Access Nigerian Naira (NGN) prices using this API

Access Nigerian Naira (NGN) Prices Using This API

In today's fast-paced financial landscape, having access to real-time data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for accessing current and historical prices of various metals, including the Nigerian Naira (NGN). This blog post will delve into the capabilities of the Metals-API, focusing on the metal symbol Nickel (NI), its market dynamics, and how the API can be leveraged for innovative applications.

About Nickel (NI)

Nickel is a versatile metal that plays a significant role in various industries, particularly in the production of stainless steel and batteries. As the world shifts towards digital transformation, the metal markets are also evolving, driven by technological innovation and advancements in data analytics. The integration of smart technologies is reshaping how traders and developers interact with metal prices, enabling them to make informed decisions based on real-time data.

With the rise of electric vehicles and renewable energy technologies, the demand for nickel is expected to surge. This trend presents exciting possibilities for developers looking to create applications that provide insights into nickel pricing and market trends. By utilizing the Metals-API, developers can access comprehensive data analytics that empower them to build next-generation applications tailored to the evolving needs of the market.

API Description

The Metals-API is a robust tool designed to provide developers with real-time and historical data on metal prices. This API empowers users to build applications that can track market fluctuations, analyze trends, and convert currencies seamlessly. With its innovative features, the Metals-API is transforming how businesses and developers interact with metal pricing data.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes or even every 10 minutes, ensuring that users have access to the most current information available. This capability is essential for traders and businesses that rely on timely data to make informed decisions.

The API also offers a comprehensive historical rates endpoint, allowing users to query data dating back to 2019. This feature is particularly useful for analysts and developers looking to study market trends over time. By appending a specific date to the API request, users can access historical rates and gain insights into how prices have fluctuated.

Additionally, the Metals-API includes a bid and ask endpoint, which provides real-time bid and ask prices for various metals. This feature is invaluable for traders who need to understand market dynamics and make quick decisions based on the latest pricing information.

For developers looking to integrate currency conversion capabilities into their applications, the Metals-API offers a dedicated convert endpoint. This allows users to convert any amount from one currency to another, facilitating seamless transactions and financial analysis.

The API's time-series endpoint is another powerful feature, enabling users to query daily historical rates between two chosen dates. This functionality is essential for developers who want to analyze trends over specific periods and make data-driven decisions.

Moreover, the fluctuation endpoint provides insights into how currencies fluctuate on a day-to-day basis, allowing users to track changes and identify patterns in the market. The carat endpoint, on the other hand, offers information about gold rates by carat, catering to users interested in precious metals.

For those interested in the lowest and highest prices, the Metals-API provides endpoints that allow users to query the lowest and highest prices for specific dates. This feature is particularly useful for traders looking to identify optimal buying or selling points.

The open/high/low/close (OHLC) price endpoint offers a comprehensive view of price movements over a specified period, providing essential data for technical analysis. Additionally, the historical LME endpoint grants access to historical rates for LME symbols dating back to 2008, further enriching the data available to users.

Authentication is straightforward with the Metals-API, as each user is provided with a unique API key that must be included in requests. This ensures secure access to the API's features while maintaining data integrity.

All exchange rates delivered by the Metals-API are relative to USD, and the data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications.

Key Features and Endpoints

The Metals-API boasts a wide range of features and endpoints that cater to various needs:

• Latest Rates Endpoint: Access real-time exchange rate data updated frequently based on your subscription plan.
• Historical Rates Endpoint: Retrieve historical rates dating back to 2019 by appending a specific date to your query.
• Bid and Ask Endpoint: Get real-time bid and ask prices for metals, essential for traders.
• Convert Endpoint: Convert amounts between different currencies seamlessly.
• Time-Series Endpoint: Query daily historical rates between two dates for trend analysis.
• Fluctuation Endpoint: Track day-to-day fluctuations in currency rates.
• Carat Endpoint: Retrieve gold rates by carat for users interested in precious metals.
• Lowest/Highest Price Endpoint: Query the lowest and highest prices for specific dates.
• Open/High/Low/Close (OHLC) Price Endpoint: Get comprehensive price movement data over a specified period.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
• API Key: Use your unique API key for secure access to the API's features.
• API Response: Receive structured JSON responses containing exchange rates relative to USD.
• Available Endpoints: Access a total of 14 API endpoints, each providing unique functionalities.
• Supported Symbols Endpoint: Retrieve a constantly updated list of all available currencies.
• News Endpoint: Get the latest news articles related to various metals.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1773101300,
"base": "USD",
"date": "2026-03-10",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
"success": true,
"timestamp": 1773014900,
"base": "USD",
"date": "2026-03-09",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
"success": true,
"timeseries": true,
"start_date": "2026-03-03",
"end_date": "2026-03-10",
"base": "USD",
"rates": {
"2026-03-03": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-03-05": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-03-10": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1773101300,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2026-03-03",
"end_date": "2026-03-10",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
"success": true,
"timestamp": 1773101300,
"base": "USD",
"date": "2026-03-10",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
"success": true,
"timestamp": 1773101300,
"base": "USD",
"date": "2026-03-10",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

Conclusion

The Metals-API is a transformative tool for developers and businesses looking to access real-time and historical data on metal prices, including the Nigerian Naira (NGN). With its extensive range of features and endpoints, the API empowers users to build innovative applications that can analyze market trends, track fluctuations, and facilitate seamless currency conversions.

As the demand for metals like nickel continues to rise, leveraging the capabilities of the Metals-API will be essential for staying ahead in the competitive landscape. Whether you're a trader, analyst, or developer, the Metals-API offers the tools you need to make informed decisions and drive your business forward.

For more information on how to get started, visit the Metals-API Documentation and explore the various endpoints available. Don't miss out on the opportunity to harness the power of real-time metals data to enhance your applications and services.