Master Microservices with Spring Boot and Spring Cloud - Step 12 – Introduction to Currency Conversion and Currency Exch

The video tutorial explains the creation and functionality of two microservices: a currency exchange service and a currency calculation service. The currency exchange service uses JPA to interact with a database and provide exchange rates for currency conversion. An example is given where USD is converted to INR. The currency converter service utilizes the exchange service to perform conversions for any given amount. The tutorial also discusses potential advanced features and outlines the setup process for these services, introducing Spring Cloud for further development.

What are the two services being built in the examples?

How does the currency exchange service retrieve the exchange value?

What is the conversion multiple for converting EUR to INR?

Describe the process the currency converter service uses to convert USD to INR.

What will be set up in the next steps regarding the currency services?