Software Alternatives, Accelerators & Startups

Currencyapi.com VS Currencylayer

Compare Currencyapi.com VS Currencylayer and see what are their differences

Currencyapi.com logo Currencyapi.com

Currencyapi.com is a free, reliable & feature complete currency exchange rates API. 170+ world currencies & 60 second update rate.

Currencylayer logo Currencylayer

Free and startup-friendly currency converter JSON API for real-time and historical exchange rates - reliable and accurate, supporting 168 world currencies.
  • Currencyapi.com Landing page
    Landing page //
    2023-02-08
  • Currencylayer Landing page
    Landing page //
    2022-11-27

Currencylayer provides a simple REST API with real-time and historical exchange rates for 168 world currencies, delivering currency pairs in universally usable JSON format - compatible with any of your applications.

Spot exchange rate data is retrieved from several major forex data providers in real-time, validated, processed and delivered hourly, every 10 minutes, or even within the 60-second market window.

Providing the most representative forex market value available ("midpoint" value) for every API request, the currencylayer API powers currency converters, mobile applications, financial software components and back-office systems all around the world.

Currencyapi.com features and specs

  • Comprehensive Currency Data
    Currencyapi.com provides extensive data on global currencies, covering both historical and real-time information, which is useful for businesses and developers needing detailed financial data.
  • User-Friendly API
    The API is designed to be easy to integrate and use, with clear documentation and examples, making it accessible for developers of varying skill levels.
  • Reliability
    The service is known for high uptime and reliable data delivery, ensuring that users have dependable access to currency information when they need it.
  • Scalable Solutions
    Currencyapi.com offers various pricing tiers and subscription plans, allowing users to choose a plan that suits their data needs and budget, making it suitable for both small businesses and large enterprises.

Possible disadvantages of Currencyapi.com

  • Pricing
    For smaller businesses or independent developers, the pricing might be a bit steep compared to other free or cheaper alternatives, especially if high request volumes are needed.
  • Limited Free Tier
    The free tier may have limitations on the number of requests or the types of data available, which might not be sufficient for users with more demanding requirements.
  • Feature Overlap
    Some users might find that the features offered overlap with those provided by other financial data services they already subscribe to, which could lead to redundant subscriptions.
  • Data Update Frequency
    While real-time data is available, there can be limitations on how frequently data updates occur in lower-tier plans, which might not meet the needs of users requiring up-to-the-second currency data.

Currencylayer features and specs

  • Advanced Data Coverage
    168

Currencyapi.com videos

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Currencylayer videos

CurrencyLayer | Reliable Exchange Rates & Currency Conversion for your Business

Category Popularity

0-100% (relative to Currencyapi.com and Currencylayer)
APIs
66 66%
34% 34
Currency Exchange
67 67%
33% 33
Currency Exchange API
71 71%
29% 29
Finance
71 71%
29% 29

User comments

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Social recommendations and mentions

Based on our record, Currencylayer seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Currencyapi.com mentions (0)

We have not tracked any mentions of Currencyapi.com yet. Tracking of Currencyapi.com recommendations started around May 2022.

Currencylayer mentions (3)

What are some alternatives?

When comparing Currencyapi.com and Currencylayer, you can also consider the following products

Fixer.io - Fixer provides a free, simple, and lightweight API for current and historical foreign exchange rates and currency conversion. The API tracks rates published daily by the European Central Bank.

FXRatesAPI - Your Gateway to Real-Time Exchange Rates

Freecurrencyapi.com - Freecurrencyapi.com is a free, reliable & feature-complete currency exchange rates API. 32 world currencies & daily update rates.

Open Exchange Rates - Free, hourly-updated exchange rates - a simple, accurate, open-source JSON API. Free for personal use, a bargain for everybody else.

fxAPI - fxapi.com is the premier forex API for developers and traders. With our easy-to-use platform, you can access real-time market data, analyze trends, and build custom indicators to make informed trading decisions.

BestExchangeRates - Compare FX and save when you send or spend abroad