Do you want to learn about what a currency convertor API is and how to use it? If yes, you are in the right place!
A currency convertor API is a service that allows you to get currency exchange rates in real time. You can use this data in your apps and websites to help users make well-informed decisions about currency conversions. However, you may wonder: why do you need a currency convertor? Well, you might not realize it, but your business relies on foreign currency conversions every day. These conversions happen when you sell goods; or services online; or abroad and when buying goods from abroad for resale in your local market.
For example, if you’re selling products online in Europe or North America, then you’re likely using euros or dollars as your base currency – but if you’re selling products in Australia or Asia then they’ll be priced in Australian dollars or Japanese yen respectively. This is where having access to up-to-date currency rates comes into play: if you don’t convert your prices correctly then customers will notice (and probably complain).
How To Use A Currency Convertor
A currency conversion API is a tool that allows you to convert one currency into another. The most common use case for a currency convertor is when you want to display prices in your website in multiple currencies. The API (Aplication Programming Interface) format is a set of functions that allow you to send and receive requests, as well as get information about the currencies being exchanged. That is how, by integrating this kind of API into your website; you will be able to display currency data; and provide customers with the ability to pay for their goods in different currencies!
Which Convertor Is The Best Nowadays?
So, as you imagine, if you run an international e-commerce website or app, you may need access to real-time data; so that you can ensure customers see accurate prices when shopping online or through mobile apps. This will help ensure they don’t feel ripped off by unexpected charges, and have a transparent experience when shopping abroad. If they are happy with this experience, chances are they buy from you again!
That is why, a currency convertor like Exchangr API is an extremely useful tool for businesses that need to make global transactions or sell goods internationally. By providing currency data, it allows users to make informed decisions when it comes to buying and selling products. Because, integrating an API into your website or application means that users will be able to see their own currency instead of a foreign one.
Is This API Trustworthy?
Yes, it is! Exchangr API is a currency convertor API that provides precise currency exchange rates and conversions using JSON data. It has up-to-date information for 172 different world currencies. This means you get access to data for over 30.000 currency pairings! Exchangr’s forex information is gathered from a variety of trustworthy sources (more than 10!) throughout the world; making it the most dependable and convenient method to get real-time currency conversion and forex rates!
It is also a low-cost API, making it the ideal tool for startups and online enterprises; as well as bigger corporations in need of trustworthy financial data via an easy-to-use interface. That is why, Exchangr API is utilized to power financial departments. mobile applications, and back-office systems. You may give it a try by clicking here to register. It’s for free and you don’t need to give any credit card details!
Related post: Where Can I Find A Free API For Forex Data Retrieval?
Also published on Medium.