Are you looking to access currency conversion, foreign exchange rates, and world market data in one place? If so, a Forex API can help you.
The world of finance has changed dramatically in the past few years. A lot of new data is generated every day; which enables us to analyze the markets and make better decisions. This data is useful for many purposes: businesses, fintech, trades, investment and developers.
One of the ways how people are using this data is by using a Foreing Exchange (Forex) API to access historical data on currency rates.
How can a Forex API help you?
This tool can help you in differents ways, including -but not limited to-:
- For example, if your business needs current exchange rates to make decisions, a Foreing Exchange API can provide an automated way for the data to be accessed and integrated into your website or application.
- Also, the ability to access historical data is also important. Businesses may want to analyze past performance of a portfolio, and individuals may want to compare current trends with past ones.
- And, think of all the possibilities for investment! If you know the actual prices (and historical data) of each currency; then you will know when and where to invest!
- You will save time, because you won’t have to spend hours searching all the foreign exchange information anymore.
- With all of the above you will save, and if you use it well, even gain money!
With this said, we are sure you are already thinking: I need one of those! Well, you are in luck, we have a foreign exchange API in mind that will definitely help you!
Get Currency conversion & FX Rates With Exchangr
Exchangr is a JSON API that delivers real-time currency conversions and foreign exchange rates. It’s forex system is integrated with information gathered from several reputable sources and world banks. Because of this, Exchangr is a reliable FX API that offers data for 164 currencies, AND 8 cryptocurrencies. This sums up to 172 international currencies!
Exchangr API makes it easy for you to integrate your personal website or app with the best currency converter available on the web. Its easy-to-use interface allows users to quickly convert any amount from one currency into another. Also you can view historical rates over a period of time ranging from as little as one minute up until a full month. Moreover, this API is budget friendly, so you can either enjoy using the Free Plan, or get advanced API access and perks through a friendly $10 per month!
Exchangr is practical and easy to use so that anyone can save time when they need to convert currencies. This without having to go through all those extra steps involved in finding out what the rate might be on any given day of their trip abroad –
How to use Exchangr
You can use Exchangr for free and it just takes you 5 minutes. Here is how you can do it;
- Click here to register and obtain you API key. With this you will get access to Exchangr’s endpoints.
- Select the currencies (or cryptocurrencies) you want to obtain rates, or convert.
- Lastly, make the API call. To do so, just follow what the Documentation says in here.
And just like that, you will get the information in a heartbeat!
But, if you have any question or doubts, we suggest you to visit the Frecuent Asked Question page by clicking here. There you will have a lot of already answered questions that can help you understand better how Exchangr API works.
Also, if you have a question that is not answered in that site, then you can always contact Exchangr’s team directly! They are working from 10am to 7pm (EST time). Write them a message via the contact form or email and Customer Support team will write you shortly.
That’s it! Now you know that Exchangr is the one place you will get currency conversion and foreign exchange rates!
Related post: Foreign Exchange APIs Are Your New Financial Advisor
Also published on Medium.