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Get Namibian Dollar (NAD) prices using this API

Get Namibian Dollar (NAD) prices using this API

Get Namibian Dollar (NAD) prices using this API

Get Namibian Dollar (NAD) Prices Using This API

The Namibian Dollar (NAD) is a crucial currency in the Southern African region, and understanding its value is essential for businesses and individuals involved in trade, investment, and finance. With the advent of digital transformation in metal markets, the ability to access real-time data through APIs has become increasingly important. This blog post will explore the capabilities of the Metals-API, focusing on how it can be utilized to obtain accurate and timely NAD prices, along with insights into the broader implications of technological advancements in the financial sector.

About Namibian Dollar (NAD)

The Namibian Dollar is pegged to the South African Rand, making it a vital currency for trade in the region. As the world moves towards digital transformation, the integration of smart technology in financial markets is reshaping how currencies are traded and valued. The Metals-API provides developers with the tools to harness data analytics and gain insights into market trends, enabling them to make informed decisions.

Technological innovation has paved the way for advanced data analytics, allowing for real-time tracking of currency fluctuations. The Metals-API stands at the forefront of this transformation, offering developers the ability to integrate real-time metals data into their applications. This capability not only enhances the user experience but also empowers businesses to adapt to market changes swiftly.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals and currencies, including the Namibian Dollar. This API is particularly beneficial for developers looking to build next-generation applications that require accurate and timely financial data. With its robust features, the Metals-API enables users to access a wealth of information, from the latest exchange rates to historical data dating back several years.

One of the standout features of the Metals-API is its ability to deliver data in a user-friendly JSON format, making it easy for developers to integrate into their applications. The API supports a variety of endpoints, each designed to cater to specific data needs. For instance, the Latest Rates Endpoint provides real-time exchange rate data, while the Historical Rates Endpoint allows users to access historical data for analysis and reporting.

For developers interested in currency conversion, the Convert Endpoint offers a straightforward way to convert amounts between different currencies. This is particularly useful for businesses operating in multiple regions, as it simplifies the process of managing foreign exchange transactions.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints that cater to different data requirements. Here are some of the key features:

  • 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 ensures that users have access to the most current market information.
  • Historical Rates Endpoint: Users can query historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for trend analysis and financial forecasting.
  • Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: This endpoint enables users to convert any amount from one currency to another, facilitating seamless transactions across different markets.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, allowing for comprehensive analysis of market trends over time.
  • Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis, helping users to understand market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is particularly useful for jewelers and investors in precious metals.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for a specified date.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific date, providing a comprehensive view of market performance.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering valuable insights for traders and analysts.
  • API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The API includes 14 endpoints, each providing different functionalities to cater to diverse user needs.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, allowing users to stay informed about the latest offerings.
  • News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them updated on market developments.

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 understand the various metals and currencies available for trading.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, here are some examples of API responses for various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
"success": true,
"timestamp": 1770077384,
"base": "USD",
"date": "2026-02-03",
"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": 1769990984,
"base": "USD",
"date": "2026-02-02",
"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": "2026-01-27",
"end_date": "2026-02-03",
"base": "USD",
"rates": {
"2026-01-27": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-29": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-03": {
"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": 1770077384,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-27",
"end_date": "2026-02-03",
"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": 1770077384,
"base": "USD",
"date": "2026-02-03",
"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": 1770077384,
"base": "USD",
"date": "2026-02-03",
"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 an invaluable resource for developers looking to access real-time and historical data on the Namibian Dollar and various metals. By leveraging the capabilities of this API, businesses can enhance their decision-making processes, optimize their trading strategies, and stay ahead of market trends. The integration of smart technology and data analytics into financial markets is not just a trend; it is the future of how we interact with currencies and commodities.

For more information on how to implement the Metals-API in your applications, refer to the Metals-API Documentation. This resource provides comprehensive guidance on utilizing the API's features effectively. Additionally, exploring the Metals-API Supported Symbols page will help you understand the various currencies and metals available for trading.

As the financial landscape continues to evolve, staying informed and adapting to new technologies will be key to success. The Metals-API not only empowers developers with the tools they need but also opens up new possibilities for innovation in the financial sector.

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