What is Currency Data? Best Providers & Feeds 2024
What is Currency Data?
Currency data is information related to the exchange rates of different currencies across the world. It includes data on the value of one currency in relation to another currency and is used for a variety of purposes, including financial analysis, trading, risk management, and investment decisions.
Examples of Currency Data include exchange rates, historical currency rates, currency conversion rates, and currency volatility indexes. Currency Data is used for financial analysis, international trade, investment decisions, risk management, and currency conversion calculations. In this page, you’ll find the best data sources for currency data.
Best Currency Data Databases & Datasets
Here is Datarade's curated selection of top Currency Data. These trusted databases and datasets offer high-quality, up-to-date information.
InfoTrie Currency Data - FOREX Data and Cryptocurrency Market Data Globally
EDI Foreign Exchange Rates FX (Forex) | Currency Data | Daily, Hourly, or by the Minute Updates | Data for 175 currencies | 20 Years History
Tick Historical Forex Data (ÂŁ240 a year per currency pair)
FinPricing Cross Currency Basis Curve Data - USA, UK, Europe, Mexico, Japan, South Korea
Opah Labs | Cryptocurrency Data | Global | (Weekly Updated w/ 2B records | Consumer Data) | 4116
EDI FX Option Volatility Data for Valuations, Portfolio Analytics and Risk Management | 30 Currencies and 2 Commodities | Forex Data | Daily Updates
Kaiko Spot Exchange Rates facility - real-time user defined reference rates
OHLC Minute Historical Forex Data (ÂŁ120 a year per currency pair)
Finage Real-Time & Historical Cryptocurrency Market Feed - Global Cryptocurrency Data
Brain Sentiment Indicator - Currencies, Cryptocurrencies and Commodities
Popular Use Cases
Currency Data plays a pivotal role in various business applications, offering valuable insights and opportunities across industries.
Frequently Asked Questions
What is Currency Data?
Currency data is information related to the exchange rates of different currencies across the world. It includes data on the value of one currency in relation to another currency and is used for a variety of purposes, including financial analysis, trading, risk management, and investment decisions.
How is Currency Data collected?
Currency data is collected through a variety of sources, including central banks, financial institutions, and currency exchange companies. It can be gathered through manual data entry, web scraping, or through the use of APIs provided by data providers.
What is Currency Data used for?
Currency data is used for a variety of purposes, including financial analysis, trading, risk management, and investment decisions. It is also used by companies involved in international trade and commerce to calculate prices and manage foreign currency risk.
What’s a quality checklist for Currency Data?
A quality checklist for currency data includes factors such as accuracy, reliability, timeliness, completeness, and consistency. It is important to ensure that the data is sourced from reputable providers and that it is updated frequently to reflect changes in exchange rates.
How is Currency Data priced?
Currency data is typically priced based on the frequency of updates, the level of detail provided, and the volume of data required. Pricing models can include subscription-based services, pay-as-you-go options, or customized pricing packages. The pricing model chosen will depend on the specific needs and budget of the organization.