If you’d like to use a currency conversion API with a WordPress plugin for your project, but don’t know where to begin, we have a great suggestion for you to try out.
What is a Currency Conversion API?
A currency conversion API is an online service that provides live exchange rates between various forms of currencies. Currency conversion APIs are important for a website because it allows the website to perform many tasks it otherwise wouldn’t be able to.
Why should you use a WordPress plugin for currency conversion?
Since WordPress does not have this functionality built-in using a plugin will save you time and money.
You want people to visit your site from all over the world. You also want to sell goods and services to those same people, but you don’t know how to handle currency conversion because there are thousands of currencies in use throughout the world. A currency conversion plugin allows you to display any country’s currency on your page, letting customers know exactly how much their purchase will cost them in their own currency.
The plugin is aimed to help users who need to get conversion rates of currencies from different countries within WordPress sites. This makes the template ideal for use by businesses wanting to show conversion rates in real-time as they can interchange them whenever they want to.
Okay then, which API should you use? We highly recommend you try out Exchangr’s plugin
Why Exchangr?
Exchangr is a REST API that leverages the JSON data format to provide consumers and companies with accurate currency exchange rates and conversions.
The API has five customisable endpoints for various activities. The live endpoint provides real-time exchange rates, the historical endpoint historical currency rates, the convert endpoint multiple currencies, the time-series endpoint exchange rates over a defined time period, and the fluctuation endpoint returns change parameters for any currency.
The Exchangr API accepts 164 currencies and 8 cryptocurrencies from all around the world. Before being sent to customers, the data is obtained from a variety of commercial forex data sources and banks and blended algorithmically. It refreshes data on a regular basis, with intervals ranging from 60 minutes to 60 seconds.
The forex API from Exchangr not only supports common currency pairs, but also calculates cross rates by linking major currencies. They make every attempt to obtain accurate data from a variety of trustworthy sources in order to cover even the smallest traded currencies. As a consequence, you can trust the Exchangr FX API to handle even the most difficult business needs.
Create a free account and acquire your API key to use the Exchangr API; no credit card is necessary. You can also join up with your Google account.
Key Features
- API for real-time and historical currency conversion, and fluctuation data.
- Intraday and historical charts AP.
- Historical spot and futures prices for 170+ currencies.
Key Benefits
- Use a trusted gold Forex Rates API used by hundreds of firms in the industry.
- Access institutional quality real-time Forex Rates through an easy-to-use API.
- Easily embed real-time Forex Rates in your applications — including spreadsheets, websites, mobile apps, and other corporate applications.
- Dramatically reduce time to market for apps that need Forex Rates.
- Eliminate the pains and complexity of legacy feeds by using cloud APIs.
Exchangr hasn’t been launched yet, but once it is, you’ll be able to find the link for the plugin Here.
You might also be interested in:
How To Get Forex Rates In Python
Also published on Medium.