Skip to main content

FX Rate (Currency History)

Table of Contents

Description

Financial meaning

FX Rate, or exchange rate, is the price of one currency (base currency) in terms of another currency (quote currency). 

Platform abstraction

FX Rate in Finmars (a.k.a. Currency history) is an entity which evaluates a currency (base currency) in system default currency (quote currency, USD by default) on a specific date for specific pricing policy. By default, system currency is set to USD, it can be changed in default settings, but it's not recommended due to some modules may depend on system default currency set as USD. 

Examples

Currency Date Fx rate Pricing policy Modified Date And Time
BTC 2024-06-20 64854.3000 Standard 2024-06-27 19:00:31
  1. BTC - Base currency
  2. 64854.3000 - is BTC/USD FX Rate (quote currency is the default currency USD)
  3. Standard - is the name of the pricing policy
  4. 2024-06-27 19:00:31 - modified at datetime

image.png

Cookbook

CRUD

Operations within platform.

Use Cases

What for it's used.

F.A.Q.

API documentation