Get Israeli New Sheqel (ILS) prices using this API

Get Israeli New Sheqel (ILS) Prices Using This API

In the rapidly evolving landscape of financial technology, the ability to access real-time data is paramount for developers and businesses alike. The Israeli New Sheqel (ILS) is a vital currency in the Middle East, and understanding its dynamics can significantly impact trading and investment strategies. This blog post delves into the Metals-API, a powerful tool that provides comprehensive access to ILS prices and other metal rates, while exploring the transformative potential of real-time data in the metal markets.

About Israeli New Sheqel (ILS)

The Israeli New Sheqel (ILS) is the official currency of Israel, known for its stability and resilience in the face of regional economic fluctuations. As the global economy increasingly embraces digital transformation, the metal markets are no exception. The integration of smart technologies and data analytics is reshaping how traders and investors interact with currencies like the ILS.

Technological innovation has paved the way for enhanced data insights, allowing stakeholders to make informed decisions based on real-time market conditions. The future of trading in metals and currencies is leaning towards automation and advanced analytics, where APIs like the Metals-API play a crucial role.

Understanding the Metals-API

The Metals-API is a robust platform that provides developers with the tools necessary to access real-time and historical data for various metals and currencies, including the Israeli New Sheqel. This API empowers developers to build next-generation applications that can analyze market trends, perform currency conversions, and track fluctuations in metal prices.

With a focus on innovation, the Metals-API offers a range of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data. The API is designed to be user-friendly, making it accessible for developers of all skill levels. For detailed documentation, developers can refer to the Metals-API Documentation.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints that provide unique functionalities. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for metals, including ILS. Depending on your subscription plan, the API can return updates every 60 minutes or even every 10 minutes. This feature is essential for traders who need to stay informed about the latest market conditions.

{
"success": true,
"timestamp": 1770250316,
"base": "USD",
"date": "2026-02-05",
"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 rates is crucial for analyzing trends over time. The Historical Rates Endpoint allows users to query data dating back to 2019. By appending a specific date, developers can retrieve past exchange rates, which can be invaluable for market analysis and forecasting.

{
"success": true,
"timestamp": 1770163916,
"base": "USD",
"date": "2026-02-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

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 looking to make informed decisions based on current market conditions. The bid price represents the maximum price that a buyer is willing to pay, while the ask price is the minimum price that a seller is willing to accept.

{
"success": true,
"timestamp": 1770250316,
"base": "USD",
"date": "2026-02-05",
"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"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one currency to another, including conversions to and from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770250316,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is essential for analyzing trends and making informed decisions based on past performance.

{
"success": true,
"timeseries": true,
"start_date": "2026-01-29",
"end_date": "2026-02-05",
"base": "USD",
"rates": {
"2026-01-29": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-31": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-05": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint allows users to track how currencies fluctuate on a day-to-day basis. This feature is particularly useful for traders who need to monitor volatility and make quick decisions based on market changes.

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-29",
"end_date": "2026-02-05",
"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"
}

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

The OHLC Price Endpoint provides users with the open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market trends and make informed decisions based on price movements.

{
"success": true,
"timestamp": 1770250316,
"base": "USD",
"date": "2026-02-05",
"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"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in analyzing long-term trends in metal prices.

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. This resource is invaluable for developers looking to integrate specific metals into their applications.

Conclusion

The ability to access real-time data for the Israeli New Sheqel (ILS) and other metals through the Metals-API is a game-changer for developers and traders alike. With features like the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API empowers users to make informed decisions based on accurate and timely information.

As the financial landscape continues to evolve, the integration of advanced technologies and data analytics will play a crucial role in shaping the future of trading. By leveraging the capabilities of the Metals-API, developers can build innovative applications that not only enhance trading strategies but also provide deeper insights into market dynamics.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage.