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Currency Conversion System Design

HardSystem Design00:00
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Your question is Currency Conversion System Design. Take a moment with it on the right.

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Problem

Design a currency conversion API system.

Explain the API contract, rate ingestion and normalization, storage, caching, consistency model, and failure handling. Treat rate selection and anomaly detection as ML-assisted components where appropriate, and cover online serving, batch processing, monitoring, and evaluation.