OANDA Exchange Rates API vs Open Exchange Rates
OANDA Exchange Rates API and Open Exchange Rates are both Currency & Exchange Rate APIs, compared here on pricing, compliance, capabilities, and developer experience from structured, cited data - not reviews or paid placement. Open Exchange Rates starts lower at $12 per month vs $450 for OANDA Exchange Rates API. Open Exchange Rates offers a free tier while OANDA Exchange Rates API does not, so Open Exchange Rates is easier to trial before committing. On compliance, OANDA Exchange Rates API additionally documents SOC 2.
| Field | OANDA Exchange Rates API | Open Exchange Rates |
|---|---|---|
| Starting price | $450 month | $12 month |
| Pricing model | Subscription | Subscription |
| Free tier | ✗ | ✓ |
| Self-serve signup | ✓ | ✓ |
| SOC 2 | Type II | · |
| HIPAA | · | · |
| GDPR | ✓ | ✓ |
| Webhooks | ✗ | ✗ |
| Sandbox | ✗ | ✗ |
| Documented actions | 9 | 7 |