Are you looking for information on foreign currencies? Well, in that case, we think that the best thing you could do is use this foreign exchange rates API to find out everything you are looking for! And also, in this post, we will give you all the information you need to learn about this system.
Foreign currency is understood to be both foreign bank notes and bank balances denominated in foreign currency. The value of currencies usually varies according to the operations that are carried out in the international money market. In this way, the exchange rate is established, which is the relationship between a national currency and a currency. Foreign exchange is a very important component of the economy. To import services and goods, or to make investments abroad, foreign currency is needed (usually dollars or euros). These currencies, in turn, are obtained thanks to exports and foreign investments.
Currently, the market gives us the possibility to buy and sell various types of currencies internationally without leaving our Internet browser. More specifically, today’s investors often use an online market called Forex; It is important to note that its opening hours have limits: it remains open five days a week, Monday through Friday. To earn money through the purchase and sale of currencies it is necessary to have certain knowledge, in combination with a good intuition and use a good digital tool, a foreign currency rates API.
If you are looking to find the best foreign currency rates API to be able to trade in the foreign exchange market, the best option is to use Get Exchangr. This tool is considered the best by many companies and investors who are dedicated or who work in the international currency market.
Use Get Exchangr to get foreign currency rates in 2023
Get Exchangr API is the most complete tool to access the international currency market. When we talk about a complete service, we mean a very complete one. For example, you can access information for 174 currencies. Currencies such as the euro, dollar, yen, and Yuan, as well as the currencies of Kuwait, Saudi Arabia, Brazil, South Africa, and Russia, among other countries. In addition, the information you will find is reliable. International banks and financial institutions are responsible for providing the information to Get Exchangr API.
How often are exchange rates refreshed?
The answer to that question is “it depends”. It depends on the type of plan you purchase. Currently, Get Exchangr offers 3 plans in total, the PRO plan, the Growth plan and the no-cost plan. Each has different prices and different benefits. For example, quotes are refreshed every 60 minutes on the no-cost plan. Quotes are refreshed every 10 minutes if you choose the growth plan. Instead, quotes are refreshed every 60 seconds if you choose the Pro plan. Choose the plan that is best for your needs.
Each plan has a limited amount of API Calls. Your API request volume can be exceeded by 20% without your service being affected. If you want to change plans, you can choose a better plan or a cheaper one, without any problem. The change will be made automatically. If you want to find out more information, visit the Get Exchangr website or use the virtual chat for more information.