Report updated Apr 17, 2026
Currency - Exchange Rates
For travelers, business professionals, and crypto-enthusiasts who need a reliable, offline-capable currency conversion tool.
Currency - Exchange Rates is an established finance app that is free with in-app purchases. With a 4.7/5 rating from 275 reviews, it shows polarized user reception.
What is Currency - Exchange Rates?
Current Momentum
v4.9 · 5mo ago
MaintenanceCurrency - Exchange Rates is currently in maintenance, with the most recent update focusing on minor improvements and bug fixes.
What makes this app unique?
What Does It Look Like?
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What Are The Key Features?
Access exchange rates without an internet connection using the latest cached data.
Perform currency conversions directly on the Apple Watch.
Supports over 150 currencies, cryptocurrencies, and precious metals.
Visualizes exchange rate trends over various timeframes from one week to 10 years.
How much does it cost?
- Free version with ads
- Advanced features: $0.49 per 6 months
Aggressive low-cost subscription model focused on high-volume conversion by removing ads and unlocking analytical tools at a negligible price point.
Who Built It?
Raphael Odermatt
Providing privacy-focused utilities and conversion tools for travelers and professionals seeking ad-free, offline-capable mobile experiences.
Portfolio
13
Apps
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Explore the full Raphael Odermatt report
Portfolio breakdown, audience, momentum, and every app published by Raphael Odermatt.
What do users think recently?
Analysis in progress, available soon
View the full user-sentiment analysis
Mood gauge, ratings & review-volume history, every praise / complaint / request, and sentiment over time.
What is the competitive landscape for Currency - Exchange Rates?
How's The Finance Market?
How does it evolve in the Finance market?
Rank progression
16 active rankings tracked — 30-day window
The rivals identified
The outtake for Currency - Exchange Rates
Strengths to defend, gaps to attack
Core Strengths
- Robust offline functionality for travelers
- Native Apple Watch support
- Extremely low subscription price point ($0.49/6mo)
- 10-year historical data depth
Critical Frictions
- Maintenance-only update cycle (v4.9)
- Lack of modern iOS features like Widgets or Siri Shortcuts
- Single-purpose utility compared to unit-conversion hybrids
Growth Levers
- Implement GPS-based currency detection (Competitor: Elk)
- Add natural language query parsing (Competitor: Amount)
- Expand into general unit conversion to increase DAU (Competitor: GlobeConvert)
Market Threats
- All-in-one calculators (ClevCalc) reducing need for single-use apps
- High-polish minimalist competitors (Jeffrey Grossman's Currency)
- XE's dominance in real-time data and money transfer integration
What are the next best moves?
Implement Home Screen Widgets and Siri Shortcuts
Direct feature gap compared to 'Nemesis' (Jeffrey Grossman's Currency) which uses these for high organic discovery and retention.
Develop Location-Based Currency Detection
Competitors like Elk and My Currency Converter use GPS to automate the user's base currency, a critical friction-reducer for the target traveler audience.
Evaluate Unit Conversion Expansion
GlobeConvert and ClevCalc are capturing the utility market by bundling currency with other units; adding this would prevent user migration to 'all-in-one' tools.
Feature Gaps vs Competitors
- Siri Shortcuts and Home Screen widgets (available in Jeffrey Grossman's Currency)
- Automatic location-based currency detection (available in Elk and My Currency Converter)
- Unit conversion for length, weight, etc. (available in GlobeConvert)
- Natural language query parsing (available in Amount)
Key Takeaways
Currency - Exchange Rates is a stable, high-performing utility that wins on price and offline reliability, but it is currently in maintenance mode. To avoid being displaced by 'all-in-one' calculators or high-polish design-first competitors, the PM must prioritize modern iOS system integrations (Widgets/Shortcuts) and automated UX features like location-based detection.
Where Is It Heading?
Stable
v4.9 update (Nov 2025) focused only on bugfixes — indicates maintenance mode rather than active growth.
4.68 rating from 275 reviews — suggests high user satisfaction with the current core utility.