OANDA Currency Converter
Foreign exchange software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$100 per month
Free TrialFree version
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- Information technology and software
- Media and communications
- Professional services (engineering, legal, consulting, etc.)
What is OANDA Currency Converter
OANDA Currency Converter is a web-based foreign exchange rate lookup and conversion tool that provides currency conversion using OANDA rate data. It is used by finance teams, accountants, and individuals to check current and historical exchange rates for reporting, invoicing, and general FX reference. The product focuses on rate visibility and conversion rather than executing cross-border payments or managing FX hedging workflows.
Current and historical rates
The converter supports looking up exchange rates for specific dates as well as current rates, which helps with backdated accounting and reconciliation tasks. This is useful for month-end close, expense reporting, and invoice validation where the applicable rate depends on the transaction date. It serves as a reference source rather than a payments or settlement system.
Broad currency coverage
The tool supports conversions across many currency pairs, enabling quick checks for multi-currency reporting needs. This reduces the need to manually source rates from multiple places when dealing with less common currencies. It is suited to ad hoc conversion and verification use cases.
Simple, low-friction access
The converter is designed for quick, self-serve use without implementing a full treasury, payments, or ERP module. Users can perform conversions and rate lookups without building complex workflows. This makes it practical for teams that need a reference rate tool more than an operational FX platform.
Not a payments platform
The product does not function as a cross-border payments or payout solution. Organizations that need to send/receive funds, manage beneficiaries, or track payment status typically require a separate payments provider. As a result, it does not replace operational FX and settlement tooling.
Limited accounting workflow features
It does not provide native accounting controls such as approval workflows, audit trails tailored to close processes, or direct posting into general ledger systems. Teams often need to export or manually transfer rates into spreadsheets or finance systems. This can increase process overhead compared with integrated finance platforms.
Rate methodology may vary
Exchange rates can differ by provider, timestamp, and rate type (e.g., mid-market vs. executable rates), which can create mismatches with bank statements or trading records. The converter is best treated as a reference source unless an organization standardizes on OANDA rates for reporting. Users may need governance to ensure consistent rate selection across teams.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Online Currency Converter (public) | Free | Instant conversions for 200+ currencies, metals, and cryptocurrencies; access to mid-market OANDA Rates™; web tool. |
| Embeddable Currency Converter Widget | Free | "Free to use" embeddable widget for websites; provides up-to-date conversions and embed code. |
| Historical Currency Converter — Free | Free (no sign-up required) | Access up to 180 days of historical exchange rates; limited features; cannot download CSV. |
| Historical Currency Converter — Pro | $100 per month or $1,000 per year | Compare quotes for up to 10 currencies, custom frequencies (daily/weekly/monthly/quarterly/annual), ability to download historical data to CSV, access to 32+ years of historical FX data. |
| Historical Currency Converter — Pro Teams | Pro pricing with 25% discount for 5 licenses/seats | Team/seat licensing with a specified 25% discount for 5 licenses; aimed at teams. |
| Historical Currency Converter — Enterprise | Custom pricing | Enterprise-level plans/discounts available; contact OANDA sales for pricing. |
Seller details
OANDA Corporation
New York, NY, USA
1996
Private
https://www.oanda.com/
https://x.com/OANDA
https://www.linkedin.com/company/oanda/
