Are you looking for foreign market data or maybe to show live foreign exchange rates on your website? If so, you’re in luck!
Currencies are constantly changing in value. At best, it can be tricky to find an accurate exchange rate; at worst, it’s impossible to keep track of how much you’re spending on foreign currency. Whether you are traveling abroad, or simply purchasing products or services from foreign vendors, currency conversion often takes a lot of time to complete.
However, it’s a fact that currency exchanges have to be taken into consideration when doing business because, all in all, they are an essential component to nearly every financial transaction on earth!
Yup, I know it can be tough to find the right foreign market data for your necessities — and if you’re a startup it’s probably even tougher. Well, let’s not forget that, in the past, getting foreign exchange rates took a lot of work. You had to go to several different websites, look up the exchange rate and then input those values into a spreadsheet. But now that process has been automated with APIs. You can receive real-time foreign exchange rates with the click of a button. But how? Just keep reading!
Start using a forex API!
A foreign exchange API is a way to retrieve current exchange rates and historical economic data. There are certain sites and services offering an application programming interface (API) for free access to currency market information. These are used by forex traders, companies, retailers, and private people as well. To help you get one at the push of a button, we particularly recommend you the most accurate and reliable one: Exchangr
What is Exchangr?
Exchangr is a REST API that makes it easy to convert between currencies using the JSON data format. It provides you with real-time information on up to 164 currencies and 8 cryptocurrencies; 30,000 currency pairs. It offers you a free service to keep up-to-date with currency fluctuations and convert them into your local currency. You can also get the latest exchange rates, historical data, and convert currencies just in one site! No need to look for other websites. Exchangr helps you with all your needs!
To start using Exchangr click here and sign up to obtain your API key. Then, select the currencies you want to obtain rates for or convert, make an API call, and you’re done! No credit card needed!
Learn more in this next post: What Is A Foreign Exchange Rates API?
Also published on Medium.