Today, people and businesses trade foreign exchange for many different reasons. The volume of foreign exchange transactions is increasing day by day. With the increase in the demand for foreign exchange transactions, organizations that provide foreign exchange trading services switch to digital environments and allow their users to transact with hundreds of currencies through a single application.
Exchange rates play an important role for businesses, especially those companies that import raw materials and sell products or services to other countries. For example, if a company buys raw materials from a specific country and its currency depreciates, the company can…
APIs have grown in popularity in recent years. This makes sense because they enable easy data flows and communication across different apps. They also improve user experience. In addition, APIs relieve developers from performing repetitive tasks and increase overall…
API is used to receive and transmit files in a web or a mobile application. It makes the process of interaction between users and systems easier. An API executes the user’s answers to the system and the system’s answers to the user.
An exchange rate API is a collection of databases that gathers information about international financial institutions and keeps track of various…
With rapidly evolving technology and e-commerce taking over the world, all businesses operate much higher than before. Most companies are working with international suppliers and customers. Their products and services are marketed to an audience belonging to different…
If you are working on a crypto app, and you want to retain your users, displaying the right exchange rates is very important. You don’t want to see people leaving your app due to inaccurate information. Thankfully there is a simple solution — using a reliable…
How To Access Exchange Rates And Currency Conversion With Python
September 21, 2021
As APIs, or application programming interfaces, gain traction in the development world, developers are spoiled for choice. There are literally thousands of public APIs available to choose from and they also cover a wide variety of categories — everything from SERP to currency conversion.
This is especially true in the financial industry. As the need for financial services grows, firms…
