Could you elaborate on the Oanda Exchange Rates API? I'm interested in understanding what it is and how it functions. Specifically, I'd like to know if it provides real-time or historical exchange rate data, and if it's suitable for financial applications that require precise and up-to-date currency conversions. Additionally, I'd appreciate any details on its accuracy, reliability, and any limitations or restrictions it may have. Lastly, I'm curious if it's freely available or if there are any associated costs or subscription fees. Thank you for your assistance in clarifying this topic.
5 answers
Nicola
Wed Jul 17 2024
The OANDA Exchange Rates API facilitates a seamless dissemination of historical daily average exchange rates to esteemed audit firms.
ShintoBlessed
Wed Jul 17 2024
Renowned brands and an extensive network of small and medium-sized enterprises worldwide also rely on this API for their financial operations.
amelia_harrison_architect
Tue Jul 16 2024
The rates provided by the API are extensively utilized for various financial purposes, including financial reconciliation and tax and audit processes.
Caterina
Tue Jul 16 2024
Additionally, these rates power numerous digital products, apps, and pricing engines, ensuring their accuracy and relevance in the current financial market.
Dario
Tue Jul 16 2024
The integration of OANDA's Exchange Rates API has enabled its clients to streamline their financial operations, enhancing efficiency and reducing the chances of errors.