Open Exchange Rates

Open Exchange Rates

Open Exchange Rates provides a free, simple and easy-to-use API for current and historical foreign exchange (forex) rates and currency conversion. The API covers 168 world currencies and is updated hourly.
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forex currencies exchange-rates api

Open Exchange Rates: Free Forex API

Free, simple and easy-to-use API for current and historical foreign exchange rates and currency conversion of 168 world currencies, updated hourly.

What is Open Exchange Rates?

Open Exchange Rates is an API service that provides access to foreign exchange rate data. The API covers 168 currencies and refreshes the exchange rates hourly to provide up-to-date information.

Some key features of the Open Exchange Rates API include:

  • Real-time exchange rates updated hourly for 168 world currencies
  • Historical exchange rates going back 7 days
  • Free plan with 1,000 API requests per month
  • Paid plans with higher rate limits available
  • Simple REST API interface with JSON responses
  • Lightweight and fast API responses
  • Currency conversion support
  • Client libraries available in various programming languages

The Open Exchange Rates API is easy to implement and ideal for developers looking to integrate foreign exchange data and currency conversion functionality into their applications. It can be used to build travel/shopping apps, financial tools, Bitcoin services and more.

Open Exchange Rates Features

Features

  1. Free and simple API for current and historical foreign exchange (forex) rates
  2. Covers 168 world currencies
  3. Updated hourly
  4. Easy to integrate and use
  5. Provides access to real-time and historical exchange rates

Pricing

  • Free
  • Freemium

Pros

Free to use for a limited number of requests per month

Reliable and accurate exchange rate data

Simple and straightforward API

Covers a wide range of currencies

Cons

Limited free usage tier with higher pricing for increased usage

No advanced features or customization options in the free plan

Potential latency in data updates


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