Work in agribusiness is much connected with fluctuations of currency exchange rates. The rate of hryvna is usually unstable, that is why a never-ending update in manual mode can take much time and efforts.
Ukrainian financial portal “Minfin” offers to automate collection of data with the help of API for currency exchange rates, which are updated in real-time mode. This API is realized in service Minfin for Developers.
API provides information from 5 sources:
- National Bank of Ukraine;
- Interbank rates;
- Banks;
- Currency exchange offices;
- Payment systems Visa and Mastercard.
At present there are over 30 currencies available in the services in comparison to hryvna.
API for currency exchange rates can be useful if you need to:
- Quickly make corrections for product prices for export;
- Calculate budget before wholesale purchase of foreign machinery;
- Get actual information about currency exchange rates automatically, instead of monitoring sources manually every day;
- Ease work of accountants (with documents, salary projects).
API for currency exchange rates by Minfin for Developers also helps to save time for preparation of financial reports, when planning budget in local currency or making budget for procurements.
Read more about the service of the website of Minfin for Developers.