ExchangeRate-API vs exchangeratesapi.io

Struggling to choose between ExchangeRate-API and exchangeratesapi.io? Both products offer unique advantages, making it a tough decision.

ExchangeRate-API is a Business & Commerce solution with tags like currency, exchange-rate, api, conversion.

It boasts features such as Real-time exchange rates for 168 world currencies, Historical currency data going back 25+ years, Flexible usage plans for different needs, Easy integration with JSON & XML APIs, High availability and uptime and pros including Accurate and reliable exchange rates, Large currency selection, Historical data for analysis, Easy to implement, Good documentation.

On the other hand, exchangeratesapi.io is a Online Services product tagged with currency, exchange-rates, api, ecb.

Its standout features include Provides current and historical foreign exchange rates for 168 world currencies, Rates updated daily based on European Central Bank data, Free RESTful API with JSON response, No need to register for an API key, Supports base currency conversion, Historical rates available for any day since 1999, Bulk download of time-series data, and it shines with pros like Free to use with no limits, No registration required, Easy to integrate REST API, Reliable data from European Central Bank, Covers most world currencies.

Feature	ExchangeRate-API	exchangeratesapi.io
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Online Services

Product Overview

ExchangeRate-API

Description: ExchangeRate-API is a currency conversion and exchange rate data API. It provides real-time and historical foreign exchange rates for 168 world currencies. The API is easy to integrate and offers flexible plans for startups and enterprises.

exchangeratesapi.io

Description: exchangeratesapi.io is a free API for current and historical foreign exchange rates published by the European Central Bank. It provides access to updated daily rates for 168 world currencies.

Key Features Comparison

ExchangeRate-API Features

• Real-time exchange rates for 168 world currencies
• Historical currency data going back 25+ years
• Flexible usage plans for different needs
• Easy integration with JSON & XML APIs
• High availability and uptime

exchangeratesapi.io Features

• Provides current and historical foreign exchange rates for 168 world currencies
• Rates updated daily based on European Central Bank data
• Free RESTful API with JSON response
• No need to register for an API key
• Supports base currency conversion
• Historical rates available for any day since 1999
• Bulk download of time-series data

Pros & Cons Analysis

ExchangeRate-API

Pros

• Accurate and reliable exchange rates
• Large currency selection
• Historical data for analysis
• Easy to implement
• Good documentation

Cons

• Can be expensive for high usage
• Limited customization options
• No free plan
• Support response times could be faster

exchangeratesapi.io

Pros

• Free to use with no limits
• No registration required
• Easy to integrate REST API
• Reliable data from European Central Bank
• Covers most world currencies

Cons

• Only provides currency exchange rates, no other financial data
• Historical data only goes back to 1999
• No advanced analytics or reporting features
• Limited to published European Central Bank rates

Pricing Comparison

ExchangeRate-API

• Subscription-Based
• Pay-As-You-Go

exchangeratesapi.io

• Free