Are you looking for currency convertors to convert different currencies? If so, you’ve come to the right place!
Currency conversion and international money transfer is a complex process. There are many factors to consider and it can be confusing for end users.
Currency conversion is a service that allows you to convert one currency into another. Currency conversions are normally used when you want to know how much your money is worth in another country, or if you want to do business with someone who doesn’t live in the same country as you.
A currency converter takes two currencies and converts them into each other at the current exchange rate. This can be done by hand or automatically through an API (Application Programming Interface).
APIs can come in handy because it allows you to access data from a third party without having any knowledge of how it was collected or stored originally. This means that an API-driven service can be specifically toward your needs without any additional programming work on your part; all you have to do is request the information.
APIs are a web service that allows you to access information about Forex, stocks, commodities and other financial instruments. Thay are designed to give you easy access to our data in order for them to use it for their own purposes, without having to be a developer.
If you are looking for some reliables currency convertors then you have come to the right place. We have compiled a list of the best currency conversion providers and forex exchange data API’s that are currently available.
Let’s take a look at three of the best for you!
1. Exchangr
Exchangr is a foreign exchange rates and currency conversion JSON API that provides precise and trustworthy information about the forex market. Due to its format, this tool collects information from reputable sources on 164 global currencies..
With Exchangr you can comprehend, follow, and be updated on what is going on in the world of economics and determine is which move you should do next. Maybe invest here, or purchase that from there, you can calculate without risk with its help!
With Exchangr, you won’t spend a cent because you can use its Free Plan. This one is very complete: you will get 250 API calls/month; coustumer support, hourly updates, access to historical data, and access to various endpoints (including timeseries, fluctuation and conversion).
However, in case you need more, you can pay a low monthly fee of USD 10 for enhanced API access, perks, and advanced features.
2. Currency Conversion
Currency Conversion is a simple currency conversion API that provides basic currency conversion capabilities online. This tool gives you access to 150 different world currencies.
If your needs are simple, you can use Currency Conversion’s Prepaid Server, that starts at USD 3. This service is ideal for people who are not consuming a lot of requests, since you can pay as you consume.
In this modality currency values are reset every 60 minutes; and the requests purchased never expires until used. On the other hand, the Premium Servers starts at USD 5 monthly and includes: premium support; 15 minutes updates; and high performance server for production use.
3. Fixer
Fixer is a simple and lightweight JSON API for current and historical foreign exchange rates. Thus, it can be implemented in under 10 minutes. Aside from live data, Fixer also comes with separate endpoints for single currency conversion and Time-Series data.
What’s more, it offers real-time exchange rates data for 170 world currencies; sourced from financial data providers and banks. The free plan provides 100 API calls monthly, hourly updates, and access to historical data.
So which of this APIs should you choose?
That is completely up to you! Now you have all the information you need to decide what’s best for you, your economy and your financial decisions! Inmerse yourself into the world’s most exciting market and make all the profits you need with the help of a forex API!
Related post Exchange Different European Currencies By Using An API For Forex Data
Also published on Medium.