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Convert Currency code to Currency Symbol
In today's globalized world, people often need to deal with different currencies while traveling, shopping, or conducting international business transactions. However, the exchange rate between currencies is always fluctuating, which makes it crucial to know the current exchange rate and currency symbol of the desired currency. In this blog post, we will discuss how to convert currency codes to currency symbols and how it works.
Defination
First, let's define what currency codes and currency symbols are. A currency code is a three-letter code that represents a particular currency in international transactions, such as USD for US dollars, EUR for Euros, and JPY for Japanese yen. On the other hand, a currency symbol is a graphic symbol that represents a currency, such as $ for US dollars, € for Euros, and ¥ for Japanese yen.
To convert a currency code to a currency symbol, you need to use a currency conversion API, such as Open Exchange Rates, CurrencyLayer, or Fixer. These APIs provide real-time exchange rates and currency symbols based on the currency code input.
For example, let's say you want to convert the currency code "JPY" to its currency symbol. You can make an API request to Open Exchange Rates with the following code:
javascriptcurl https://openexchangerates.org/api/latest.json?app_id=YOUR_APP_ID&symbols=JPY
Here, "YOUR_APP_ID" is your API key, which you can obtain by signing up for an account on the Open Exchange Rates website. The API will return the following response:
json{
"disclaimer": "Exchange rates provided by Open Exchange Rates",
"license": "Data collected and blended from various contributors",
"timestamp": 1646604126,
"base": "USD",
"rates": {
"JPY": 109.273
}
}
As you can see, the API response includes the JPY currency symbol, which is ¥, along with the current exchange rate of 1 USD to 109.273 JPY.
Similarly, you can convert any currency code to its currency symbol using the same API request with the corresponding currency code. For instance, if you want to convert the currency code "EUR" to its currency symbol, you can modify the API request as follows:
javascriptcurl https://openexchangerates.org/api/latest.json?app_id=YOUR_APP_ID&symbols=EUR
And the API will return the following response:
json{
"disclaimer": "Exchange rates provided by Open Exchange Rates",
"license": "Data collected and blended from various contributors",
"timestamp": 1646604126,
"base": "USD",
"rates": {
"EUR": 0.846293
}
}
Here, the currency symbol for EUR is €, and the current exchange rate is 1 USD to 0.846293 EUR.
In conclusion,
converting currency codes to currency symbols is a straightforward process that requires the use of a currency conversion API. These APIs provide real-time exchange rates and currency symbols based on the currency code input. By converting currency codes to currency symbols, you can stay up-to-date with the latest exchange rates and make accurate international transactions without any confusion.