Oanda forex rate converter

Sterling is likely to remain as popular as that great British delicacy, jellied eels, this week.

The Indonesian rupiah is another one to watch, closing near to 15, With a BI rate decision on Thursday as well, this week promises to be a tough one for both the central bank and the currency. This article is for general information purposes only.

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It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all.

Oanda Currency Converter

You could lose all of your deposited funds. An equally important factor is how often this data is refreshed. Excuse us, we are really focusing on the details here: the currencylayer API offers the most options to choose from, ranging from 60 minutes to 60 seconds which is remarkable, considering their low prices , the Open Exchange Rates API lets users choose between 60 minutes and 10 minutes, XE offers daily or second updates, and Xignite and Oanda seem to offer "true" real-time rates, updated almost live as forex trades are happening.

Now, each provides an SSL endpoint, the possibility to specify a base currency which is the currency to which all other currencies are relative to and to limit the API results to a certain number of currencies. A slight weak spot in API functionality appears for the XE API, which does not seem to support a separate API endpoint for currency conversion, time-series data or any parameters defining the change of a currency rate over a specific period - but as mentioned, these features are not absolutely necessary in order to realise at least a substantial part of a currency converter API's potential.

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Now for the factor that influences most of our decisions, and which also happens to see the largest differences between each provider - the pricing. A clear thumbs-up for both the currencylayer API and Open Exchange Rates for providing an entirely free subscription plan and keeping their prices low in general.

The table says more than a thousand words - take a look at it for the most important pricing components. Although we have done our best researching each currency converter API, we cannot guarantee the content of this website to be entirely correct and free from errors. Any suggestions, comments or complaints?

Contact us at [email protected] - we'll get in touch as fast as possible! Full Comparison. Xignite API. XE API. Oanda API. Free Version.

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