Databases
Finance & Ops Analytics

How to load data from Exchange Rates Api to Starburst Galaxy

Learn how to use Airbyte to synchronize your Exchange Rates Api data into Starburst Galaxy within minutes.

TL;DR

This can be done by building a data pipeline manually, usually a Python script (you can leverage a tool as Apache Airflow for this). This process can take more than a full week of development. Or it can be done in minutes on Airbyte in three easy steps:

  1. set up Exchange Rates Api as a source connector (using Auth, or usually an API key)
  2. set up Starburst Galaxy as a destination connector
  3. define which data you want to transfer and how frequently

You can choose to self-host the pipeline using Airbyte Open Source or have it managed for you with Airbyte Cloud.

This tutorial’s purpose is to show you how.

What is Exchange Rates Api

Used by tens of thousands of developers, Exchange Rates API provides accurate and reliable currency data instantly through its free, simple-to-use API interface. With more than 10 years of exceptional API uptime and support, developers trust Exchange Rates API to provide fast and accurate conversion rates for 160 different currencies as well as essential stock market data in JSON format. They have worked hard to achieve their mission of building a remarkably hardware efficient and reliable currency converter API.

What is Starburst Galaxy

Starburst Data is a data access and analytics company that offers a cloud-native, SQL-based query engine called Presto. Their mission is to enable organizations to access and analyze data across various sources efficiently and at scale. Starburst Data provides an enterprise-grade platform that leverages the power of Presto to query data residing in different databases, data lakes, and cloud storage systems, eliminating data silos and accelerating insights. With a focus on performance, security, and ease of use, Starburst Data empowers businesses to unlock the value of their data, enabling faster decision-making and advanced analytics capabilities.

Integrate Exchange Rates Api with Starburst Galaxy in minutes

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Prerequisites

  1. A Exchange Rates Api account to transfer your customer data automatically from.
  2. A Starburst Galaxy account.
  3. An active Airbyte Cloud account, or you can also choose to use Airbyte Open Source locally. You can follow the instructions to set up Airbyte on your system using docker-compose.

Airbyte is an open-source data integration platform that consolidates and streamlines the process of extracting and loading data from multiple data sources to data warehouses. It offers pre-built connectors, including Exchange Rates Api and Starburst Galaxy, for seamless data migration.

When using Airbyte to move data from Exchange Rates Api to Starburst Galaxy, it extracts data from Exchange Rates Api using the source connector, converts it into a format Starburst Galaxy can ingest using the provided schema, and then loads it into Starburst Galaxy via the destination connector. This allows businesses to leverage their Exchange Rates Api data for advanced analytics and insights within Starburst Galaxy, simplifying the ETL process and saving significant time and resources.

Step 1: Set up Exchange Rates Api as a source connector

1. Go to the Airbyte dashboard and click on "Sources" on the left-hand side of the screen.
2. Click on the "Create a new source" button and select "Exchange Rates API" from the list of available connectors.
3. Enter a name for your source and click on "Next".
4. Enter your Exchange Rates API access key in the "API Key" field.
5. Select the base currency you want to use for your exchange rates in the "Base Currency" field.
6. Choose the frequency at which you want to update your exchange rates in the "Sync Frequency" field.
7. Click on "Test" to ensure that your credentials are correct and that the connection is successful.
8. If the test is successful, click on "Create" to save your source and start syncing your exchange rates data.  

Note: You can also customize your source settings by selecting the tables you want to sync, setting up incremental sync, and adding filters to your data.

Step 2: Set up Starburst Galaxy as a destination connector

1. First, navigate to the connectors page on Airbyte and select the Starburst Galaxy destination connector.
2. Next, enter the required credentials for your Starburst Galaxy account, including the host, port, database name, username, and password.
3. Once you have entered your credentials, click on the "Test Connection" button to ensure that the connection is successful.
4. If the connection is successful, you can then configure the settings for your destination connector, including the table name, schema, and any additional options.
5. After configuring your settings, you can then run a sync to transfer data from your source connector to your Starburst Galaxy destination.
6. You can monitor the progress of your sync and view any errors or warnings that may occur during the transfer process.
7. Once the sync is complete, you can then view your data in your Starburst Galaxy database and use it for analysis or other purposes.

Step 3: Set up a connection to sync your Exchange Rates Api data to Starburst Galaxy

Once you've successfully connected Exchange Rates Api as a data source and Starburst Galaxy as a destination in Airbyte, you can set up a data pipeline between them with the following steps:

  1. Create a new connection: On the Airbyte dashboard, navigate to the 'Connections' tab and click the '+ New Connection' button.
  2. Choose your source: Select Exchange Rates Api from the dropdown list of your configured sources.
  3. Select your destination: Choose Starburst Galaxy from the dropdown list of your configured destinations.
  4. Configure your sync: Define the frequency of your data syncs based on your business needs. Airbyte allows both manual and automatic scheduling for your data refreshes.
  5. Select the data to sync: Choose the specific Exchange Rates Api objects you want to import data from towards Starburst Galaxy. You can sync all data or select specific tables and fields.
  6. Select the sync mode for your streams: Choose between full refreshes or incremental syncs (with deduplication if you want), and this for all streams or at the stream level. Incremental is only available for streams that have a primary cursor.
  7. Test your connection: Click the 'Test Connection' button to make sure that your setup works. If the connection test is successful, save your configuration.
  8. Start the sync: If the test passes, click 'Set Up Connection'. Airbyte will start moving data from Exchange Rates Api to Starburst Galaxy according to your settings.

