Software Alternatives & Startups
Register | Login

Currencyapi.com VS Exchange-RateAPI

Compare Currencyapi.com VS Exchange-RateAPI and see what are their differences

HasData
HasData is a top web scraping platform for developers and enterprises. It delivers structured, real-time data from the web using scalable APIs and no-code tools, removing the need to manage proxies, browsers, or anti-bot systems. sponsored
Contents:
  1. » Base Details
  2. » Reviews
  3. » Alternatives

Currencyapi.com logo Currencyapi.com

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

Exchange-RateAPI logo Exchange-RateAPI

Free exchange rate API with real-time mid-market rates for 160+ currencies. Official SDKs for JavaScript, Python, PHP. Sourced from Reuters. Start free.
  • Currencyapi.com Landing page
    Landing page //
    2023-02-08
  • Exchange-RateAPI
    Image date //
    2026-06-09

## Exchange Rate API — Real-Time Currency Data for Developers

Exchange-RateAPI is a developer-first currency API delivering real-time, mid-market exchange rates for 160+ currencies. Rates are sourced from Reuters and interbank feeds and updated continuously — accurate, unbiased pricing with no retail markup.

### Key features - Real-time rates for 160+ currencies, any base currency - Historical data with flexible date ranges - Currency conversion in a single request - Official SDKs for JavaScript/TypeScript, Python, and PHP - Low latency via Cloudflare's global edge network - Simple integration — bearer-token auth, CORS support, clean JSON responses

### Built for Fintech apps, SaaS platforms, e-commerce, invoicing, accounting, travel/booking, and any global app needing reliable FX data.

### Pricing A perpetual free tier lets you start with no credit card. Paid plans scale from €4.99/month (5,000 requests) to high-volume tiers (100,000+ requests), monthly or yearly (save ~17% annually).

Get your API key at exchange-rateapi.com.

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.

Exchange-RateAPI features and specs

No features have been listed yet.

Analysis of Exchange-RateAPI

Overall verdict

  • Exchange-RateAPI appears to be a lightweight, budget-friendly currency conversion API suitable for basic exchange rate needs, though it lacks the extensive track record and advanced features of more established providers like Open Exchange Rates or XE.

Why this product is good

  • Offers straightforward REST API access to currency exchange rates
  • Generally simple integration with minimal setup required
  • Pricing tends to be competitive for basic use cases
  • Supports common currency pairs needed for most standard applications

Recommended for

  • Small projects or startups needing basic currency conversion
  • Developers testing or prototyping applications requiring exchange rate data
  • Low-volume applications where cost is a primary concern
  • Simple e-commerce sites needing occasional rate lookups rather than real-time high-frequency data

Category Popularity

0-100% (relative to Currencyapi.com and Exchange-RateAPI)

Currencyapi.com

Exchange-RateAPI

APIs
90 90%
APIs
10% 10
Currency Exchange API
87 87%
Currency Exchange API
13% 13
Currency Exchange
100 100%
Currency Exchange
0% 0
Currency Converter
0 0%
Currency Converter
100% 100

Questions & Answers

As answered by people managing Currencyapi.com and Exchange-RateAPI.

What makes your product unique?

Exchange-RateAPI's answer:

Exchange-RateAPI fetches live mid-market rates on every request rather than serving a once-a-day snapshot, so you always get current pricing. Rates come from Reuters and interbank feeds, cover 160+ currencies with any base currency, and are delivered with very low latency from Cloudflare's global edge network. It pairs institutional-grade data with a developer-friendly REST API, official SDKs, and a genuinely usable free tier.

Why should a person choose your product over its competitors?

Exchange-RateAPI's answer:

Many currency APIs update only once or twice a day, lock real-time data behind expensive tiers, or are awkward to integrate. Exchange-RateAPI gives real-time mid-market rates (no retail markup), simple bearer-token auth, CORS support, and clean JSON responses, plus official SDKs for JavaScript/TypeScript, Python, and PHP. Pricing is transparent and affordable — a perpetual free tier with no credit card, and paid plans from €4.99/month — backed by low-latency edge delivery.

How would you describe the primary audience of your product?

Exchange-RateAPI's answer:

Developers and product teams who need reliable foreign-exchange data: fintech and payment apps, SaaS platforms, e-commerce checkout and pricing, invoicing and accounting tools, travel and booking products, and any global application that displays prices or converts currencies. It suits both solo developers starting on the free tier and businesses scaling to high request volumes.

What's the story behind your product?

Exchange-RateAPI's answer:

Exchange-RateAPI was built by developers frustrated with exchange-rate APIs that refreshed only once a day, charged heavily for real-time access, or were awkward to integrate. By building on modern edge infrastructure, the team set out to offer accurate, real-time mid-market rates that are fast, simple to integrate, and affordable enough to start for free — making institutional-grade FX data accessible to any developer.

Which are the primary technologies used for building your product?

Exchange-RateAPI's answer:

Exchange-RateAPI runs on Cloudflare Workers (serverless edge compute) with Workers KV for storage, written in TypeScript. It exposes a REST/JSON API with official SDKs for JavaScript/TypeScript, Python, and PHP. Exchange-rate data is sourced from Reuters and interbank feeds. Billing is handled via Stripe and transactional email via Resend.

User comments

Share your experience with using Currencyapi.com and Exchange-RateAPI. For example, how are they different and which one is better?
Log in or Post with

What are some alternatives?

When comparing Currencyapi.com and Exchange-RateAPI, 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.

Exchangeratesapi.io - Simple API for Global Currency Exchange Rates

ExchangeRate-API - An easy to use, free & reliable Exchange Rate API trusted by tens of thousands of developers since 2010!

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

BankExchange - Exchange rates JSON API, for historical exchange rates from 53 central banks from around the world...

Currencylayer - Free and startup-friendly currency converter JSON API for real-time and historical exchange rates - reliable and accurate, supporting 168 world currencies.

Loading...