Software Alternatives & Startups

FXRatesAPI VS Exchange-RateAPI

Compare FXRatesAPI VS Exchange-RateAPI and see what are their differences

FXRatesAPI

Your Gateway to Real-Time Exchange Rates

Rating
0 reviews
Pricing
Freemium $10 / Monthly
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.

Rating
0 reviews
Pricing
Freemium Free trial €4.99 / Monthly

Which is more popular?

Based on our record, FXRatesAPI seems to be more popular. It has been mentioned 1 time since March 2021.

social mentions
1 vs 0
APIs popularity
66% vs 34%
alternatives listed
24 vs 15

Base details

Website, pricing, platforms and company facts side by side.

FXRatesAPI
Exchange-RateAPI
Website fxratesapi.com exchange-rateapi.com
Pricing
Freemium $10 / Monthly Official pricing
Freemium Free trial €4.99 / Monthly Official pricing
Company Startup from Austria Startup from the United Kingdom · 2025
Listed in

About FXRatesAPI and Exchange-RateAPI

In their own words, as submitted to SaaSHub.

FXRatesAPI
Exchange-RateAPI

FXRatesAPI provides seamless access to real-time and historical exchange rate data. Designed for developers and businesses, our API ensures accurate and up-to-date currency information, empowering you to make informed financial decisions with ease. Integrate effortlessly and stay ahead in the...

Read more about FXRatesAPI

## 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...

Read more about Exchange-RateAPI

Features and specs

What each product offers, as listed by its team.

FXRatesAPI 0 features
Exchange-RateAPI 5 features

No features have been listed yet.

  • Simple Integration
    The API is designed with a straightforward REST structure, making it easy for developers to integrate exchange rate data into their applications with minimal setup time.
  • Wide Currency Coverage
    Supports a large number of world currencies, allowing businesses and developers to build applications that require global currency conversion capabilities.
  • Affordable Pricing Tiers
    Offers multiple pricing plans including a free tier, making it accessible for small projects, startups, and individual developers who need basic exchange rate functionality without high costs.
  • Regular Rate Updates
    Provides frequently updated exchange rate data, which helps ensure that applications relying on this API display current and relevant currency conversion information.
  • JSON Response Format
    Returns data in JSON format, which is widely supported and easy to parse across different programming languages and frameworks.

Possible disadvantages

  • Limited Historical Data
    Access to historical exchange rate data may be restricted or limited depending on the subscription tier, which can be a drawback for applications requiring extensive historical analysis.
  • Rate Limits on Free Tier
    The free plan typically comes with strict rate limits on API calls, which may not be sufficient for applications with high traffic or frequent conversion requests.
  • Fewer Third-Party Integrations
    Compared to more established exchange rate APIs, this service may have fewer pre-built libraries, SDKs, or plugins for various programming languages and platforms.
  • Limited Brand Recognition
    As a newer or less prominent player in the exchange rate API market, it may lack the extensive user community, documentation depth, and third-party reviews found with more established competitors.
  • Potential Reliability Concerns
    Smaller or newer API providers may have less proven uptime and reliability track records compared to larger, more established financial data providers, which could be a concern for mission-critical applications.

Analysis

An editorial look at what each product does well and who it suits.

FXRatesAPI
Exchange-RateAPI

No analysis of FXRatesAPI yet.

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

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
FXRatesAPI
Exchange-RateAPI
66% 66%
34% 34%
63% 63%
37% 37%
100% 100%
0% 0%
0% 0%
100% 100%

Questions & Answers

As answered by people managing FXRatesAPI 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 FXRatesAPI and Exchange-RateAPI. For example, how are they different and which one is better?

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

FXRatesAPI 1 mention
Exchange-RateAPI 0 mentions
  • Some tips for making a ruby gem
    I recently built a gem, https://github.com/kevinluo201/fx_rates, which is an API wrapper for a good exchange rate service, https://fxratesapi.com/. Anyway, what that gem does is not the point here. I simply want to share my experience of... - Source: dev.to / over 1 year ago

Tracking Exchange-RateAPI since Jun 2026.

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