Remember, Airbyte keeps your data in sync at the frequency you determine, ensuring your Starburst Galaxy data warehouse is always up-to-date with your Exchange Rates Api data.

Use Cases to transfer your Exchange Rates Api data to Starburst Galaxy

Integrating data from Exchange Rates Api to Starburst Galaxy provides several benefits. Here are a few use cases:

  1. Advanced Analytics: Starburst Galaxy’s powerful data processing capabilities enable you to perform complex queries and data analysis on your Exchange Rates Api data, extracting insights that wouldn't be possible within Exchange Rates Api alone.
  2. Data Consolidation: If you're using multiple other sources along with Exchange Rates Api, syncing to Starburst Galaxy allows you to centralize your data for a holistic view of your operations, and to set up a change data capture process so you never have any discrepancies in your data again.
  3. Historical Data Analysis: Exchange Rates Api has limits on historical data. Syncing data to Starburst Galaxy allows for long-term data retention and analysis of historical trends over time.
  4. Data Security and Compliance: Starburst Galaxy provides robust data security features. Syncing Exchange Rates Api data to Starburst Galaxy ensures your data is secured and allows for advanced data governance and compliance management.
  5. Scalability: Starburst Galaxy can handle large volumes of data without affecting performance, providing an ideal solution for growing businesses with expanding Exchange Rates Api data.
  6. Data Science and Machine Learning: By having Exchange Rates Api data in Starburst Galaxy, you can apply machine learning models to your data for predictive analytics, customer segmentation, and more.
  7. Reporting and Visualization: While Exchange Rates Api provides reporting tools, data visualization tools like Tableau, PowerBI, Looker (Google Data Studio) can connect to Starburst Galaxy, providing more advanced business intelligence options. If you have a Exchange Rates Api table that needs to be converted to a Starburst Galaxy table, Airbyte can do that automatically.

Wrapping Up

To summarize, this tutorial has shown you how to:

  1. Configure a Exchange Rates Api account as an Airbyte data source connector.
  2. Configure Starburst Galaxy as a data destination connector.
  3. Create an Airbyte data pipeline that will automatically be moving data directly from Exchange Rates Api to Starburst Galaxy after you set a schedule

With Airbyte, creating data pipelines take minutes, and the data integration possibilities are endless. Airbyte supports the largest catalog of API tools, databases, and files, among other sources. Airbyte's connectors are open-source, so you can add any custom objects to the connector, or even build a new connector from scratch without any local dev environment or any data engineer within 10 minutes with the no-code connector builder.

We look forward to seeing you make use of it! We invite you to join the conversation on our community Slack Channel, or sign up for our newsletter. You should also check out other Airbyte tutorials, and Airbyte’s content hub!

What should you do next?

Hope you enjoyed the reading. Here are the 3 ways we can help you in your data journey:

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Take the first step towards extensible data movement infrastructure that will give a ton of time back to your data team. 
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What should you do next?

Hope you enjoyed the reading. Here are the 3 ways we can help you in your data journey:

flag icon
Easily address your data movement needs with Airbyte Cloud
Take the first step towards extensible data movement infrastructure that will give a ton of time back to your data team. 
Get started with Airbyte for free
high five icon
Talk to a data infrastructure expert
Get a free consultation with an Airbyte expert to significantly improve your data movement infrastructure. 
Talk to sales
stars sparkling
Improve your data infrastructure knowledge
Subscribe to our monthly newsletter and get the community’s new enlightening content along with Airbyte’s progress in their mission to solve data integration once and for all.
Subscribe to newsletter

Tags

Frequently Asked Questions

What data can you extract from Exchange Rates Api?

Exchange Rates API provides access to various types of data related to currency exchange rates. The API offers real-time and historical exchange rates for over 170 currencies, including cryptocurrencies. The following are the categories of data that the Exchange Rates API provides:  

• Real-time exchange rates: The API provides real-time exchange rates for various currencies, which are updated every minute.  
• Historical exchange rates: The API offers historical exchange rates for up to 10 years, allowing users to analyze trends and patterns in currency exchange rates.  
• Currency conversion: The API allows users to convert one currency to another using the latest exchange rates.  
• Time-series data: The API provides time-series data for exchange rates, allowing users to track changes in exchange rates over time.  
• Currency metadata: The API provides metadata for various currencies, including their names, symbols, and ISO codes.  
• Cryptocurrency data: The API provides real-time exchange rates for various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.  

Overall, the Exchange Rates API provides a comprehensive set of data related to currency exchange rates, making it a valuable resource for businesses and individuals who need to track currency exchange rates.

What data can you transfer to Starburst Galaxy?

You can transfer a wide variety of data to Starburst Galaxy. This usually includes structured, semi-structured, and unstructured data like transaction records, log files, JSON data, CSV files, and more, allowing robust, scalable data integration and analysis.

What are top ETL tools to transfer data from Exchange Rates Api to Starburst Galaxy?

The most prominent ETL tools to transfer data from Exchange Rates Api to Starburst Galaxy include:

  • Airbyte
  • Fivetran
  • Stitch
  • Matillion
  • Talend Data Integration

These tools help in extracting data from Exchange Rates Api and various sources (APIs, databases, and more), transforming it efficiently, and loading it into Starburst Galaxy and other databases, data warehouses and data lakes, enhancing data management capabilities.