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HomeCategoriesForexKorapay Exchange Rate API

Korapay Exchange Rate API

Forex · Exchange Rates · Nigeria

Korapay Exchange Rate API provides real-time Nigerian naira (NGN) exchange rates sourced directly from Korapay a licensed Nigerian fintech company regulated by the Central Bank of Nigeria as a Payment Solution Service Provider. Because the rates are pulled from an active payment processor that handles real Nigerian FX transactions, the exchange rates reflect actual commercial rates being used for Nigerian cross-border payments, making them commercially relevant for fintech apps that want to display rates aligned with what users will actually experience when sending or receiving international payments through Nigerian channels.

Korapay Exchange Rate API Highlights

Korapay enables frictionless cross-border settlements and collections between Africa and global financial markets.

Authentication

API Key

Rate Limit

Tier dependent

Sandbox Mode
✓ Available
Webhooks
Not verified yet
Supported Regions
NigeriaNigeriaKenyaKenyaGhanaGhanaUnited KingdomUnited Kingdom
Social Media
LinkedInX
Support Email
support@korapay.com
Support Phone
+234 810 000 0000
Korapay Exchange Rate API Services
Cross-border CollectionsPayouts & DisbursementsVirtual AccountsCard Processing
Alternative African Company to
WiseStripe Cross-borderdLocal

Korapay Exchange Rate API is best for:

Nigerian fintech apps, wallets, and payment platforms needing real-time NGN exchange rates from an already-trusted Nigerian payment processor

++++
API Pricing ModelOfficial Pricing
  • Free for basic rate lookups
  • paid plans for higher volumes and commercial use through Korapay

Korapay Exchange Rate API Core Features & Capabilities

Features Included

Real-time conversionMultiple currency pairsNGN supportPayment integrationFast API

Required Access Documents for Korapay Exchange Rate API

  • Korapay API KeyRequired
    Register on the Korapay developer portal at developers.korapay.com to obtain API credentials

Different Korapay Exchange Rate API use cases

  • Multi-currency Nigerian Wallets:Nigerian fintech wallets supporting USD, GBP, EUR, and NGN balances use Korapay exchange rates to display real-time conversion values when users want to convert between currency balances
  • Cross-border Payment Display:Nigerian payment platforms processing international transfers display the current NGN exchange rate to customers before confirming transactions, using Korapay rates that align with their payment processing rates
  • E-commerce Dollar Pricing:Nigerian e-commerce platforms selling dollar-priced goods to Nigerian customers display real-time NGN equivalent prices using Korapay exchange rates, reducing customer friction from currency confusion

Korapay Exchange Rate API Alternatives

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