Citi Foreign Exchange Rates app review: the most current rates

Introduction

Do you need access to the most current foreign exchange rates without having to be tied to your computer screen? The Citi Foreign Exchange Rates app offers a perfect solution to your needs providing you with current streaming exchange rates for a number of the most popular currencies. This app is created to not only be incredibly useful but also very easy and quick to use. You will be able to launch the app, find what you need, and be done just that fast.

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Financial Information at your Fingertips

Citi is one of the leaders in FX Markets so it's only natural that it would offer an app that delivers up-to-the minute foreign exchange rates. The fact that the rates are streaming means you can look forward to accurate rates at all times. Of course as an investor you need to be right on top of the rates no matter where you are.

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The app is able to convert more than 60 currency pairs, which gives you plenty to work with. It should be noted though that the market data may not be available to you during the U.S. weekends. In looking at the description of this app on iTunes I notice that it hasn’t been updated since 2011, which is a pretty long time in the world of technology. I think this unfortunately works against the app and is partly responsible for the fact it has such a low user rating. One can't expect to deliver what consumers want when there hasn't been changes or enhancements in over two years.

 

Gathering Information

I have to agree with what most of the users are saying regarding this app. First off there is a big glaring problem which is that there is no information offered on U.S. weekends, we are talking nothing. The app should at least give you the most current rates that were posted at closing instead of no information at all. Other people are having issues with the app crashing, freezing, and just not displaying information at all. All of these are some pretty big issues that certainly impact the app as a whole. At the very least it seems incredibly unstable.

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For me I also don’t like the user interface as you need to scroll through all kinds of pairings before finding the one you want. This seems very unnecessary and definitely not the best set-up. To top it off I can’t get the app to work or display any rates, just as other users found.

 

 

Pros and Cons

Pros

• Provides streaming currency rates
• Supports over 60 currency pairings

 

Cons

• The app doesn’t work, the rates are displaying
• App crashes and freezes
• Doesn’t give you any information on U.S. weekends
• The user interface is poorly designed

 

Final Thoughts

If you’re looking for a way to monitor and check foreign currency the Citi Foreign Exchange Rates app won’t likely be the one to help you out. There are far too many issues, bugs, and problems with this app which result in an unstable and unreliable offering.