exchangeratesapi.io vs ExchangeRate-API

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

exchangeratesapi.io is a Online Services solution with tags like currency, exchange-rates, api, ecb.

It boasts features such as 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 pros including Free to use with no limits, No registration required, Easy to integrate REST API, Reliable data from European Central Bank, Covers most world currencies.

On the other hand, ExchangeRate-API is a Business & Commerce product tagged with currency, exchange-rate, api, conversion.

Its standout features include 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 it shines with pros like Accurate and reliable exchange rates, Large currency selection, Historical data for analysis, Easy to implement, Good documentation.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

exchangeratesapi.io

exchangeratesapi.io

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.

Categories:
currency exchange-rates api ecb

Exchangeratesapi.io Features

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

Pricing

  • Free

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


ExchangeRate-API

ExchangeRate-API

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.

Categories:
currency exchange-rate api conversion

ExchangeRate-API Features

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

Pricing

  • Subscription-Based
  • Pay-As-You-Go

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