Top Real Exchange Rate API alternatives in 2025

Top Real Exchange Rate API Alternatives in 2025

As the demand for accurate and real-time currency exchange data continues to grow, developers are increasingly seeking reliable APIs to integrate into their applications. The Real Exchange Rate API has been a popular choice, but several alternatives offer unique features and capabilities that may better suit specific needs. In this blog post, we will explore the top alternatives to the Real Exchange Rate API, detailing their key features, pricing, pros and cons, ideal use cases, and how they differ from the Real Exchange Rate API.

1. Exchange Rates API

The Exchange Rates API provides real-time exchange rate data for the world's currencies. With a simple REST API, it updates every few minutes and is easy to use for currency conversion purposes.

One of the standout features of the Exchange Rates API is its ability to deliver the latest foreign exchange reference rates. This endpoint returns exchange rate data updates every minute, ensuring users have access to the most current information. Additionally, the Currency Converter feature allows applications to convert between two specific currencies, making it ideal for e-commerce platforms and financial applications.

Another useful feature is the Supported Codes endpoint, which lists all currencies supported by the API. This is particularly beneficial for developers who need to ensure they are using valid currency codes in their applications.

Key Features and Capabilities:

• Latest: Get the latest foreign exchange reference rates. The latest endpoint will return exchange rate data updates every 1 minute.
• Currency Converter: This feature is useful for applications where you just want to convert between two specific currencies.
• Supported Codes: This endpoint lists the currencies that are supported by the API.

Example Response:

{"code":"0","msg":"success","base":"USD","rates":{"USD":1,"EUR":0.85,"GBP":0.75}}

Pros and Cons:

Pros: Easy to integrate, frequent updates, comprehensive currency coverage.

Cons: Limited historical data compared to some competitors.

Ideal Use Cases:

Best suited for e-commerce applications, financial management tools, and personal finance apps.

How it Differs from Real Exchange Rate API:

The Exchange Rates API focuses on providing real-time updates and a straightforward currency conversion feature, while the Real Exchange Rate API offers more extensive historical data and a broader range of functionalities.

2. Exchange Rate Data API

The Exchange Rate Data API opens the door to the global economy, offering a full suite of foreign exchange and currency conversion services. This API is designed for businesses, travelers, and developers who require real-time access to accurate exchange rates.

One of the key features of this API is its ability to provide all available currencies with a simple request. Users can also perform conversions by specifying two currencies, making it easy to integrate into applications that require currency conversion capabilities.

Key Features and Capabilities:

• All Currencies: To use this feature, simply run the endpoint to get all available currencies.
• Conversion: This feature requires users to indicate two currencies in the parameter for conversion.

Example Response:

{"success":true,"data":{"USD":"United States Dollar","EUR":"Euro","GBP":"British Pound"}}

Pros and Cons:

Pros: Comprehensive currency coverage, easy integration, real-time updates.

Cons: May lack advanced features found in other APIs.

Ideal Use Cases:

Ideal for businesses involved in international trade, travel applications, and financial institutions.

How it Differs from Real Exchange Rate API:

The Exchange Rate Data API emphasizes simplicity and ease of use, while the Real Exchange Rate API offers more complex functionalities and historical data analysis.

3. Exchange Rate Currency and Forex API

The Exchange Rate Currency and Forex API provides real-time currency data, enabling seamless transactions and risk management. This API is particularly useful for organizations that need to monitor currency valuations as they fluctuate.

This API allows users to access all available currencies and perform conversions between specified currency pairs. The ability to monitor real-time exchange rates makes it a valuable tool for financial applications.

Key Features and Capabilities:

• Currencies Available: Users can run the endpoint to get all available currencies.
• Conversion Currencies: This feature requires users to indicate two currencies without spaces for conversion.

Example Response:

{"message":"success","supportedPairs":["EURUSD","GBPUSD","AUDCAD"]}

Pros and Cons:

Pros: Real-time data, comprehensive currency support, easy to implement.

