Exchange Rates API favicon Exchange Rates API VS Fixer.io favicon Fixer.io

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.

Fixer.io

Fixer.io provides developers and businesses with a simple, lightweight API for accessing up-to-date and historical foreign exchange rate data. With coverage for 170 world currencies and updates as frequently as every 60 seconds, users benefit from a reliable, scalable platform backed by rock-solid data sources such as the European Central Bank.

Designed with a developer-first approach, Fixer.io features bank-level security, detailed documentation, intuitive code examples, and flexible endpoints for real-time conversions, historical lookups, time-series analysis, and fluctuation monitoring. Its modular pricing plans and robust support make it suitable for everyone from individuals to enterprises managing international currencies.

Pricing

Exchange Rates API Pricing

Freemium
From $8

Exchange Rates API offers Freemium pricing with plans starting from $8 per month .

Fixer.io Pricing

Freemium
From $15

Fixer.io offers Freemium pricing with plans starting from $15 per month .

Features

Exchange Rates API

  • 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.

Fixer.io

  • 170 Currencies: Comprehensive support for global currencies with real-time rates
  • Real-Time & Historical Data: Access to current and historical rates dating back to 1999
  • Currency Conversion Endpoints: Powerful endpoints for precise and efficient conversions
  • High-Frequency Updates: Rates updated as often as every 60 seconds
  • Time-Series and Fluctuation Endpoints: Analyze currency trends and fluctuations over specified periods
  • Bank-Grade Security: 256-bit SSL encryption for safe data delivery
  • Developer-Friendly Documentation: Clear guides and code examples enable fast API integration
  • Scalable Volumes: Handles high request volumes with guaranteed availability
  • Sourced from Trusted Institutions: Data provided by reputable banks and financial sources
  • Multiple Support Tiers: Standard and Platinum support available based on user plan

Use Cases

Exchange Rates API 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.

Fixer.io Use Cases

  • Automating foreign exchange rate retrieval for e-commerce platforms
  • Integrating real-time currency conversion in financial or travel applications
  • Analyzing historical currency trends for market research
  • Building time-series dashboards for finance professionals
  • Monitoring currency fluctuations for international business operations
  • Enabling transparent pricing and multi-currency support in SaaS products
  • Powering accounting software with up-to-date currency conversion rates

FAQs

Exchange Rates API FAQs

  • 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.

Fixer.io FAQs

  • Are volume discounts available?
    Yes, Fixer.io offers custom pricing plans for larger API call volumes. Contact their team for a tailored quote.
  • Is Fixer.io a subscription service?
    Yes, billing is available on both monthly and yearly bases with automatic renewals. You can cancel at any time.
  • How can I pay for a subscription?
    Payments are accepted via most credit cards, PayPal, and standard invoicing procedures.
  • Does Fixer.io support non-profit organizations?
    Yes, non-profits are encouraged to contact Fixer.io to discuss potential support and customized arrangements.

Exchange Rates API

More details Visit Exchange Rates API

Fixer.io

More details Visit Fixer.io

More Comparisons:

Didn't find tool you were looking for?

Be as detailed as possible for better results