CoSupport AI
What is Exchange Rates API?
Exchange Rates API delivers real-time and historical foreign exchange rate data for more than 200 currencies, updating as frequently as every 60 seconds depending on the selected plan. Designed for effortless integration via a user-friendly REST API, it is backed by a robust infrastructure capable of handling anything from a handful of daily requests to thousands per second, making it suitable for developers and businesses of all sizes.
By sourcing data from a wide range of reputable commercial providers and implementing a validation algorithm, Exchange Rates API ensures the highest accuracy and coverage available. It supports currency conversion, historical queries, secure HTTPS encryption, and offers flexible pricing plans, including a generous free tier, to meet the demands of startups and large enterprises alike.
Features
- Real-Time Exchange Rates: Access up-to-date currency rates, refreshed as often as every 60 seconds.
- Historical Data: Retrieve historical exchange rates for in-depth financial analysis.
- 200+ Supported Currencies: Comprehensive coverage of global currencies and precious metals.
- Reliable REST API: User-friendly, scalable API infrastructure supporting high request volumes.
- HTTPS Encryption: Secure data transfer using 256-bit HTTPS encryption.
- Currency Conversion: Instantly convert values across multiple currencies.
- Time-Series & Fluctuation Endpoints: Analyze trends and changes over time.
- Flexible Subscription Plans: Choose from free, starter, basic, professional, and business options.
- Priority & Standard Support: Dedicated support tiers including platinum-level for premium plans.
Use Cases
- Integrating up-to-date currency conversion rates into e-commerce platforms.
- Powering financial apps requiring real-time and historical forex data.
- Automating accounting and invoicing processes with accurate exchange rates.
- Supporting investment tools and trading dashboards with live market data.
- Building travel or remittance apps requiring current exchange information.
- Conducting financial analysis or planning using time-series data.
- Enabling shopping carts to display multi-currency pricing.
FAQs
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How accurate is Exchange Rates API forex data?
Forex rates are sourced from a broad base of commercial sources and banks, with a validation and fallback algorithm to ensure six decimal place accuracy and high coverage. -
How often are exchange rates updated?
Updates are available every 60 minutes for the Free & Basic Plan, every 10 minutes for the Professional Plan, and every 60 seconds for the Business Plan. -
What currencies and precious metals are supported?
The API provides data for 168 world currencies and precious metals, including Gold (XAU) and Silver (XAG). -
What happens if I exceed my API request volume?
Users are notified as they approach their request limit, and overage fees apply upon exceeding the quota to ensure uninterrupted service. -
Can I pay annually for my subscription?
Yes, annual payments are supported and provide a discount of up to 15% compared to monthly billing.
Helpful for people in the following professions
Exchange Rates API Uptime Monitor
Average Uptime
100%
Average Response Time
165 ms
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