Get Accurate New Taiwan Dollar (TWD) Prices in Multiple Currencies with this API
Get Accurate New Taiwan Dollar (TWD) Prices in Multiple Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time currency exchange rates is crucial for businesses and developers alike. The Metals-API offers a powerful solution for obtaining precise New Taiwan Dollar (TWD) prices in various currencies, including metals like Gold (XAU), Silver (XAG), and Platinum (XPT). This blog post will delve into how Metals-API provides accurate pricing data, explore its innovative features, and discuss potential business applications.
About Tellurium (TE)
While Tellurium (TE) is not one of the primary metals tracked by Metals-API, its relevance in the context of digital transformation in metal markets cannot be overlooked. As industries increasingly rely on technological innovation and advancement, the integration of smart technologies and data analytics becomes essential. The metals market is undergoing a significant transformation, driven by the need for real-time data and insights. This shift is paving the way for future trends and possibilities, where metals like Tellurium could play a pivotal role in various applications, from electronics to renewable energy.
Metals-API Capabilities
The Metals-API Documentation outlines the extensive capabilities of this API, which empowers developers to build next-generation applications. With real-time data access, businesses can make informed decisions, optimize trading strategies, and enhance customer experiences. The API’s ability to provide accurate pricing data in multiple currencies opens up new avenues for financial analysis and market forecasting.
One of the standout features of Metals-API is its Latest Rates Endpoint. Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is particularly beneficial for businesses engaged in international trade, as it allows them to monitor fluctuations in currency values and make timely decisions.
{
"success": true,
"timestamp": 1771979036,
"base": "USD",
"date": "2026-02-25",
"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"
}
Another valuable feature is the Historical Rates Endpoint, which provides access to historical exchange rates for most currencies dating back to 2019. This functionality is essential for businesses that need to analyze past trends and make predictions based on historical data. By appending a specific date to the API request, users can retrieve historical rates, enabling them to conduct thorough market analyses.
{
"success": true,
"timestamp": 1771892636,
"base": "USD",
"date": "2026-02-24",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
The Bid and Ask Endpoint is another powerful feature that allows users to retrieve real-time Bid and Ask prices for metals. This is particularly useful for traders who need to understand the market's current buying and selling prices to make informed trading decisions. The API provides a clear view of the spread, enabling users to assess market liquidity effectively.
{
"success": true,
"timestamp": 1771979036,
"base": "USD",
"date": "2026-02-25",
"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"
}
The Convert Endpoint is particularly useful for businesses that deal with multiple currencies. This endpoint allows users to convert any amount from one currency to another, facilitating seamless transactions across borders. For example, converting USD to XAU can help businesses quickly assess the value of their assets in terms of gold.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771979036,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
For businesses looking to analyze trends over time, the Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for identifying patterns and making data-driven decisions based on historical performance.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-18",
"end_date": "2026-02-25",
"base": "USD",
"rates": {
"2026-02-18": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-20": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-25": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Additionally, the Fluctuation Endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature allows businesses to track rate changes over specific periods, enabling them to adjust their strategies accordingly.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-18",
"end_date": "2026-02-25",
"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"
}
The Open/High/Low/Close (OHLC) Price Endpoint is another critical feature that provides users with comprehensive price data for a specific time period. This endpoint is essential for traders and analysts who need to understand market movements and make informed decisions based on price trends.
{
"success": true,
"timestamp": 1771979036,
"base": "USD",
"date": "2026-02-25",
"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"
}
For developers looking to integrate these features into their applications, understanding the API response structure is crucial. Each response contains fields that provide essential information, such as the success status, timestamp, base currency, and rates for various metals. By leveraging this data, developers can create applications that offer real-time insights and analytics.
Potential Business Applications
The applications of Metals-API are vast and varied. Businesses involved in trading, investment, and financial analysis can benefit significantly from the accurate and real-time data provided by this API. For instance, a trading platform can integrate the Latest Rates Endpoint to display current metal prices to users, enhancing their trading experience.
Moreover, financial analysts can utilize the Historical Rates Endpoint to conduct in-depth market research, identifying trends and making predictions based on historical data. This capability is essential for investment firms looking to optimize their portfolios and make informed decisions.
Additionally, e-commerce platforms that deal with precious metals can leverage the Convert Endpoint to provide customers with real-time pricing in their local currencies. This feature enhances the user experience and builds trust with customers by ensuring transparency in pricing.
Conclusion
In conclusion, the Metals-API offers a comprehensive solution for obtaining accurate New Taiwan Dollar (TWD) prices in multiple currencies, including various metals. With its innovative features such as the Latest Rates Endpoint, Historical Rates Endpoint, and Bid and Ask Endpoint, businesses can harness the power of real-time data to make informed decisions and optimize their operations. The potential applications are vast, ranging from trading platforms to e-commerce solutions, making Metals-API an invaluable tool for developers and businesses alike.
For more information on the capabilities of Metals-API, visit the Metals-API Website or explore the Metals-API Documentation for detailed insights into its features. To view the complete list of supported symbols, check out the Metals-API Supported Symbols page.