w3resource

Currency Exchange Rate Checker in Python


Currency Exchange Rate Checker: Develop a program that fetches and displays the latest currency exchange rates.

Input values:

User selects the currencies to compare or the base currency for which exchange rates are fetched.

Output value:

Latest currency exchange rates displayed for the selected currencies or against the base currency.

Example:

Input values:
1. Base currency: USD
- User selects USD as the base currency.
Output value:
Latest exchange rates against USD:
- EUR: 0.88
- GBP: 0.76
- JPY: 109.42
- AUD: 1.31
- CAD: 1.27
Input values:
2. Compare currencies: EUR, GBP
- User selects EUR and GBP to compare exchange rates.
Output value:
Latest exchange rates for EUR and GBP:
- EUR to USD: 1.14
- GBP to USD: 1.31
Input values:
3. Compare currencies: EUR, JPY
- User selects EUR and JPY to compare exchange rates.
Output value:
Latest exchange rates for EUR and JPY:
- EUR to USD: 1.14
- JPY to USD: 0.0091

Solution: Using requests and a Public API

Code:

# Solution 1: Using 'requests' library to fetch data from a public API

import requests  # Import the requests library to handle HTTP requests

def get_exchange_rate(base_currency, symbols):
    """
    Fetches exchange rates for the specified base currency against selected currencies.
    Args:
        base_currency (str): The currency code to use as the base.
        symbols (list): List of currency codes to compare against the base currency.
    Returns:
        dict: A dictionary with currency codes as keys and exchange rates as values.
    """
    url = f"https://api.exchangerate-api.com/v4/latest/{base_currency}"  # API URL with the base currency

    # Send GET request to the API and get JSON response
    response = requests.get(url)
    data = response.json()  # Parse the JSON data

    # Filter and return only the relevant currency symbols
    rates = {currency: data["rates"][currency] for currency in symbols if currency in data["rates"]}
    return rates

# User input for the base currency and currencies to compare
base_currency = "USD"
compare_currencies = ["EUR", "GBP", "JPY"]

# Fetch and display exchange rates
exchange_rates = get_exchange_rate(base_currency, compare_currencies)
print(f"Latest exchange rates for {base_currency}:")
for currency, rate in exchange_rates.items():
    print(f"- {currency}: {rate}")

Output:

Latest exchange rates for USD:
- EUR: 0.916
- GBP: 0.766
- JPY: 149.68

Explanation:

  • Uses the requests library to send an HTTP GET request to a free public API.
  • Extracts and displays exchange rates for the given currencies using the base currency.
  • Error handling is simpler since data is directly retrieved from JSON.


Become a Patron!

Follow us on Facebook and Twitter for latest update.

It will be nice if you may share this link in any developer community or anywhere else, from where other developers may find this content. Thanks.

https://w3resource.com/projects/python/python-project-currency-exchange-rate-checker.php