diff --git a/fiat/fiat.go b/fiat/fiat.go
new file mode 100644
index 0000000..a29e7d8
--- /dev/null
+++ b/fiat/fiat.go
@@ -0,0 +1,54 @@
+package fiat
+
+import (
+	"context"
+	"errors"
+	"time"
+)
+
+const (
+	// maxRetries is the maximum number of retries we allow per call to an
+	// api.
+	maxRetries = 3
+
+	// retrySleep is the period we backoff for between tries, set to 0.5
+	// second.
+	retrySleep = time.Millisecond * 500
+)
+
+var (
+	errShuttingDown  = errors.New("shutting down")
+	errRetriesFailed = errors.New("could not get data within max retries")
+)
+
+// usdPrice represents the Bitcoin price in USD at a certain time.
+type usdPrice struct{}
+
+// retryQuery calls an api until it succeeds, or we hit our maximum retries.
+// It sleeps between calls and can be terminated early by cancelling the
+// context passed in. It takes query and convert functions as parameters for
+// testing purposes.
+func retryQuery(ctx context.Context, queryAPI func() ([]byte, error),
+	convert func([]byte) ([]*usdPrice, error)) ([]*usdPrice, error) {
+
+	for i := 0; i < maxRetries; i++ {
+		// If our request fails, log the error, sleep for the retry
+		// period and then continue so we can try again.
+		response, err := queryAPI()
+		if err != nil {
+			log.Errorf("http get attempt: %v failed: %v", i, err)
+
+			select {
+			case <-time.After(retrySleep):
+			case <-ctx.Done():
+				return nil, errShuttingDown
+			}
+
+			continue
+		}
+
+		return convert(response)
+	}
+
+	return nil, errRetriesFailed
+}
diff --git a/fiat/fiat_test.go b/fiat/fiat_test.go
new file mode 100644
index 0000000..81bcadf
--- /dev/null
+++ b/fiat/fiat_test.go
@@ -0,0 +1,121 @@
+package fiat
+
+import (
+	"context"
+	"errors"
+	"testing"
+)
+
+var errMocked = errors.New("mocked error")
+
+// fakeQuery mocks failing and successful repeated queries, failing after a
+// given call count.
+type fakeQuery struct {
+	// callCount tracks the number of times the httpQuery has been executed.
+	callCount int
+
+	// errorUntil is the call count at which the mock will stop failing.
+	// If you do want the mock call to succeed, set this value to -1.
+	// Eg, if this value is set to 2, the call will fail on first call and
+	// succeed thereafter.
+	errorUntil int
+}
+
+func (f *fakeQuery) call() error {
+	f.callCount++
+
+	if f.callCount <= f.errorUntil {
+		return errMocked
+	}
+
+	return nil
+}
+
+// TestRetryQuery tests our retry logic, including the case where we receive
+// instruction to shutdown.
+func TestRetryQuery(t *testing.T) {
+	tests := []struct {
+		name              string
+		expectedCallCount int
+		expectedErr       error
+		cancelContext     bool
+		mock              *fakeQuery
+	}{
+		{
+			name:              "always failing",
+			expectedCallCount: maxRetries,
+			expectedErr:       errRetriesFailed,
+			mock: &fakeQuery{
+				errorUntil: 3,
+			},
+		},
+		{
+			name:              "last call succeeds",
+			expectedCallCount: 3,
+			expectedErr:       nil,
+			mock: &fakeQuery{
+				errorUntil: 2,
+			},
+		},
+		{
+			name:              "first succeeds",
+			expectedCallCount: 1,
+			expectedErr:       nil,
+			mock: &fakeQuery{
+				errorUntil: 0,
+			},
+		},
+		{
+			name:              "call cancelled",
+			expectedCallCount: 1,
+			expectedErr:       errShuttingDown,
+			cancelContext:     true,
+			mock: &fakeQuery{
+				errorUntil: 1,
+			},
+		},
+	}
+
+	for _, test := range tests {
+		test := test
+
+		t.Run(test.name, func(t *testing.T) {
+			t.Parallel()
+
+			// Create a test context which we can cancel.
+			ctx, cancel := context.WithCancel(context.Background())
+			defer cancel()
+
+			// If we want to cancel test context to test early exit,
+			// go do now.
+			if test.cancelContext {
+				cancel()
+			}
+
+			query := func() ([]byte, error) {
+				if err := test.mock.call(); err != nil {
+					return nil, err
+				}
+
+				return nil, nil
+			}
+
+			// Create a mocked parse call which acts as a nop.
+			parse := func([]byte) ([]*usdPrice, error) {
+				return nil, nil
+			}
+
+			_, err := retryQuery(ctx, query, parse)
+			if err != test.expectedErr {
+				t.Fatalf("expected: %v, got: %v",
+					test.expectedErr, err)
+			}
+
+			if test.mock.callCount != test.expectedCallCount {
+				t.Fatalf("expected call count: %v, got :%v",
+					test.expectedCallCount,
+					test.mock.callCount)
+			}
+		})
+	}
+}
diff --git a/fiat/log.go b/fiat/log.go
new file mode 100644
index 0000000..7e06cd7
--- /dev/null
+++ b/fiat/log.go
@@ -0,0 +1,26 @@
+package fiat
+
+import (
+	"github.com/btcsuite/btclog"
+	"github.com/lightningnetwork/lnd/build"
+)
+
+// Subsystem defines the logging code for this subsystem.
+const Subsystem = "FIAT"
+
+// log is a logger that is initialized with no output filters. This
+// means the package will not perform any logging by default until the
+// caller requests it.
+var log btclog.Logger
+
+// The default amount of logging is none.
+func init() {
+	UseLogger(build.NewSubLogger(Subsystem, nil))
+}
+
+// UseLogger uses a specified Logger to output package logging info.
+// This should be used in preference to SetLogWriter if the caller is also
+// using btclog.
+func UseLogger(logger btclog.Logger) {
+	log = logger
+}
diff --git a/log.go b/log.go
index 0684892..beef4f4 100644
--- a/log.go
+++ b/log.go
@@ -3,6 +3,7 @@ package faraday
 import (
 	"github.com/btcsuite/btclog"
 	"github.com/lightninglabs/faraday/dataset"
+	"github.com/lightninglabs/faraday/fiat"
 	"github.com/lightninglabs/faraday/frdrpc"
 	"github.com/lightninglabs/faraday/recommend"
 	"github.com/lightninglabs/faraday/revenue"
@@ -28,6 +29,7 @@ func init() {
 	addSubLogger(dataset.Subsystem, dataset.UseLogger)
 	addSubLogger(frdrpc.Subsystem, frdrpc.UseLogger)
 	addSubLogger(revenue.Subsystem, revenue.UseLogger)
+	addSubLogger(fiat.Subsystem, fiat.UseLogger)
 }
 
 // UseLogger uses a specified Logger to output package logging info.