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Welcome to Datagrid
Welcome to Datagrid
Exchange

Exchange

The Exchange Rates connector allows you to seamlessly pull data from the Exchange Rates API into Datagrid. This integration enables you to leverage Datagrid's powerful data analysis and visualization tools with your exchange rate data, providing enhanced insights and reporting capabilities for financial analysis, currency conversion tracking, and more.

1. How-to

1. Prerequisites

To configure the Exchange Rates connector, follow these steps:

2. Connect

Creating a dataset from the Exchange Rates connector involves selecting the specific data you want to import via the Exchange Rates API:

  1. Connect Exchange Rates App: a. Click on the "+ Create” Button on the top left of the screen. b. Select the "Connect Apps" item. c. Search for the Exchange Rates connector from the list. d. Enter your API key when prompted. e. Click on the “Next” button.
  2. Pick your Data: a. Pick the Exchange Rates data you want to include in your dataset (e.g., Latest Rates, Historical Rates). b. Click the “Start First Import” Button to start syncing your Exchange Rates dataset.

3. Set Up a Schedule

Scheduling regular data pulls ensures your Datagrid datasets remain up-to-date with the latest information from Exchange Rates:

  1. Navigate to Exchange Rates Dataset: a. Go to the left side panel and locate and click on the Exchange Rates dataset you created.
  2. Schedule Settings: a. Click on the “...” on the top right of the dataset. b. Click on “Edit Pipeline” to edit your connector's name. c. Click the “Schedule” button on the right, beside the “Import Configuration” button.
  3. Configure Schedule: a. Set the desired frequency for data pulls (e.g., daily, weekly, monthly). b. Specify the time of day for the data pull to occur. c. Specify downtime if needed – when the sync should not happen. d. Click the “Update” button to update the new configuration.

2. Data Access

  • Latest Rates
  • Historical Rates
  • Time Series Data
  • Currency Symbols

3. Use Cases

  • Financial Analysis: Analyze historical exchange rates to identify trends, patterns, and correlations for investment decisions.
  • Currency Conversion Tracking: Monitor real-time exchange rates to track currency conversion costs and optimize international transactions.
  • Risk Management: Assess currency risk exposure by analyzing exchange rate volatility and correlations.
  • Reporting and Analytics: Integrate exchange rate data with other business data in Datagrid to generate custom reports on financial performance, currency exposure, and other key metrics.
  • Forecasting: Use historical exchange rate data to forecast future exchange rates and make informed financial decisions.

4. FAQ

Q: What types of data can I import from Exchange Rates API into Datagrid?

  • A: You can import a wide range of data, including latest rates, historical rates, time series data, and currency symbols.

Q: How often can I schedule data pulls from Exchange Rates API?

  • A: You can schedule data pulls daily, weekly, or monthly, depending on your needs.

Q: What permissions are required to connect Exchange Rates API to Datagrid?

5. Support & Additional Resources