Currencylayer vs ExchangeRate-API

Compare Currencylayer and ExchangeRate-API for currency and forex data, free-tier limits, update frequency, and pricing.

Checked 24 July 2026

At a glance

FeatureCurrencylayerExchangeRate-APIexchangerate.dev
Free tier100 API calls/month, daily updates.1,500 requests/month, updates once per day.5,000 calls/mo
Cheapest paid planBasic plan, $14.99/month, for 10,000 calls/month with hourly updates.Pro plan, $10/month ($100/year with the annual discount), for 30,000 requests/month with updates every 60 minutes.Basic, $19/month
Update frequencyDaily on Free; hourly on Basic; every 10 minutes on Enterprise ($59.99/mo); every 60 seconds on Enterprise+ ($99.99/mo).Once daily on Free; every 60 minutes on Pro ($10/mo); every 5 minutes on Business ($30/mo).144 currencies ~60s; Free 15m late
Data sourceFinancial data partners and central bank reference rates, per currencylayer's own documentation.Aggregated published sources, per ExchangeRate-API's own documentation.
Per-value source + market_session
MCP server for AI agents

Currencylayer and ExchangeRate-API facts are from their own product and pricing pages.

Frequently asked questions

Is Currencylayer or ExchangeRate-API free to start?

Currencylayer: 100 API calls/month, daily updates. ExchangeRate-API: 1,500 requests/month, updates once per day.

Which updates more often, Currencylayer or ExchangeRate-API?

Currencylayer updates daily on Free; hourly on Basic; every 10 minutes on Enterprise ($59.99/mo); every 60 seconds on Enterprise+ ($99.99/mo). ExchangeRate-API updates once daily on Free; every 60 minutes on Pro ($10/mo); every 5 minutes on Business ($30/mo). Compare the specific plan you'd actually pay for, not just the headline tier, both vendors gate faster updates behind higher plans.

Does Currencylayer or ExchangeRate-API support MCP for AI agents?

Neither currently does. No MCP (Model Context Protocol) integration is listed on currencylayer's product pages. No MCP integration is listed on ExchangeRate-API's site.

Which is cheaper once you outgrow the free tier?

Currencylayer's cheapest paid plan is basic plan, $14.99/month, for 10,000 calls/month with hourly updates. ExchangeRate-API's cheapest paid plan is pro plan, $10/month ($100/year with the annual discount), for 30,000 requests/month with updates every 60 minutes. Compare against your actual monthly call volume, not just the sticker price, overage and rate-limit behavior varies by plan.

Start with a free API key

5,000 requests a month on the free plan. No credit card.

Get a free key