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Fixer was originally a simple, lightweight open source API for current and historical foreign exchange rates released by the European Central Bank. After six years of continuous growth, fixer API was taken over by apilayer and added to its powerful API suite which is used by millions of developers and companies all over the world. During this conversion process, it was completely rebuilt and greatly expanded in terms of data richness, exchange rate data accuracy and functionality. The fixer API can transmit real-time foreign exchange data with an accuracy of 6 decimal points and a frequency of up to 60 seconds through the API. Fixer is built on a powerful back-end infrastructure to allow high availability and response times of less than 50ms for specific API requests.
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