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Global Currencies FAQ

Forex FAQs

Historical exchange rates are available each day at 00:10 AM GMT (12:10 AM London Time) for the previous day. We time-stamp each rate at 23:59:59 GMT to allow for consistent comparisons or reverse rate conversions.

Our real-time forex data is updated in true real-time as new quotes are issued by market participants. 

Our spot exchange rates come from a basket of contributors including Morningstar, SwissQuote, and Rada FX. Xignite combines multiple high-quality sources to provide high levels of liquidity, coverage, and redundancy as the rates are obtained from a broad base of trading desks in the world’s largest banks, brokers, and forex marketplaces.

Highs and lows are calculated as the highest and lowest values for the mid-rate from 00:00:00 to 23:59:59 London Time. Rates are not available from Friday 5 PM ET to 6 PM Sunday ET.

Xignite receives direct exchange rates for most currency pairs. If an exchange rate is not available for a currency pair, we calculate it by “crossing” it through a major currency.

Yes. The ConvertRealTimeValue operation of the XigniteGlobalCurrencies API converts a value from one currency to another in real time.

This is a configurable setting and you can choose if you want Bid, Ask, or Mid to be used in the output.

Allied Irish, Commerzbank, Den Norske Bank, European Central Bank, Nordea Bank, SAXO, UBS, Banca D’Italia, Banco de Espana, SA, Banco de Mexico, Bank of Canada, Bank of England, Banque de France.

Forward points = 1/10,000 of a percent