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Currency Rate Updater

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Overview

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Currency Rate Updater extension keeps your store's currency exchange rates accurate and up to date, without relying on Magento's default currency import services. It's a fast, lightweight alternative for store owners who've had trouble getting reliable rates from the built-in options.

The extension fetches current exchange rates and lets you convert between any currencies enabled on your store with a single click from the standard Magento currency rates screen — no extra configuration screens to learn.

Updates can run two ways:

  • Scheduled (cron) — enable automatic updates in the module configuration and rates refresh on your chosen schedule, without any manual intervention.
  • On demand (CLI) — run php bin/magento sanjay:currency:update-rates from the command line any time you want to force an immediate refresh, independent of the schedule. This is useful for testing, for stores that prefer to trigger updates from their own external scheduler, or for a quick manual sync right after installation.

Both methods use the same reliable update process and write directly into Magento's standard currency rates table, so the rest of your store — pricing, currency switcher, reports — works exactly as it always has.

 

Key Features

  • No API key or account setup required — works out of the box after installation.
  • Update rates automatically on a configurable schedule via cron, or on demand via a dedicated CLI command.
  • Uses Magento's standard currency rate storage — fully compatible with the native currency switcher and pricing display, no core overrides.
  • Configurable connection timeout and retry delay for reliability on slower or restricted server environments.
  • Simple one-screen configuration under Stores → Configuration → General → Currency Setup.
  • Standard Magento code functionality
  • No Subscription charge needed.
  • Easy to install and easy to set up.
  • Perfectly work with a cron job to import the latest currency rate. 
  • User friendly and not make a conflict with other currency rate import tools like Webservicex. 
  • This extension provides fully automated currency update services.
  • One time buy no extra charge require Like Subscription.
  • Easy to install and configured.

Technical Specifications

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Seller profile

Sanjay Gohil

Seller contact

E-mail

Current Version

1.0.7

Adobe Commerce platform compatibility

Magento Open Source: 2.4 (current), 2.0 (obsolete), 2.1 (obsolete), 2.2 (obsolete), 2.3 (obsolete)

Type

Stable Build

Updated

19 August, 2026

Categories

Extensions, Sales

Documentation

Installation Guides

User Guides

License Type

Open Software License 3.0 (OSL-3.0)

Policy

Privacy Policy

Quality Report

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Installation & Varnish Tests

Passed

Coding Standard

Passed

Plagiarism Check

Passed

Malware Check

Passed

Marketing Review

Passed

Manual Testing

Passed

All tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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1.0.7:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Compatibility Update

    This release introduces a new command-line interface (CLI) command that allows store administrators to manually update currency exchange rates on demand.

    * ✅ Added manual currency rate update using the CLI command: php bin/magento sanjay:currency:update-rates
    * ✅ The CLI update uses the same currency rate update process as the scheduled update functionality.

    This release includes compatibility updates to ensure full support for the latest Magento versions:

    * ✅ Magento Open Source 2.4.8
    * ✅ Magento Open Source 2.4.8-p1 / 2.4.8-p2 / 2.4.8-p3
    * ✅ Magento Open Source 2.4.9.x

1.0.6:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Compatibility Update

    This release includes compatibility updates to ensure full support for the latest Magento versions:

    * ✅ Magento Open Source 2.4.8
    * ✅ Magento Open Source 2.4.8-p1 / 2.4.8-p2 / 2.4.8-p3
    * ✅ Magento Open Source 2.4.9.x

1.0.5:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Major Update: API Integration
    ✅ Upgraded to a Free & Reliable API – Replaced old paid API with a trusted free service to fetch real-time exchange rates.
    ✅ More Stable & Accurate Currency Updates – Ensures faster and more reliable currency rate imports.
    ✅ Automatic & Manual Updates – Supports hourly, daily, monthly, and yearly updates via cron jobs or manual refresh.
    ✅ Fully Compatible with Magento 2.4.x – Optimized for the latest Magento versions.
    ✅ Performance Optimization – Improved API response handling for faster updates and reduced request failures.
    ✅ Security Enhancements – Improved request validation and error handling.

1.0.3:

  • Compatible with Magento Open Source : 2.0 2.1 2.2 2.3 2.4
  • Stability: Stable Build
  • Description:

    Make it compatible with the latest Magento 2.4 version.

1.0.2:

  • Compatible with Magento Open Source : 2.0 2.1 2.2 2.3 2.4
  • Stability: Stable Build
  • Description:

    Make it compatible with Magento version 2.4.x

1.0.1:

  • Compatible with Magento Open Source : 2.0 2.1 2.2 2.3
  • Stability: Stable Build
  • Description:

    Make it compatible with the latest Magento 2.3.x version.

1.0.0:

  • Compatible with Magento Open Source : 2.0 2.1 2.2
  • Stability: Stable Build
  • Description:

    Magento 2 Custom Currency Rate Updater extension is very useful to fetch a latest currency rate.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.

Contact Vendor

Q & A

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Reviews

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