XE Currency Data API - Overview
100+ Rate Sources
Foreign Exchange is decentralized, so there’s no single market that dictates rates. Instead, there are global financial centers made up of governments, banks, and other institutions. XE gets rates from 100+ international sources to ensure that our currency data reflects accurate global rates.
Accurate & Reliable
XE has developed a proprietary rate system called the XE Rate Blender. It continually monitors the quality of hundreds of rate contributors and the accuracy of their data. Any errors that are detected are filtered out and if any source fails, there are still 100+ other rate sources. This secures the delivery of currency rates each and every time.
Simple Installation
The XE Currency Data API is accessed through a simple API request. You can access the data in one of three standard formats: JSON, CSV, and XML. We also include an easy- to-follow Specifications Document to get you started in minutes.
Easily plugs-in
Tracking multi-currency transactions can be complicated. You can reduce the risk of error and save time by integrating the API into your current software. Microsoft Dynamics, Oracle, Sage, Deltek, and SAP are just some of the platforms that our clients use.
Multi-currency pricing
Expand your global customer base by displaying multi-currency pricing in your e-commerce platform. XE Currency Data can help remove barriers in the purchase cycle, cut sales funnel abandonment, optimize conversions, and improve sales.
Understand FX Rates
When you can measure the real cost of foreign exchange, you can make better-informed business decisions. With planning, you can mitigate FX risks, reduce costs by choosing competitive providers, and develop global strategies to increase profits.
