![]() Order execution speed is also faster in this broker. That is because OANDA is a broker that provides quotes with 5-digit accuracy and active price movements that follow market developments. Traders looking for brokers with accurate precision, OANDA can be an option. You can add several members to join this license. Includes all the features in the free and pro license. Multi Seat: 25% discount for 5 licenses or seats.Includes all the features in the free license plus the ability to download historical data to a CSV file, access to over 31 years of historical data, and access to exchange rates from over 50 central banks. Pro License: $75 per month or $750 per year.Access to 180 days of historical exchange rates and the ability to compare quotes for up to 10 currencies. There are three pricing options that you can choose from: Lastly, you can download the data to a CSV format for easy use.If you want to compare more than 5 quote currencies, click on the plus (+) button next to the last quote currency.Choose the time frame (daily, weekly, monthly, annually, or custom), the rate source (OANDA rates or central bank exchange rates), and your price (bid, mid, or ask).Open the Historical Exchange Rates on the platform and pick the currency base and the currency that you want to use.Here are the steps that you should follow to use Historical Currency Converter: The rate data is uploaded at 00:00 UTC every day and represents the rate for the past 24-hour period aligned to UTC midnight. OANDA rates are based on the compilation of foreign exchange rates from leading market data contributors. You can choose the data frequencies, whether it's daily, weekly, monthly, annually, or fully customized. This is extremely helpful for auditors, CPAs, or tax professionals who are looking to spot-check, analyze data, or make reports across exchange rate data. You can access authoritative data across 38,000 currency pairs dating as far back as January 1990 and compare up to 10 currencies at the same time. Users can access the basic features of the currency converter for free and no signup is required.Īnother fantastic feature offered by OANDA is the historical currency converter. OANDA has over 31 years of historical data for over 38,000 currency pairs and rates from no less than 200 currencies, commodities, and precious metals. Some brokers may manipulate the price to attract customers, but OANDA offers direct access to real-time foreign exchange rates, so the numbers are certainly accurate and reliable. The company has been around for over 20 years and it's regulated in several countries, including the US, Europe, the UK, Australia, Japan, and Canada. OANDA is a well-known broker that's well-known by major corporations, tax authorities, auditing firms, and individuals worldwide. Here are the reasons why OANDA Currency Converter is a great choice for any investor: In addition, the service is available in 9 languages, including English, French, German, Spanish, Italian, Portuguese, Russian, Chinese, and Japanese. There's also no need to sign up for anything. You can use the service at any time and for free. Partnered with Shift, OANDA's currency converter allows users to check the latest foreign exchange average for bid and ask rates, as well as convert all major currencies in the world.Īt OANDA, there are up to 212 currencies that can be used in the currency converter. OANDA is a well-known brokerage firm that offers a reliable currency converter service for its customers. On top of that, many of them are quite transparent, so customers can calculate the potential charges upfront without signing up for anything. OANDA's Currency Converter makes forex exchanges faster and cheaper because they use real-time exchange rates and don't have additional costs as banks do. Going for a money firm or broker like OANDA is the best way to make international transfers due to their Currency Converter that can check the latest foreign exchange average for bid and ask rates. The ratio exchange is not always 1:1 because rates fluctuate regularly. With online foreign currency exchange, customers can make money transfers through their choice of bank or firm, which quotes an exchange rate before processing the transaction. Are you looking for a transparent and reliable tool before exchanging some money? OANDA Currency Converter might have the perfect solution for you.
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