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CurrencyFreaks Review - 2024

We've tested CurrencyFreaks, a Free Currency Conversion and Forex Exchange Rate API

Welcome to our CurrencyFreaks review πŸ‘‹πŸ».

CurrencyFreaks is an API service providing real-time and historical currency exchange rates.

If you're a developer, I imagine you've already had to deal with currency conversion issues. It can be very complicated to manage, and if you want to do it all locally, you can quickly end up with very heavy, non-updated dependencies, or even conversion errors.

That's why CurrencyFreaks Exists, so let's dive into what makes this service stand out and whether it's worth considering for your currency conversion needs!

Pricing

CurrencyFreaks pricing

CurrencyFreaks offers 5 different plans:

  • Developer: Free forever - 1,000 API calls/month
  • Starter: $9.99/month - 15K API calls/month
  • Growth: $49.99/month - 150K API calls/month
  • Professional: $99.99/month - 550K API calls/month
  • Enterprise: Custom pricing - Volume API calls

All plans include a 30-day free trial and annual billing is available with significant discounts.

If you're just getting started or have a small project, the free plan is a great way to get started without any financial commitment 😊.

πŸ’‘ Some endpoints are only available for paid plans, such as the historical exchange rates endpoint.

Key Features

🌐 Comprehensive Currency Support

  • Real-time exchange rates for fiat currencies
  • Support for cryptocurrencies and precious metals
  • All major world currencies covered

⚑️ Performance & Reliability

  • Fast response times (average 20-40ms)
  • Geolocation-based routing
  • SSL encryption on all plans

πŸ›  Developer Experience

  • Clear, well-documented API
  • Code examples in multiple languages
  • JSON and XML response formats

Testing the tool

Once you sign up for a free account, you'll get access to your dashboard, in which you can find your API key, your API usage, your subscription if you got one, your profile, and the documentation.

CurrencyFreaks dashboard

This API key is required to make requests to the CurrencyFreaks API. Once you have it, let's see how CurrencyFreaks works 🀩!

The first step is to read the Documentation.

CurrencyFreaks documentation

It's simple, short, and easy to understand. Let's make our first request to get the currency rates or EUR and USD.

$ curl 'https://api.currencyfreaks.com/v2.0/rates/latest?apikey=YOUR_APIKEY&symbols=EUR,USD'

After 84ms only, here's the result:

{
  "date": "2024-11-19 00:00:00+00",
  "base": "USD",
  "rates": {
    "EUR": "0.94385",
    "USD": "1.0"
  }
}

The documentation provides examples for all endpoints in different programming languages, which is very helpful.

CurrencyFreaks Curl request

Conclusion

And this conclues our CurrencyFreaks review! CurrencyFreaks provides a reliable and developer-friendly solution for currency conversion needs. With its competitive pricing, comprehensive documentation and solid performance, it's an excellent choice for:

  • πŸ› E-commerce platforms requiring currency conversion
  • πŸ“Š Financial applications needing real-time rates
  • 🌍 International business applications
  • πŸ“± Mobile apps with multi-currency features

The free tier is perfect for testing and small projects, while paid plans offer the features and capacity needed for production applications.