Currencylayer API
Power Your Apps with Accurate Exchange Rates
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This API is best for powering business applications involving money by providing accurate, real-time exchange rates.
A developer should use this API because it provides up to date currency rates and information to allow businesses to run effectively and consistently across different currencies. This API can be used to display prices instantly, assist with billing and payments, finance and forex trading, international promotions, and tax calculations.
Key features
- The main features of this API are real-time exchange rate data for 168 global currencies
- historical currency data for the last 7 years
- and live currency conversion rates.
Potential use cases
- Travel Expenses Tracker: An app that tracks travel expenses in different currencies and display a total at the end, with the conversion rates being fetched from the API.
- Finance App: An app that assists with Forex trading and investment decisions, including the ability to predict cost and profit in different currency settings.
- Multi-Currency Accounting Platform: An accounting platform that provides comprehensive multi-currency information and analysis to international businesses, using up to date currency rate data from the API.
I've been using the Currencylayer API for the last year and it's been an invaluable resource for my international business. It keeps us up to date with all the latest currency exchange rates and ensures we always properly account for every transaction. Highly recommended!
Related Technologies
- XE Currency Data API
- OXR Exchange Rates API
- and Open Exchange Rates API