diff --git a/apps/engine/src/common/schema.ts b/apps/engine/src/common/schema.ts
index 950ec4de1b..a859ae572f 100644
--- a/apps/engine/src/common/schema.ts
+++ b/apps/engine/src/common/schema.ts
@@ -13,6 +13,18 @@ export const ErrorSchema = z.object({
   }),
 });
 
+export const GeneralErrorSchema = z.object({
+  code: z.string().openapi({
+    example: "internal_server_error",
+  }),
+  message: z.string().openapi({
+    example: "Internal server error",
+  }),
+  requestId: z.string().openapi({
+    example: "123e4567-e89b-12d3-a456-426655440000",
+  }),
+});
+
 export const Providers = z.enum(["teller", "plaid", "gocardless"]);
 
 export const HeadersSchema = z.object({
diff --git a/apps/engine/src/index.ts b/apps/engine/src/index.ts
index 2eb7d3d202..7e6ac4b168 100644
--- a/apps/engine/src/index.ts
+++ b/apps/engine/src/index.ts
@@ -12,6 +12,7 @@ import accountRoutes from "./routes/accounts";
 import authRoutes from "./routes/auth";
 import healthRoutes from "./routes/health";
 import institutionRoutes from "./routes/institutions";
+import ratesRoutes from "./routes/rates";
 import transactionsRoutes from "./routes/transactions";
 
 const app = new OpenAPIHono<{ Bindings: Bindings }>({
@@ -33,11 +34,13 @@ app.get("/institutions", cacheMiddleware);
 app.get("/accounts", cacheMiddleware);
 app.get("/accounts/balance", cacheMiddleware);
 app.get("/transactions", cacheMiddleware);
+app.get("/rates", cacheMiddleware);
 
 app
   .route("/transactions", transactionsRoutes)
   .route("/accounts", accountRoutes)
   .route("/institutions", institutionRoutes)
+  .route("/rates", ratesRoutes)
   .route("/auth", authRoutes);
 
 app.openAPIRegistry.registerComponent("securitySchemes", "Bearer", {
diff --git a/apps/engine/src/routes/rates/index.ts b/apps/engine/src/routes/rates/index.ts
new file mode 100644
index 0000000000..8fc7b123ca
--- /dev/null
+++ b/apps/engine/src/routes/rates/index.ts
@@ -0,0 +1,56 @@
+import { GeneralErrorSchema } from "@/common/schema";
+import { getRates } from "@/utils/rates";
+import { OpenAPIHono, createRoute } from "@hono/zod-openapi";
+import type { Bindings } from "hono/types";
+import { RatesSchema } from "./schema";
+
+const app = new OpenAPIHono<{ Bindings: Bindings }>();
+
+const indexRoute = createRoute({
+  method: "get",
+  path: "/",
+  summary: "Get rates",
+  responses: {
+    200: {
+      content: {
+        "application/json": {
+          schema: RatesSchema,
+        },
+      },
+      description: "Retrieve rates",
+    },
+    400: {
+      content: {
+        "application/json": {
+          schema: GeneralErrorSchema,
+        },
+      },
+      description: "Returns an error",
+    },
+  },
+});
+
+app.openapi(indexRoute, async (c) => {
+  try {
+    const data = await getRates();
+
+    return c.json(
+      {
+        data,
+      },
+      200,
+    );
+  } catch (error) {
+    return c.json(
+      {
+        error: "Internal server error",
+        message: "Internal server error",
+        requestId: c.get("requestId"),
+        code: "400",
+      },
+      400,
+    );
+  }
+});
+
+export default app;
diff --git a/apps/engine/src/routes/rates/schema.ts b/apps/engine/src/routes/rates/schema.ts
new file mode 100644
index 0000000000..03c6076497
--- /dev/null
+++ b/apps/engine/src/routes/rates/schema.ts
@@ -0,0 +1,22 @@
+import { z } from "zod";
+
+export const RatesSchema = z
+  .object({
+    data: z.array(
+      z.object({
+        source: z.string().openapi({
+          example: "USD",
+        }),
+        rates: z.record(z.string(), z.number()).openapi({
+          example: {
+            EUR: 0.925393,
+            GBP: 0.792256,
+            SEK: 10.0,
+            BDT: 200.0,
+          },
+        }),
+      }),
+    ),
+  })
+
+  .openapi("RatesSchema");
diff --git a/apps/engine/src/utils/rates.ts b/apps/engine/src/utils/rates.ts
new file mode 100644
index 0000000000..3655cfcbf7
--- /dev/null
+++ b/apps/engine/src/utils/rates.ts
@@ -0,0 +1,57 @@
+import { uniqueCurrencies } from "@midday/location/src/currencies";
+
+const ENDPOINT =
+  "https://cdn.jsdelivr.net/npm/@fawazahmed0/currency-api@2024.8.2/v1";
+
+async function getCurrency(currency: string) {
+  const response = await fetch(`${ENDPOINT}/currencies/${currency}.json`);
+
+  return response.json();
+}
+
+function transformKeysToUppercase(obj: Record<string, number>) {
+  const entries = Object.entries(obj);
+
+  // Transform each entry's key to uppercase
+  const upperCaseEntries = entries
+    .map(([key, value]) => {
+      return [key.toUpperCase(), value];
+    })
+    .filter(([key]) => uniqueCurrencies.includes(key as string));
+
+  // Convert the transformed entries back into an object
+  const transformedObject = Object.fromEntries(upperCaseEntries);
+
+  return transformedObject;
+}
+
+export async function getRates() {
+  const rates = await Promise.allSettled(
+    uniqueCurrencies.map((currency) => getCurrency(currency.toLowerCase())),
+  );
+
+  return rates
+    .filter(
+      (rate): rate is PromiseFulfilledResult<Record<string, unknown>> =>
+        rate.status === "fulfilled",
+    )
+    .map((rate) => rate.value)
+    .map((value) => {
+      const currency = Object.keys(value).at(1);
+
+      if (!currency) {
+        return null;
+      }
+
+      const currencyData = value[currency];
+      if (typeof currencyData !== "object" || currencyData === null) {
+        return null;
+      }
+
+      return {
+        source: currency.toUpperCase(),
+        rates: transformKeysToUppercase(currencyData as Record<string, number>),
+      };
+    })
+    .filter((item) => item !== null);
+}