OANDA Exchange Rates API
Institutional-grade forex rates trusted by 500+ financial institutions
Freemium
✓ Verified
🇺🇸 United States
OANDA is a globally regulated forex broker and data provider trusted by 500+ banks and financial institutions for exchange rate compliance. The Exchange Rates API provides real-time mid-market rates, bid/ask spreads, and 25+ years of historical data for 190+ currencies. Data is sourced directly from interbank markets. Used by corporates for FX risk management, accounting systems for multicurrency reporting, and financial institutions for compliance. More expensive than consumer-grade APIs but the data quality and regulatory acceptance justify the premium.
API Details
Auth Method
API Key
Pricing Model
Freemium
Free Tier
Yes — trial available
Rate Limit
Plan-based
Format
REST / JSON / XML
Versioning
v1
SLA / Uptime
99.9%
Compliance
FCA Regulated, GDPR
Geographic Restrictions
Global (190+ currencies)
Last Verified
2026-02-20
Categories
Frequently Asked Questions
OANDA is a regulated forex broker and market maker with 25+ years of direct FX market access. Their exchange rates are derived from real interbank transactions, making them the most accurate rates available for financial applications. OANDA rates are used by multinational corporations, accounting firms (including Big Four), and financial regulators for compliance purposes.
OANDA does not have a free tier for the Exchange Rates API. Plans start at $49/month for 25 base currencies and up to 5,000 requests per month. Enterprise plans with unlimited access and SLA guarantees are available on request. The premium pricing reflects institutional-grade data quality.
OANDA Exchange Rates covers 38,000 currency pairs across 200 currencies. It includes not just spot rates but also historical rates going back to 1990 u2014 the deepest historical dataset available for forex data. Precious metals (XAU, XAG) and cryptocurrencies are also available on higher plans.
Yes u2014 this is OANDA's primary enterprise use case. OANDA rates are accepted by IFRS and GAAP auditors for currency conversion in financial statements. Many multinational corporations use OANDA specifically because their auditors accept it as a reliable source. The auditable rate history and compliance documentation make it suitable for regulated industries.