Federal Reserve (FED)
The Federal Reserve (FRED) provider retrieves exchange rate data from the Federal Reserve Economic Data (FRED) database. It is the ideal primary or fallback source for portfolios centered around the US Dollar.
๐ Capabilities
- โ Current Price: Reference rate updated daily
- โ History: Deep historical rates (depends on the currency series)
- โ Search: No asset search (FX rates only)
๐ง Specifications
- Base Currency: USD ๐บ๐ธ
- Update Frequency: Daily on US business days
- API Key: Not required (retrieved via public CSV download)
๐ฐ Supported Currencies
FRED provides rates for approximately 20 major currencies, including:
- G10 Currencies: EUR ๐ช๐บ, GBP ๐ฌ๐ง, JPY ๐ฏ๐ต, CAD ๐จ๐ฆ, CHF ๐จ๐ญ, AUD ๐ฆ๐บ, NZD ๐ณ๐ฟ, SEK ๐ธ๐ช, NOK ๐ณ๐ด, DKK ๐ฉ๐ฐ
- Emerging & Regional: CNY ๐จ๐ณ, HKD ๐ญ๐ฐ, SGD ๐ธ๐ฌ, KRW ๐ฐ๐ท, INR ๐ฎ๐ณ, BRL ๐ง๐ท, MXN ๐ฒ๐ฝ, ZAR ๐ฟ๐ฆ, TWD ๐น๐ผ, THB ๐น๐ญ
๐ Important Notes
- Quotes format: FRED quotes some currencies as "USD per unit of foreign currency" (e.g., EUR, GBP) and others as "foreign currency per USD" (e.g., JPY, CAD). LibreFolio automatically inverts and normalizes these rates to guarantee consistency in your database.
- Holidays: No rates are published on US federal holidays (such as Thanksgiving, Independence Day, etc.) or weekends.