FXpeek reference

Exchange Rates Explained

Understand reference rates, provider spreads, invoice-date versus payment-date rates, and how to keep a reproducible FX evidence trail.

Reference rate versus applied rate

A published reference rate and the rate applied by a bank, card, payment provider or wallet can differ. Keep the source, date, pair, applied amount and fee or spread separate.

Invoice date and payment date

Choose the date that matches the accounting or reconciliation policy being used. Record both invoice and payment dates when the workflow needs to explain why two conversions differ.

API and CSV examples

Use /api/history for daily JSON rows and /api/csv for spreadsheet workflows. Store the request URL, returned date, pair, rate, source and asOf context with the report.

What FXpeek does not provide

FXpeek is reference data for historical lookup and reporting. It is not a broker, remittance service, settlement authority, tax authority, accounting policy or trading signal.

Frequently asked questions

Why can a provider rate differ from a reference rate?

Providers may use a different timestamp, source, spread, fee or settlement process. Compare the provider statement and source date instead of assuming the numbers are identical.

What should a reconciliation file retain?

Retain the pair, dates, source URL, reference rate, provider-applied rate, amount, fee or spread and the final credited amount.

Exchange Rates Explained | FXpeek