Cons: Limited historical data options.

Ideal Use Cases:

Best for financial institutions, trading platforms, and e-commerce applications.

How it Differs from Real Exchange Rate API:

This API focuses on real-time data and currency conversion, while the Real Exchange Rate API provides more extensive historical data and analysis tools.

4. Foreign Exchange API

The Foreign Exchange API allows developers to access foreign exchange data and services, integrating them into their applications. This API is essential for businesses and developers needing accurate and up-to-date foreign exchange data.

One of the main functionalities of this API is to provide real-time exchange rates for various currency pairs. Users can customize their requests by specifying the source and target currencies, the amount to convert, and even a specific date for historical data.

Key Features and Capabilities:

• Get Conversion: Users must insert the currencies they want to convert and the amount, with an optional date parameter.

Example Response:

{"success":true,"result":{"date":"2023-05-04T19:48:02.114Z","from":{"currency":"EUR","amount":20},"to":{"currency":"USD","amount":22.148}}}

Pros and Cons:

Pros: Customizable requests, real-time data, historical data access.

Cons: More complex to implement than simpler APIs.

Ideal Use Cases:

Ideal for e-commerce platforms, financial reporting tools, and currency trading applications.

How it Differs from Real Exchange Rate API:

The Foreign Exchange API offers more customization options for requests, while the Real Exchange Rate API provides a broader range of functionalities.

5. Currency Rate API

The Currency Rate API enables developers to retrieve real-time exchange rates between different currencies. This API is particularly useful for applications that require automatic currency conversions using the latest exchange rates available.

One of the primary benefits of using the Currency Rate API is its ability to simplify the process of currency conversion for developers. The API connects to a data source that provides real-time exchange rates, allowing developers to focus on their core functionalities.

Key Features and Capabilities:

• Get Real Time Rate: Users must insert two units, such as euro and dollar, to retrieve the current exchange rate.
• Get All Units: This feature returns all available currency units.
• Get Real Time Converter: Users must insert two units and an amount to get the converted value.

Example Response:

{"success":true,"from":"USD","to":"EUR","rates":[{"pairName":"USD/EUR","price":0.908,"dayChanged":0.0027,"dayChangedByPercent":0.29,"dayChangedStatus":"+","from":"USD","to":"EUR","lastUpdated":"2023-04-27T13:12:11.116Z"}]}

Pros and Cons:

Pros: Simplifies currency conversion, real-time updates, easy integration.

Cons: Limited advanced features compared to other APIs.

Ideal Use Cases:

Best for e-commerce platforms, travel applications, and personal finance tools.

How it Differs from Real Exchange Rate API:

The Currency Rate API focuses on real-time data and ease of use, while the Real Exchange Rate API offers more complex functionalities and historical data analysis.

6. Forex API

The Forex API serves as a centralized hub for retrieving real-time exchange rate data. This API is designed for applications that require accurate currency conversions and financial operations.

One of the standout features of the Forex API is its ability to provide the latest rates every 10 minutes, ensuring users have access to up-to-date information. Additionally, the Currency Conversion feature allows users to specify two currencies and an amount for conversion.

Key Features and Capabilities:

• Currencies Available: Users can run the endpoint to get the available currencies.
• Get Latest Rates: This feature provides USD-based rates updated every 10 minutes.
• Get Latest Rate: Users must indicate two currencies to return the exchange rate updated every 10 minutes.
• Currency Conversion: Users must indicate two currencies along with an amount for conversion.

Example Response:

{"ts":1692113393,"rt":1.092629}

Pros and Cons:

Pros: Real-time updates, comprehensive currency support, easy to implement.

Cons: May require more frequent updates for certain applications.

Ideal Use Cases:

Best for financial applications, trading platforms, and e-commerce websites.

How it Differs from Real Exchange Rate API:

The Forex API emphasizes real-time updates and ease of integration, while the Real Exchange Rate API provides more extensive historical data and analysis tools.

