Why Exchange Rate Data Matters
Access to consistent and accurate exchange rates is critical for trading platforms, payment processors, fintech applications, and analytics systems. Whether you're supporting crypto-fiat conversions, cross-border payments, or historical auditing, reliable data is essential for precision, compliance, and performance.
This guide covers how the Currencies API delivers both real-time and historical FX data — along with how to use it across various applications.
What Are Exchange Rates?
Exchange rates define the value of one currency relative to another. This applies to:
- Crypto-to-crypto pairs (e.g., ETH/BTC)
- Crypto-to-fiat pairs (e.g., BTC/USD)
- Fiat-to-fiat pairs (e.g., EUR/JPY)
Rates are influenced by trading volume, market depth, exchange-specific pricing models, regulations, and market behavior.
Why Rates Differ Between Platforms
Exchange rate discrepancies occur due to:
- Differing order book liquidity across exchanges
- Fee structures and spreads applied by platforms
- Geographic and regulatory constraints
- Timing differences and data quality
- Arbitrage behavior and user demand
A unified API that aggregates and normalizes data helps maintain consistency across use cases.
Common Use Cases for Exchange Rate Data
Currencies API supports a wide range of real-world applications across multiple industries:
- Remittance Services: Deliver accurate real-time FX rates for money transfers. Use historical data for audits, dispute resolution, and regulatory reporting.
- Travel & Hospitality: Convert booking prices in real time at checkout. Use timestamped historical rates for refunds, reconciliations, and multi-currency reporting.
- E-commerce & Marketplaces: Display prices in local currencies based on current FX rates. Automate currency conversion for global product catalogs and billing systems.
- Trading & Investment Platforms: Feed real-time rates into trading UIs, backtesting tools, and portfolio trackers. Support both fiat and crypto markets.
- DeFi & Web3: Integrate live FX rates into smart contracts, on-chain oracles, and liquidity management tools.
- Financial Services & Banking: Support multi-currency wallets, payment processing, and compliance tools with accurate and auditable exchange rates.
Real-Time and Historical Data
Real-Time Exchange Rates
- 100ms update intervals
- Bid, ask, mid-market, and VWAP pricing
- Streaming support via WebSocket and FIX
- Delivered via REST, WebSocket, and JSON-RPC
- Suitable for pricing engines, trading interfaces, and conversions at checkout
Historical Exchange Rates
- Time series data with granularity from 1 second to 1 day
- OHLC format and VWAP available
- 14+ years of data
- Supports auditing, backtesting, and reconciliation workflows
- Delivered via REST API with flexible parameters
Developer Best Practices
When working with exchange rate data:
- Timestamp validation: Always use the latest rates for live operations
- Error handling: Implement fallback logic in case of downtime or latency
- Rate limits: Throttle requests to match your plan
- Data verification: Ensure pricing accuracy before using in financial workflows
Example Queries
Get a Specific Exchange Rate
Get All Current Rates for a Base Asset
Get Historical Time Series Data
Start Using Exchange Rate Data
The Currencies API provides unified access to both live and historical exchange rate data — with low latency, full auditability, and support for crypto and fiat pairs.
Explore the docs or get an API key to begin integrating accurate FX data into your system.













