Get daily Malagasy Ariary (MGA) prices using this API

Get Daily Malagasy Ariary (MGA) Prices Using This API

The Malagasy Ariary (MGA) is the official currency of Madagascar, and understanding its daily price fluctuations is crucial for businesses and individuals engaged in trade, investment, or financial planning. In this blog post, we will explore how to access daily MGA prices through the Metals-API, a powerful tool that provides real-time and historical data for various metals and currencies. This API not only allows developers to retrieve current exchange rates but also offers a suite of features that can transform how we analyze and interact with financial data.

Metals-API Information

About Magnesium (MG)

In the context of the metals market, Magnesium (MG) plays a significant role, especially in industries focused on digital transformation and technological innovation. The integration of smart technology and data analytics has revolutionized how metals are traded and valued. With the rise of real-time data access, developers can create applications that provide insights into market trends, enabling businesses to make informed decisions. The future of metal markets is poised for further advancements, driven by the continuous evolution of technology and data integration.

API Description

The Metals-API is designed to empower developers by providing access to real-time metals data, including the Malagasy Ariary. This API enables the creation of next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its robust capabilities, the Metals-API is a vital resource for anyone looking to integrate metal pricing data into their applications.

For detailed documentation on how to utilize the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on all available endpoints, their functionalities, and how to implement them effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, including the Malagasy Ariary. Depending on your subscription plan, this endpoint can return updates every 60 minutes or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.

Historical Rates Endpoint

For those interested in analyzing trends over time, the Historical Rates Endpoint allows users to access exchange rates dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data that can be invaluable for market analysis and forecasting.

Bid and Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for metals. This information is crucial for traders who need to make quick decisions based on current market conditions.

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one currency to another, including conversions to and from the Malagasy Ariary. This feature is particularly useful for businesses operating in multiple currencies or for individuals traveling to Madagascar.

Time-Series Endpoint

The Time-Series Endpoint enables users to query daily historical rates between two specified dates. This functionality is essential for analyzing price movements over time and understanding market trends.

Fluctuation Endpoint

With the Fluctuation Endpoint, users can track how currencies fluctuate on a day-to-day basis. This feature provides insights into market volatility and can help traders make informed decisions based on historical performance.

Carat Endpoint

The Carat Endpoint allows users to retrieve information about gold rates by carat. This is particularly useful for jewelers and investors in precious metals.

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint enables users to query the API for the lowest and highest prices of metals over a specified period. This information is vital for understanding market extremes and making strategic trading decisions.

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint provides detailed pricing information, including open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and trading strategies.

Historical LME Endpoint

The Historical LME Endpoint allows users to access historical rates for LME symbols dating back to 2008. This feature is particularly beneficial for those involved in the trading of metals on the London Metal Exchange.

API Key and Response

To access the Metals-API, users must obtain an API Key, which is passed into the API base URL's access_key parameter. The API delivers exchange rates relative to USD, and all data is returned in a structured JSON format, making it easy to integrate into applications.

Available Endpoints

The Metals-API includes 14 different endpoints, each providing unique functionalities. Developers can explore these endpoints to find the ones that best suit their needs.

Supported Symbols Endpoint

The Supported Symbols Endpoint provides a constantly updated list of all available currencies and metals. This is essential for developers who need to know which symbols are supported by the API.

Intraday Endpoint

The Intraday Endpoint allows users to query intraday exchange rate data for a single symbol. This feature is particularly useful for high-frequency traders who require real-time data.

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

The Latest Rates Endpoint allows you to get real-time exchange rates for all available metals. Here’s an example response:

{
"success": true,
"timestamp": 1789171831,
"base": "USD",
"date": "2026-09-12",
"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

Accessing historical exchange rates for any date since 1999 is straightforward. Here’s an example response:

{
"success": true,
"timestamp": 1789085431,
"base": "USD",
"date": "2026-09-11",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

The Time-Series Endpoint allows users to get exchange rates for a specific time period. Here’s an example response:

{
"success": true,
"timeseries": true,
"start_date": "2026-09-05",
"end_date": "2026-09-12",
"base": "USD",
"rates": {
"2026-09-05": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-09-07": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-09-12": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. Here’s an example response:

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1789171831,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint allows users to track rate fluctuations between two dates. Here’s an example response:

{
"success": true,
"fluctuation": true,
"start_date": "2026-09-05",
"end_date": "2026-09-12",
"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) Price Endpoint

The OHLC Price Endpoint provides detailed pricing information for a specific time period. Here’s an example response:

{
"success": true,
"timestamp": 1789171831,
"base": "USD",
"date": "2026-09-12",
"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

The Bid/Ask Endpoint provides current bid and ask prices for metals. Here’s an example response:

{
"success": true,
"timestamp": 1789171831,
"base": "USD",
"date": "2026-09-12",
"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

In conclusion, the Metals-API is an invaluable resource for developers looking to access real-time and historical data for the Malagasy Ariary and other metals. With its extensive range of features, including the Latest Rates, Historical Rates, and various conversion endpoints, this API empowers users to create sophisticated applications that can analyze market trends and make informed financial decisions. By leveraging the capabilities of the Metals-API, developers can enhance their applications with real-time data, providing users with the insights they need to navigate the complex world of metal markets.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage. Don't forget to check the Metals-API Supported Symbols page for a complete list of available currencies and metals.