currencylayer Review, Pricing & Features

Currencylayer delivers real-time and historical exchange rates for 168 currencies via REST API. Compare 2026 pricing plans, features, pros and cons.

Category
Finance
Pricing
Freemium subscription with tiered monthly request limits and update-frequency gating, from Free plan available; paid plans start at 13.99 USD per month
Verified
Not yet
Last updated
July 19, 2026
Founded
2015
Headquarters
Vienna, Austria

What is Currencylayer

Currencylayer is a REST API delivering real-time and historical foreign exchange rate data for 168 world currencies plus select precious metals. It is one of the original products offered by apilayer, an Austrian API marketplace company, and has been operating since 2015.

The API returns data in JSON format designed to be compatible with any modern application stack, and it is commonly used as a drop-in data source for currency conversion features in commercial software.

Ownership and company background

Currencylayer was founded by Julian and Paul Zehetmayr as part of apilayer, headquartered in Vienna, Austria. In January 2021, apilayer was acquired by Idera, Inc., a company that owns a broad portfolio of developer and database tooling brands.

This means Currencylayer is no longer an independent startup product but rather a business unit inside a larger software holding group, which can offer buyers more stability but also means product direction is set at the portfolio level.

How Currencylayer pricing tiers work

Currencylayer pricing scales along two axes: monthly request volume and rate refresh frequency. The free plan is limited to daily-updated rates, while paid tiers unlock progressively faster refresh windows down to 60 seconds on the top Business Plus plan.

Annual billing offers a discount of roughly 10 to 15 percent depending on the tier, which can meaningfully reduce cost for teams with predictable, ongoing usage.

Key Features

Pros & Cons

Pros

  • Long track record dating back to 2015
  • Backed by an established company (apilayer, owned by Idera)
  • Broad historical data window of roughly 19 years
  • Clear, published tiered pricing with annual discounts
  • Also available through the RapidAPI marketplace for flexible purchasing
  • Reliable multi-source data validation process

Cons

  • Higher price per request tier than some newer competitors
  • Free plan only refreshes once per day
  • Real-time 60-second updates require the most expensive Business Plus tier
  • Currency coverage (168) is narrower than some crypto-inclusive competitors
  • Product direction is controlled by a larger holding company rather than an independent team

Pricing

Frequently Asked Questions

What is Currencylayer used for

It is used by developers to retrieve real-time and historical currency exchange rates for use in commercial and internal software applications.

Who owns Currencylayer

Currencylayer is a product of apilayer, which was acquired by Idera, Inc. in January 2021.

How much does Currencylayer cost

Paid plans start at 13.99 USD per month for the Basic plan, with Professional at 52.99 USD per month and Business Plus at 84.99 USD per month.

Does Currencylayer have a free tier

Yes, it offers a free plan with daily rate updates for evaluation and light usage.

How many currencies does Currencylayer support

It supports 168 world currencies plus precious metals.

How often are Currencylayer exchange rates updated

Update frequency depends on plan: daily on the free plan, hourly on Basic, every 10 minutes on Professional, and every 60 seconds on Business Plus.

How far back does Currencylayer historical data go

The API provides historical exchange rate data reaching back roughly 19 years, to 1999.

Is Currencylayer available on RapidAPI

Yes, Currencylayer is also distributed through the RapidAPI marketplace as an alternative access point.

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