Historical exchange rate data is popularly used in currency trading applications. Investors frequently use historical currency data in foreign exchange trading applications. It is a service that shapes the investments of investors.
Historical exchange rate data is provided by APIs that provide currency conversion services. Today there are many APIs that provide this service. The most popular historical exchange rate API preferred by giant companies such as Kranken and Samsung is Fixer API. Fixer API provides both current and historical data to its users in just milliseconds.
Fixer API provides current and historical currency data for 170 currencies. It obtains the data provided by various official financial institutions and banks, especially the European Central Bank.
Fixer API is developed by developers with a developer-friendly approach. Quickly integrated, the JSON API is flexible and can be integrated into applications in a few steps. In addition, it provides a lot of information to both developers and business owners with very strong documentation.
Now we will talk about how to integrate Fixer API into 5 different programming languages.
Fixer API with 5 different programming languages
We will integrate the historical exchange rate data service provided by Fixer API into 5 different programming languages.
We have implemented the integration of Fixer API with applications very simply and quickly. If the ‘base’ field is not set in the request to the Fixer API, EUR is selected by default. We did not set the ‘base’ field either, and we expect the values of USD, TRY and CAD currencies to correspond to the EUR currency on the date we specified.
When these applications are run, the following output will be printed on the console screen of the applications.
The popularity of historical exchange rate data is increasing. It is an element that determines investment plans for investors. By integrating Fixer API into your applications in just a few steps, you can convince medium and large-scale investors to use your applications.
Exchange rates services are used by many applications and websites today. Using web services that offer exchange rates API services, applications provide instant currency conversion to their users.
Web Services that offer exchange rates API service are very popular today and the competition between each other is getting hotter. Many popular technology firms produce, develop and sell web services that offer exchange rates.
The most popular and best free service offering exchange rates API is Fixer API. Fixer API currently supports 170 officially recognized currencies. It provides the most accurate and up-to-date data to its users by obtaining the currency information of the supported currencies from various official financial institutions and banks. Fixer API updates the data it provides every 60 seconds. In addition to the current data provided, Fixer also provides historical data of values for 170 currencies.
Fixer API is used by world giant companies such as Microsoft, Bershka and Samsung with its up-to-date and powerful documentation.
To get acquainted with this and many other advantages of the Fixer API, we will talk about how it is integrated and used on the code side.
Integration Fixer API with Nodejs
Before integrating the Fixer API into the code side, we obtain an API key by choosing one of the packages offered by the most popular API marketplace, APILayer. APILayer also offers a free package for the Fixer API.
After obtaining the API key, let’s create a Nodejs project on the desktop and install the necessary packages by running the command below.
npm i express node-fetch
Next, let’s paste the following codes into our index.js file.
We integrated the Fixer API into the application in just a few steps and used it quickly.
The number of applications that provide the exchange rates service is increasing. In this way, applications can increase the satisfaction of their users and attract more users to the application. You can quickly access the privileges of this service by quickly integrating the Fixer API, which provides an exchange rate API service, into your applications. Here you can find detailed documentation of Fixer API.
Currency conversion processes can be done in milliseconds today in digital environments. Currency trading applications, online banks, and various financial institutions provide these services to users.
Applications and websites obtain currency values to be used in currency conversion operations in online environments with currency converter APIs. Today, there are web services that provide many currency converter API services.
Among these, the application that provides the best free currency converter service is Fixer. In the most basic sense, Fixer provides the best free currency conversion service with the API it provides. Let’s get to know the Fixer API a little more closely.
What is Fixer API
Fixer API offers the most popular currency converter service today. It provides a very flexible and lightweight API in JSON format. It supports 170 official currencies around the world. It provides access to the data of the supported currency or the conversion information between these currencies within milliseconds.
Fixer API keeps the accuracy rate of the currency data it provides at the highest level. It obtains currency data from national official financial services and banks. It updates the data it provides every 60 seconds.
An excellent service is also provided in foreign exchange investing, which is one of the most popular topics of today. Fixer API also provides historical data for the currencies it supports. In this way, investors can direct their investments by analyzing historical data.
The developer-friendly Fixer API also provides powerful documentation and easy integration.
Now let’s talk about how you can take advantage of your business currency conversions by choosing Fixer API.
Fixer API benefits for currency conversions
The biggest advantage that the Fixer API provides businesses with currency conversions is the number of currencies it supports. 170 official currencies around the world are supported by Fixer. It is one of the most important reasons why it is preferred by growing businesses, especially in the international arena. Ease of purchase and currency conversion are provided for users in different countries.
For businesses with currency trading applications, the historical data provided is also important. Especially to attract more large-scale investor users to their applications. Fixer API helps businesses increase organic traffic by providing historical data for 170 currencies. It allows users to analyze historical data before trading.
