Software Alternatives, Accelerators & Startups

exchangeratesapi.io VS Heroku

Compare exchangeratesapi.io VS Heroku and see what are their differences

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exchangeratesapi.io logo exchangeratesapi.io

Foreign exchange rates API with currency conversion.

Heroku logo Heroku

Agile deployment platform for Ruby, Node.js, Clojure, Java, Python, and Scala. Setup takes only minutes and deploys are instant through git. Leave tedious server maintenance to Heroku and focus on your code.
  • exchangeratesapi.io Landing page
    Landing page //
    2023-07-02
  • Heroku Landing page
    Landing page //
    2023-10-05

exchangeratesapi.io features and specs

  • Free Tier
    Provides a free tier that allows users to access basic currency exchange rate functionalities, which is beneficial for individuals or businesses with limited requirements.
  • Comprehensive Currency Support
    Supports a wide range of currencies, enabling users to access exchange rates for most, if not all, of the currencies they might need.
  • Historical Data Access
    Offers access to historical exchange rates, which can be useful for analysis and comparison over time.
  • API Documentation
    Provides detailed API documentation, making it easier for developers to integrate and use the service effectively.
  • HTTPS Secure Connection
    Ensures data encryption and secure data transmission with HTTPS, protecting users' data from potential cyber threats.

Possible disadvantages of exchangeratesapi.io

  • Limitations on Free Tier
    The free tier may have limitations on the number of API requests or the accessibility of certain features.
  • Potential Downtime
    As with many web-based services, there may be periods of downtime or slower response times, which can affect data retrieval.
  • Access to Premium Features
    Some advanced features may only be available to paying users, which could require an upgrade to a premium plan for full functionality.
  • Data Accuracy
    While generally reliable, there can be discrepancies in exchange rate data, and critical financial decisions should be validated with multiple sources.
  • Dependency on Third-Party Service
    Reliance on a third-party service for exchange rates can pose a risk if the service experiences issues or policy changes.

Heroku features and specs

  • Ease of Use
    Heroku offers an extremely user-friendly interface and a high level of abstraction, making it easy for developers to deploy, manage, and scale applications without worrying about the underlying infrastructure.
  • Quick Deployment
    One of Heroku’s strongest points is the ability to deploy applications quickly using Git. Developers can push their code to Heroku with a simple command, streamlining the entire process.
  • Scalability
    Heroku provides effortless scaling options by allowing developers to add more dynos (containers) with a single command to handle increased traffic and workload.
  • Add-Ons Ecosystem
    Heroku offers a rich ecosystem of add-ons, such as databases, caching, monitoring, and more, which can be easily integrated into applications to extend their functionality.
  • Automatic Updates
    Heroku automatically handles operating system and server updates, allowing developers to focus solely on their application code rather than maintenance tasks.
  • Free Tier
    Heroku offers a free tier with sufficient resources to host small projects and learn the platform without incurring costs, making it accessible for beginners and small-scale applications.

Possible disadvantages of Heroku

  • Cost
    While Heroku offers a free tier, the costs can quickly add up for larger applications and professional use. Paid plans and additional dynos or add-ons can become expensive.
  • Performance
    Heroku’s performance can sometimes be suboptimal compared to other cloud providers, particularly when running high-performance or resource-intensive applications.
  • Limited Control
    Heroku abstracts away a lot of infrastructure management, which can be a downside for developers who need fine-grained control over their environments and configurations.
  • Dyno Sleeping
    Applications running on Heroku’s free tier experience 'dyno sleeping,' where the application goes to sleep after 30 minutes of inactivity, causing a delay when it wakes up after receiving a new request.
  • Vendor Lock-In
    Relying heavily on Heroku’s ecosystem and platform-specific features can lead to vendor lock-in, making it challenging to migrate to another platform if needed.
  • Add-On Costs
    The costs for add-ons can also become significant, as many useful features and integrations require paid add-ons, increasing the overall expense.

Analysis of Heroku

Overall verdict

  • Heroku is a solid choice for developers seeking a straightforward, cloud-based solution for deploying and managing applications. However, it may not be the most cost-effective option for large-scale or data-intensive applications.

Why this product is good

  • Heroku is a popular platform as a service (PaaS) due to its ease of use, fast deployment process, and robust support for multiple programming languages. It allows developers to focus on building applications without worrying about the underlying infrastructure. Heroku offers scaling capabilities, a wide variety of add-ons, and a strong developer community.

Recommended for

    Heroku is recommended for startups, small to medium-sized applications, hobby projects, and developers who value ease of use and quick deployment cycles. It is particularly suited for those who are developing web applications in languages such as Ruby, Node.js, Python, and others supported by the platform.

exchangeratesapi.io videos

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Heroku videos

What is Heroku | Ask a Dev Episode 14

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Category Popularity

0-100% (relative to exchangeratesapi.io and Heroku)
Currency Exchange
100 100%
0% 0
Cloud Computing
0 0%
100% 100
APIs
100 100%
0% 0
Cloud Hosting
0 0%
100% 100

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Reviews

These are some of the external sources and on-site user reviews we've used to compare exchangeratesapi.io and Heroku

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Heroku Reviews

  1. mark-mercer
    Useful Cloud Platform

    Great service to build, run and manage applications entirely in the cloud!

    🏁 Competitors: Amazon AWS, Dokku on Digital Ocean, Firebase
    👍 Pros:    Easy user interface|Good customer service|Multi-language cloud application platform
    👎 Cons:    Limitation with some addons|Low network performance
  2. jamestelford
    · Full Stack Developer at OutDev ·
    🏁 Competitors: Docker, Amazon AWS
    👍 Pros:    Powerful development environments|Great value for the money|Great customer support|Paas

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Social recommendations and mentions

Based on our record, Heroku should be more popular than exchangeratesapi.io. It has been mentiond 73 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.

exchangeratesapi.io mentions (19)

  • 10 realtime data sources you won't believe are free!
    Exchange Rate: Their REST API interface delivers currency exchange rate data for hundreds of currencies, allowing up to 1,000 monthly requests for free. - Source: dev.to / over 1 year ago
  • Show HN: Traveler's currency conversion based on location (iOS)
    - Currency: I use a free tier to hourly 'cache' on the repo, latest rates based on https://exchangeratesapi.io [2] (for basic traveler's currency I find this a reasonable balance) - The landing page website [3] is made with SvelteKit, Tailwind and uses Cloudflare Pages. - I hope getting an Android app also, but still confused about the best stack. (CapacitorJS, Kotlin) [1] - Source: Hacker News / over 1 year ago
  • Why my favourite API is a zipfile on the European Central Bank's website
    Here's an API built on top of this data that allows for more fine tuned queries. https://exchangeratesapi.io/ https://github.com/exchangeratesapi/exchangeratesapi. - Source: Hacker News / over 1 year ago
  • How to deal with international customer currencies in stripe integration
    Also, you can do conversion outside of Stripe using an external API, e.g. fixer.io, exchangeratesapi.io etc. Source: over 2 years ago
  • 10 beginner-friendly JavaScript projects
    For this project, you can use one of these two web services: https://fixer.io/, https://exchangeratesapi.io/. These services are generally paid, but both have a free tier that you can use. - Source: dev.to / over 2 years ago
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Heroku mentions (73)

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What are some alternatives?

When comparing exchangeratesapi.io and Heroku, 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.

DigitalOcean - Simplifying cloud hosting. Deploy an SSD cloud server in 55 seconds.

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

Linode - We make it simple to develop, deploy, and scale cloud infrastructure at the best price-to-performance ratio in the market.

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

Amazon AWS - Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services. Free to join, pay only for what you use.