--- title: "OANDA API Alternative: Self-Serve Exchange Rates from €4.99/mo" description: "OANDA Exchange Rates API plans start from $4,850 per year. AllRatesToday gives developers real-time mid-market rates, monthly self-serve plans from €4.99, and 121 central banks under one key." canonical: https://allratestoday.com/compare/oanda-alternative/ source: AllRatesToday (https://allratestoday.com/) — Markdown mirror of the page above; index of all pages at https://allratestoday.com/llms.txt generated: 2026-10-16T18:43:09.331Z --- # OANDA API Alternative: Self-Serve Exchange Rates from €4.99/mo OANDA Exchange Rates API plans start from $4,850 per year. AllRatesToday gives developers real-time mid-market rates, monthly self-serve plans from €4.99, and 121 central banks under one key. OANDA's Exchange Rates API is a serious institutional product: bid, ask and mid-point rates, more than 32 years of history, average rates over custom periods, and streaming over REST or FIX. It is also priced for institutions. OANDA's own page says plans **start from $4,850 per year**. If you need live mid-market rates in an app, an invoice or a dashboard, and not a treasury-grade bid/ask feed, **AllRatesToday** covers that for a fraction of the cost, with monthly billing and a key you can create in under a minute. ## At a glance | | AllRatesToday | OANDA Exchange Rates API | | --- | --- | --- | | Entry price | €4.99/mo (5,000 requests) | From $4,850/year | | Billing | Monthly or yearly, cancel from the dashboard | Annual plans, custom plans on request | | Try before you buy | Free key: 300 requests, no card | 7-day free trial | | Rate types | Mid-market | Bid, ask and mid-point | | Update cadence | Every 60 seconds on all plans | Real-time streaming; averages up to 96 fixings a day | | Currencies | 160+ fiat | 200+ currencies, commodities and metals | | Historical depth | Up to 1 year of daily market rates; central-bank archives back decades | 32+ years | | Output formats | JSON, CSV, XML, XLSX | JSON, XML, CSV | | Official central bank rates | 121 central banks + 3 tax authorities, same key | Not offered | | SDKs | JavaScript, Python, PHP, Go, Rust, React, MCP server | REST and FIX | OANDA details from oanda.com's Exchange Rates API page as of October 2026. OANDA does not publish tier-by-tier pricing beyond the starting figure. Check their site for current terms. ## When AllRatesToday is the better fit ### 1. You need mid-market rates, not a trading feed Converting a cart total, showing a price in a visitor's currency or booking an invoice in a foreign currency all use the mid-market rate. Bid/ask spreads matter if you quote or hedge FX yourself. They don't matter for display and conversion. AllRatesToday returns mid-market rates aggregated from institutional foreign exchange market data, refreshed every minute, with no retail markup applied. ### 2. Your budget is monthly, not annual procurement At OANDA's starting price, a year of data costs about as much as eight years of our 100,000-request Large plan (€49.99/mo). Our plans step from €4.99 to €9.99 to €49.99 a month, and you can change or cancel from the dashboard without a sales call. ### 3. You also need the official rate Accounting, VAT and customs rules usually name a publisher: the ECB reference rate, HMRC's monthly rate, the RBI reference rate. A market feed, OANDA's included, can't give you that. AllRatesToday serves the published tables of [121 central banks](https://allratestoday.com/central-bank-rates-api/) and [3 tax authorities](https://allratestoday.com/tax-authority-rates-api/) under each bank's own publication date, with the same key you use for live rates. ## Code example ``` # Live mid-market rate curl "https://allratestoday.com/api/v1/rates?source=USD&target=EUR,GBP" \ -H "Authorization: Bearer YOUR_API_KEY" # => [{"rate":0.888455,"source":"USD","target":"EUR","time":"2026-10-16T12:07:01+0000"}, # {"rate":0.749738,"source":"USD","target":"GBP","time":"2026-10-16T12:07:01+0000"}] # Same data as XML or a spreadsheet curl "https://allratestoday.com/api/v1/rates?source=USD&target=EUR,GBP&format=xml&api_key=YOUR_API_KEY" curl -o rates.xlsx "https://allratestoday.com/api/v1/rates?source=USD&target=EUR,GBP&format=xlsx&api_key=YOUR_API_KEY" ``` ## Honest pros and cons #### Where AllRatesToday wins - Self-serve plans from €4.99/mo, billed monthly - Free key in 30 seconds, no sales contact - Official central-bank and tax-authority rates included - JSON, CSV, XML and real XLSX output on every rate endpoint - SDKs for six languages plus an MCP server for AI agents #### Where OANDA may still suit you - You need bid and ask prices, not only mid-market - You need FIX connectivity or streaming quotes - You need more than 30 years of OANDA-branded market history - Your auditors or counterparties specifically require OANDA rates ## FAQ ### Is AllRatesToday a replacement for OANDA's average rates? For period averages, most finance teams are really after an official source. Our [central bank tables](https://allratestoday.com/central-bank-rates-api/) give you each bank's published daily rates, and you can average those over any period. If your policy specifically names OANDA averages, keep OANDA. ### How fresh are the rates? Live market rates update every 60 seconds on every plan, including the free key. ### Can I get XML like OANDA's API returns? Yes. Add `format=xml` to any rate endpoint. See [exchange rate API with XML output](https://allratestoday.com/exchange-rate-api-xml/). ## Skip the annual contract Get a free API key now. No credit card. [Get free API key](https://allratestoday.com/register/) [See pricing](https://allratestoday.com/pricing/) ## Compare with other providers [XE API alternativeXE Currency Data plans from $799/yr](https://allratestoday.com/compare/xe-api-alternative/) [Open Exchange Rates alternativeOXR comparison](https://allratestoday.com/compare/openexchangerates-alternative/) [Fixer.io alternativeFixer comparison](https://allratestoday.com/compare/fixer-alternative/) [Best exchange rate APIs in 2026The full field, ranked](https://allratestoday.com/best/best-exchange-rate-api/)