One of the most important criteria for applications that provide currency conversion services is the accuracy of the data provided. Fixer API guarantees the accuracy of the data it provides. It obtains currency data from international official financial institutions and updates the currency information it provides regularly.
Another expectation of businesses from web services that provide currency converter API is easy integration and technical support. Endpoints provided by Fixer API have been developed in a flexible and simple way to integrate very quickly. It provides data in JSON format. It also provides technical support services for problems experienced during integration or at different time, gaining the trust of businesses.
In addition, with the powerful and detailed documentation it provides, it explains many advantages of Fixer to both developers and business owners.
Web services that provide currency converter services provide many conveniences to businesses. To increase user satisfaction and directly increase the number of visitors and gain trust. If you want to benefit from these privileges in the applications of your businesses, you can visit Fixer.
Using Converting currency API in online environments is a service that makes people’s lives much easier. It is one of the greatest contributions of technological developments to human life. Going to exchange offices or banks, which is the traditional method, and buying or selling foreign currency is less preferred today.
We can buy and sell currencies through various applications from our mobile phones or computers. And with just one click and in milliseconds. Applications that help us buy and sell currencies often use currency converter APIs. With currency converter APIs, they obtain currency data and transmit it to the user.
Let’s examine what the currency converter API is in more detail.
What is currency converter API
Currency converter APIs are services that provide currency data in the most basic sense. They guarantee to provide their users with accurate and up-to-date data. They allow not only currency data but also currency conversion calculations and are flexible.
Today, there are many APIs that provide currency converter services. Among these APIs, Fixer provides the best service preferred by world-famous companies such as Kraken and Microsoft. With the API it provides, Fixer updates the data obtained from reliable financial institutions every 60 seconds and provides it to its users. The data provided by the Fixer API is highly accurate. At the same time, as many currency converter APIs provide, Fixer API can appeal to many customers by presenting historical data on currencies.
We’ll take a look at the 3 main reasons why many apps and websites use the currency converter API.
Number of supported currencies
converter APIs support multiple units. For example, Fixer API supports 170 official currencies in the world and allows instant conversion between each other. This is the main reason why businesses prefer currency converter APIs in their applications and websites. It can increase user satisfaction and gain new customers for its applications by offering a large currency pool to its users. This is one of the reasons why it is preferred especially by e-commerce applications with international users. It prefers e-commerce applications to spread to new countries around the world and to provide convenience to its users during purchasing.
Eliminating the margin of error with accurate data
Applications that do not use the currency converter API are obliged to provide the most accurate and up-to-date version of their currencies to their users. In any mistake or delay, they can cause great losses to businesses. Currency converter APIs ensure to provide applications with accurate and up-to-date data. Another important reason why it is preferred by applications is giving this responsibility to reliable currency converter APIs in the application layer.
Historical data for investors
Today, many foreign exchange trading applications also provide their users with data from previous years of currencies. Medium and large-scale investors want to analyze historical data before investing. The most effective and fastest way to provide them with historical currency data is to use currency converter APIs. Fixer API provides historical data for 170 official currencies, enabling large investors to come to applications. In this way, the transaction volumes in the applications directly increase.
There are many more reasons for using currency converter APIs. With the advantages, it provides currency converter APIs that help businesses to attract organic traffic and increase their transaction volumes. With Fixer API, you can have more than currency converter services and increase the number of visitors coming to your applications. For more about Fixer API, you can check here.
The digitalization of the world has provided innovation in many areas today. There have been developments in many areas such as brand new business lines, internationally operating businesses, employment. One of the biggest contributions of digitalization to companies has been the facilitation of their activities in the international arena.
There are many technological developments that will ease the workload of companies operating in the international arena and especially trading companies. The most important of these is the exchange rates api services, which make it very easy for these companies to open up to new country markets by both increasing customer satisfaction and minimizing the margin of error in trading. Companies can easily integrate services that provide exchange rates api services to their websites and provide a user-friendly feeling to their users during payment.
Today, there are many platforms that offer exchange rates api service, but the most popular of these platforms and the one that can offer free services is the Exchangerates api(“https://exchangeratesapi.io/”) service published under Apilayer.
Let’s take a closer look.
Exchangerates API provides exchange information of more than 200 official currencies in the world with the service it provides. It prevents any erroneous transactions from occurring by obtaining the exchange rates information it provides from official and reliable sources.
Exchangerates api updates its data periodically every 60 seconds with information obtained from reliable sources. This means that it regularly provides the most up-to-date data to its users.
It offers not only instant current data, but also historical data of the desired currency, and provides all these transactions to its users with rest api within just milliseconds.
The Exchangerates api draws attention by offering a monthly quota of 250 http requests to its users free of charge. You can visit their website for many more affordable packages with easy integration and very powerful documentation.
Although there are many platforms that offer exchange rates api service, it is among the most preferred services today with the free service provided by exchangerates api. It is also possible to use more APIs with very affordable packages.