BUSINESS

Get the Latest Currency Exchange Rates with this Easy-To-Use API 

Are you a Forex trader? Or engaged in export and import businesses? Sell your products internationally? If yes, then chances are high that you will be delighted to use a currency exchange rate API. APIs are extremely useful in offering myriad services by connecting two software or apps. A currency conversion API is highly functional in providing updated information about countless currencies across the world. Currency conversion APIs are also valuable in providing historical data of a currency thereby helping in devising a business strategy.

But, the process of choosing a currency exchange rate API can be tedious. Not everyone knows the specifications to consider before opting for an API. This article talks about an API that has gained popularity because of its ease of accessibility and excellent features. 

When it comes to choosing a currency API converter, Currencylayer undoubtedly takes the top place. This API has climbed the ladder of success swiftly because of its thoughtful features. Currencylayer API is designed intricately to provide a seamlessly consolidated  REST API. 

This platform is popular for providing real-time data as well as historical exchange rates of around 168 world currencies and expensive metals. These are currencies and metals that are supplied universally and are easily parseable in JSON format – offering compatibility with any application.  This self-explanatory and comprehensive user interface helps newbies to approach it with ease. 

Who is the Backbone of the Currencylayer? 

This API converter is the brainchild of Apilayer. Apilayer is a renowned SaaS brand offering notable products like eversign, invoicely, and the list goes on. They are in the process of devising more productivity-enriching API products. 

One of the very highlighting features of Apilayer is that they put all their emphasis on producing products aimed at automation so that people can direct all their focus on building the ultimate product. Probably this is the reason behind the API’s gigantic customer count of 4 million and higher. 

The Uniqueness of Currencylayer 

The most striking factor about Currencylayer is, it offers a blend of cost-efficient yet steadfast and well-performing Enterprise-class APIs. here, the audience will come across immensely trustworthy, accurate, and consistent currency exchange rates. The complete API process is minutely observed, and it is made obtainable to small-scale businesses and startups as well. 

This real-time Forex API obtains all the data from banks and other commercial sources. The team follows a complete faultless procedure in retrieving the data. This is the reason, Currencylayer is trusted by over 2, 50,000 companies worldwide like Disney Pixar, Griffin, TeamViewer, Freelancer, and so on. 

Key Features of Currencylayer 

This currency exchange rate API has gained popularity because of numerous features as already stated. Let us gain some knowledge about them.

  1. Authentic Forex Rates: Currencylayer is a trusted API converter as it continuously updates the exchange rates of 168 countries every 60 minutes to 60 seconds. There is no chance for the audience to receive misguided information.
  2. Readily Merged API: This API is structured with an adaptable JSON format ensuring flawless usability, swift integration, and most importantly compatibility with every application that you use. 
  3. Historical Exchange Rate: This API is quite famous for its feature of providing historical foreign exchange rate that ranges back to 19 years. With the help of this feature the Forex trader, and import and export businesses pause their relentless search for historical foreign rates. It makes their work greatly practical and reduces undue workload.   
  4. Enhanced Features: Get every single amount converted with the help of Currencylayer. You can change the currency’s parameters, switch them to Source Currency, and so on. 
  5. Cost-Efficient: One of the highlighting features of this API platform is its affordable cost which makes it available to all types of people. There is a free plan that you can access initially. If you feel the need to upgrade, the premium API access starts from USD 9.99 per month. 
  6. Highly Secure: This API platform is made with a faultless security system. It promises utmost safety and encrypted datastreams by connecting the API with the industry-standard HTTPS. 
  7. Outstanding Tech Support: Currencylayer is made of an excellent team having extensive experience of many years. They are highly adept with tech knowledge, and that is ushered on the API platform. The tech support team is available constantly to guide the audience throughout the process. 
  8. Tracking Access: The user has the option to track their monthly or daily API usage and acquire automatic notifications in case they are running low.   

If the idea of a currency conversion API has interested you, just spend one minute signing up at Currencylayer. They have some promising clients like Intel, OPera, FedEx, and so on. Their real-time information will act as a boon for your business or trading. 

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