This API provide real-time or historical exchange rates, currency conversion capabilities and other currency-related functionality that enable businesses and developers to automate currency exchange processes, build financial applications and offer currency-related services to their users.
Foreign exchange API are essential tools for businesses, financial institutions, fintech companies and developers who need accurate and up-to-date foreign exchange data. These APIs are typically provided by foreign exchange data providers or financial technology companies specializing in foreign exchange services. They offer a wide range of functionality that can be tailored to the needs of different applications and industries.
One of the main functionalities of Foreign Exchange APIs is to provide real-time exchange rates. This API allow developers to access the latest exchange rates for various currency pairs, such as EUR/USD, GBP/JPY or AUD/CAD. Real-time exchange rate data is crucial for applications that require up-to-date currency conversion calculations, such as e-commerce platforms, travel booking websites or financial applications that deal with international transactions.
Provide historical exchange rate data, which allows developers to access past exchange rates for specific currency pairs. Historical exchange rate data is useful for applications that require historical currency conversion calculations, such as accounting software, financial reporting tools or investment applications that analyze historical currency market trends.
Currency conversion is another important functionality. These APIs allow developers to perform currency conversions from one currency to another using the latest exchange rates. Currency conversion is essential for applications that perform multi-currency transactions, such as e-commerce platforms, payment gateways or travel booking websites that display prices in different currencies.
It will receive parameters and provide you with a JSON.
Currency Conversion: They are commonly used for currency conversion in applications such as e-commerce platforms, payment gateways or travel booking websites, where users need to convert prices or transaction amounts from one currency to another based on real-time exchange rates.
Financial reporting: Used in financial reporting tools to calculate accurate currency conversion rates for international transactions, investments or accounting purposes. This allows companies to generate accurate financial reports that reflect currency fluctuations and exchange rate changes.
International Money Transfers: Can be used for remittance or money transfer applications to calculate currency conversion rates for sending or receiving money internationally. This allows users to send or receive money in different currencies with accurate exchange rates.
Currency trading: Used in currency trading platforms to access real-time exchange rates, historical exchange rate data and perform cross-currency rate calculations. This enables currency traders to make informed decisions and execute trades based on up-to-date currency data.
Foreign Exchange Risk Management: These are used in risk management tools that help firms manage foreign exchange risk by calculating and monitoring currency exposure, analyzing historical currency trends and setting alerts or triggers based on changes in exchange rates.
Basic Plan: 3,000 API Calls. 100 requests per day.
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To use this endpoint you must insert in the parameters the currencies you want to convert and the amount. It also has an optional parameter to retrieve information according to the date.
The date parameter must be written in iso format: YYYY-MM-DDTHH:mm:ss.sssZ
Currencys: IDR, ILS, INR, KRW, MXN, MYR, NZD, PHP, SGD, THB, ZAR, EUR, USD, JPY, BGN, CZK, DKK, GBP, HUF, PLN, RON, SEK, CHF, ISK, NOK, TRY, AUD, BRL, CAD, CNY, HKD,
{"success":true,"result":{"date":"2023-05-04T19:46:01.976Z","from":{"currency":"EUR","amount":10},"to":{"currency":"USD","amount":11.074}}}
curl --location --request GET 'https://zylalabs.com/api/1950/foreign+exchange+api/1688/get+conversion&from=Required&&to==Required&to=Required&&amount==Required&amount=Required' --header 'Authorization: Bearer YOUR_API_KEY'
After signing up, every developer is assigned a personal API access key, a unique combination of letters and digits provided to access to our API endpoint. To authenticate with the Foreign Exchange API REST API, simply include your bearer token in the Authorization header.
Header | Description |
---|---|
Authorization
|
[Required] Should be Bearer access_key . See "Your API Access Key" above when you are subscribed. |
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