Get Eritrean Nakfa (ERN) prices using this API
In today's rapidly evolving financial landscape, the ability to access real-time data is crucial for developers and businesses alike. One such valuable resource is the Eritrean Nakfa (ERN), a currency that represents the economic pulse of Eritrea. By leveraging the Metals-API, developers can obtain the latest prices and trends for the Eritrean Nakfa and other metals, enabling them to make informed decisions based on accurate data.
About Eritrean Nakfa (ERN)
The Eritrean Nakfa is not just a currency; it symbolizes the economic resilience of Eritrea. As the nation continues to embrace digital transformation, the integration of technology in financial markets is becoming increasingly significant. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to access real-time data on various metals, including precious metals like gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD).
Technological advancements have paved the way for data analytics and insights that were previously unattainable. With the Metals-API Documentation, developers can explore how to harness this data to create applications that not only track metal prices but also analyze market trends, enabling smarter investment strategies.
Digital Transformation in Metal Markets
The digital transformation of metal markets is characterized by the integration of smart technologies and data analytics. The Metals-API exemplifies this shift by offering a suite of endpoints that provide real-time and historical data. This allows developers to build applications that can respond to market changes instantaneously, providing users with the most up-to-date information.
Technological Innovation and Advancement
As technology continues to evolve, the capabilities of APIs like Metals-API are expanding. The API offers endpoints such as the Latest Rates Endpoint, which provides real-time exchange rate data for metals. Depending on the subscription plan, this data can be updated every 60 minutes or even every 10 minutes, ensuring that users have access to the latest information.
Data Analytics and Insights
Data analytics is at the core of modern financial applications. The Historical Rates Endpoint allows developers to access historical rates dating back to 2019, enabling them to analyze trends over time. This feature is essential for understanding market behavior and making predictions based on past performance.
Smart Technology Integration
Integrating smart technology into financial applications can enhance user experience and decision-making. The Convert Endpoint of the Metals-API allows users to convert any amount from one currency to another, facilitating seamless transactions and providing users with the flexibility they need in a dynamic market.
Future Trends and Possibilities
As we look to the future, the potential for innovation in the financial sector is vast. The Time-Series Endpoint enables developers to query daily historical rates between two dates, providing insights into how prices fluctuate over time. This capability can be leveraged to create predictive models that help users anticipate market movements.
API Description
The Metals-API is a powerful tool that empowers developers to build next-generation applications by providing real-time metals data. With its extensive capabilities, the API allows users to access a wide range of functionalities, including:
- Latest Rates Endpoint: Get real-time exchange rates for all available metals.
- Historical Rates Endpoint: Access historical exchange rates for any date since 1999.
- Bid And Ask Endpoint: Retrieve real-time Bid and Ask prices for metals.
- Convert Endpoint: Convert any amount from one metal to another or to/from USD.
- Time-Series Endpoint: Get exchange rates for a specific time period.
- Fluctuation Endpoint: Track rate fluctuations between two dates.
- Carat Endpoint: Retrieve information about Gold rates by Carat.
- Lowest/Highest Price Endpoint: Get the lowest and highest price for a specified date.
- Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
- API Key: A unique key required for accessing the API.
- API Response: Exchange rates delivered by the API are relative to USD.
- Available Endpoints: The API comes with 14 endpoints, each providing different functionalities.
- Supported Symbols Endpoint: Get a constantly updated list of all available currencies.
- News Endpoint: Retrieve the latest news articles related to various metals.
Key Features and Endpoints
Each endpoint of the Metals-API offers unique functionalities that can be utilized in various applications:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1770422973,
"base": "USD",
"date": "2026-02-07",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates the current rates for gold, silver, platinum, and palladium, allowing developers to display this information in their applications.
Historical Rates Endpoint
The Historical Rates Endpoint allows access to historical exchange rates for any date since 1999. A sample response might look like this:
{
"success": true,
"timestamp": 1770336573,
"base": "USD",
"date": "2026-02-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This data is invaluable for developers looking to analyze trends over time and provide insights to their users.
Bid And Ask Endpoint
The Bid And Ask Endpoint is a powerful feature that enables retrieval of real-time Bid and Ask prices. A typical response might look like this:
{
"success": true,
"timestamp": 1770422973,
"base": "USD",
"date": "2026-02-07",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
This information is crucial for traders who need to make quick decisions based on market conditions.
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. For instance, a response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770422973,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This feature enhances user experience by providing seamless currency conversion capabilities.
Time-Series Endpoint
The Time-Series Endpoint allows querying for daily historical rates between two dates. A sample response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-31",
"end_date": "2026-02-07",
"base": "USD",
"rates": {
"2026-01-31": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-02-02": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-02-07": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint is particularly useful for developers looking to visualize trends over a specified period.
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. A typical response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-31",
"end_date": "2026-02-07",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This data is essential for traders and analysts who need to understand market volatility.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. A sample response might look like this:
{
"success": true,
"timestamp": 1770422973,
"base": "USD",
"date": "2026-02-07",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
This endpoint is crucial for traders looking to analyze market performance over time.
Historical LME Endpoint
The Historical LME Endpoint allows access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those interested in long-term trends and analysis.
Conclusion
The Metals-API is a transformative tool for developers seeking to access real-time and historical data on metals, including the Eritrean Nakfa (ERN). By leveraging its various endpoints, developers can create applications that provide valuable insights and enhance user experience. As the financial landscape continues to evolve, the integration of such APIs will play a crucial role in shaping the future of financial technology.
For more information, visit the Metals-API Website, explore the Metals-API Documentation, and check out the Metals-API Supported Symbols for a comprehensive list of available currencies and metals.