Compare/OANDA vs exchangerate.dev

OANDA vs exchangerate.dev

For programmatic, intraday-fresh FX rates with per-value provenance and MCP-native access, exchangerate.dev is the stronger default. Keep OANDA if you need its business-data catalog or 3–5 second spot updates on an eligible plan.

Last reviewed September 2026 · we update this page when either product ships material changes.
exchangerate.devBest for builders
A programmatic FX rate API. Major currency pairs refresh intraday (~60s on trading days) — most others too, every value labelled with its source and market_session, MCP on every plan.
From $0 · free tier, 10,000 calls/mo, no card
Get API key
OANDABusiness FX data
Paid exchange-rate API plans with daily averages and 3–5 second spot data on eligible tiers. There is a seven-day trial, but no permanent free tier.
From $450/mo or $4,850/yr · 7-day trial
See the full comparison below

Feature by feature

Capabilityexchangerate.devOANDA
Free-tier limit10,000 calls/mo7-day trial only
Intraday refresh (majors + most pairs)✓ ~60s on trading days✓ 3–5s on eligible plans
Per-value source + market_session✓ Yes✗ No
MCP server (every plan, incl. free)✓ Yes✗ No
Historical daily series✓ to 1999✓ plan-dependent
No credit card to start✓ Yes✗ No
Frankfurter-compatible parameters✓ Yes✗ No

Where exchangerate.dev wins

If your rates flow into code — payments, dashboards, backtests — exchangerate.dev fits how you already work. Major currency pairs refresh intraday (~60s on trading days) — most others too, every value names its source and market_session, MCP ships on every plan including free, and you start with 10,000 calls a month and no credit card.

Where OANDA leads

OANDA leads when a treasury or finance team needs its broader business-data catalog or 3–5 second spot updates on an eligible plan. exchangerate.dev is the lower-cost self-serve option: an anonymous first call, a permanent free tier, source + market_session on every response, and MCP on every plan.

Verdict

Choose exchangerate.dev when intraday freshness, per-value provenance, MCP-native access, and free-tier headroom matter. Keep OANDA if you need its business-data catalog or 3–5 second spot updates on an eligible plan. Both speak REST JSON over HTTPS, and exchangerate.dev accepts Frankfurter-compatible parameters — so trying it is low-risk.

Related comparisons

CompareFrankfurter vs exchangerate.devRead CompareFixer vs exchangerate.devRead CompareOpen Exchange Rates vs exchangerate.devRead
EUR/USD+0.11%
Euro / US Dollar1.16270
GBP/USD+0.00%
Sterling / US Dollar1.35461
USD/JPY-0.15%
US Dollar / Japanese Yen154.06

Rates are from the free tier, updated intraday on trading days. Indicative only, not for settlement or regulated trading.

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Live RatesEUR/USDGBP/USDUSD/JPY