7. Reliable Currency Exchange API

The Reliable Currency Exchange API empowers businesses with accurate real-time currency conversion, fostering seamless global transactions. This API is designed to connect disparate financial systems and applications, providing access to real-time exchange rates.

One of the key features of this API is its versatility, adapting to a wide range of use cases. The API is designed with strong encryption and compliance with industry standards to protect data integrity, making it a reliable choice for financial transactions.

Key Features and Capabilities:

• Currencies Available: Users can run the endpoint to get all available currencies.
• Conversion: Users must indicate two currencies without spaces for conversion.

Example Response:

{"message":"success","supportedPairs":["AUDUSD","EURGBP","EURUSD"]}

Pros and Cons:

Pros: Reliable data sources, strong security measures, versatile use cases.

Cons: May require more complex implementation for certain applications.

Ideal Use Cases:

Best for e-commerce, finance, and travel applications.

How it Differs from Real Exchange Rate API:

The Reliable Currency Exchange API focuses on security and reliability, while the Real Exchange Rate API offers a broader range of functionalities and historical data analysis.

8. Currency Value API

The Currency Value API provides accurate, real-time exchange rates, enabling seamless integration for users, applications, and financial systems. This API is designed to eliminate the need for manual updates and calculations, allowing companies to focus on their core functions.

One of the primary features of the Currency Value API is its ability to provide all available currencies with a simple request. Users can also retrieve the latest rates by specifying a currency in the parameter, making it easy to integrate into applications that require currency conversion capabilities.

Key Features and Capabilities:

• All Currencies: Users can run the endpoint to get all available currencies.
• Latest Rates: Users must specify a currency in the parameter to get the updated exchange rate.
• Get Historical Rates: Users must indicate a currency and a date for historical data.
• Conversion Currencies: Users must indicate two currencies to convert along with an amount.

Example Response:

{"date":"2023-08-25","rates":{"FJD":2.446146,"MXN":18.121329,"USD":1}}

Pros and Cons:

Pros: Accurate and timely data, easy integration, comprehensive currency support.

Cons: May lack advanced features found in other APIs.

Ideal Use Cases:

Best for e-commerce platforms, travel applications, and financial services.

How it Differs from Real Exchange Rate API:

The Currency Value API focuses on providing accurate and timely data, while the Real Exchange Rate API offers more complex functionalities and historical data analysis.

9. Foreign Exchange Rates and Currency Conversion API

The Foreign Exchange Rates and Currency Conversion API serves as a bridge between disparate currencies, providing a reliable mechanism to retrieve up-to-date exchange rates. This API is designed for applications that require accurate and timely information for financial transactions.

One of the key features of this API is its ability to provide all available currencies with a simple request. Users can also perform conversions by specifying two currencies, making it easy to integrate into applications that require currency conversion capabilities.

Key Features and Capabilities:

• All Currencies: Users can run the endpoint to get all available currencies.
• Get Conversion Currencies: Users must indicate two currencies without spaces for conversion.

Example Response:

{"message":"success","supportedPairs":["AUDUSD","EURGBP","EURUSD"]}

Pros and Cons:

Pros: Reliable data sources, easy integration, comprehensive currency support.

Cons: May require more complex implementation for certain applications.

Ideal Use Cases:

Best for e-commerce, finance, and travel applications.

How it Differs from Real Exchange Rate API:

This API focuses on providing reliable data and ease of integration, while the Real Exchange Rate API offers a broader range of functionalities and historical data analysis.

Conclusion

In conclusion, while the Real Exchange Rate API remains a strong contender in the realm of currency exchange APIs, the alternatives discussed here each offer unique features and capabilities that may better suit specific needs. The Exchange Rates API is ideal for those seeking real-time updates and straightforward currency conversion, while the Exchange Rate Data API provides comprehensive access to foreign exchange services. For those focused on security and reliability, the Reliable Currency Exchange API is a strong choice. Ultimately, the best alternative will depend on your specific use case, whether it be e-commerce, financial management, or travel applications.