Get Qatari Riyal (QAR) prices using this API
Get Qatari Riyal (QAR) Prices Using This API
The Qatari Riyal (QAR) is a vital currency in the Gulf region, particularly in Qatar, where it plays a crucial role in the economy. With the rise of digital transformation in financial markets, developers and businesses are increasingly looking for efficient ways to access real-time data on currency exchange rates, including the QAR. The Metals-API is an innovative solution that provides comprehensive access to real-time and historical data on various metals and currencies, including the Qatari Riyal. This blog post will delve into the capabilities of the Metals-API, its endpoints, and how it can empower developers to create next-generation applications.
About Qatari Riyal (QAR)
The Qatari Riyal is pegged to the US dollar, which provides stability and predictability in exchange rates. As Qatar continues to invest in technological innovation and advancement, the demand for accurate and timely financial data has never been higher. The integration of smart technology and data analytics into the financial sector is transforming how businesses operate, allowing for more informed decision-making and strategic planning.
In the context of metals and currencies, the QAR's value can fluctuate based on various factors, including global market trends, geopolitical events, and economic indicators. Understanding these fluctuations is essential for traders, investors, and businesses operating in the region. The Metals-API offers a robust platform to track these changes in real-time, providing insights that can drive better financial outcomes.
API Description
The Metals-API is a powerful tool designed for developers seeking to access real-time metals data and currency conversion capabilities. It provides a wide range of endpoints that allow users to retrieve the latest rates, historical data, and even perform conversions between different currencies and metals. The API is built with a focus on innovation and technological advancement, making it an essential resource for anyone looking to leverage financial data in their applications.
With the Metals-API, developers can create applications that not only provide real-time data but also analyze trends and fluctuations in the market. This capability is particularly useful for financial analysts, traders, and businesses that rely on accurate data to make informed decisions. The API's comprehensive documentation, available at Metals-API Documentation, ensures that developers can easily integrate its features into their projects.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each designed to provide specific functionalities that cater to different needs. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint is a cornerstone of the Metals-API, allowing users to access real-time exchange rate data. Depending on the subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute data, such as trading platforms or financial dashboards.
{
"success": true,
"timestamp": 1772064822,
"base": "USD",
"date": "2026-02-26",
"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
For businesses and analysts looking to track trends over time, the Historical Rates endpoint provides access to exchange rates dating back to 2019. Users can query historical data by appending a specific date to the API request, allowing for in-depth analysis of market trends and historical performance.
{
"success": true,
"timestamp": 1771978422,
"base": "USD",
"date": "2026-02-25",
"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 particularly useful for traders, as it provides real-time bid and ask prices for various metals. This feature allows users to gauge market sentiment and make informed trading decisions based on current market conditions.
{
"success": true,
"timestamp": 1772064822,
"base": "USD",
"date": "2026-02-26",
"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, making it easy to perform calculations across different currencies and metals. This feature is particularly useful for businesses operating in multiple markets or for individuals looking to understand the value of their assets in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1772064822,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
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 analysts looking to identify trends over specific periods, enabling them to make data-driven decisions based on historical performance.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-19",
"end_date": "2026-02-26",
"base": "USD",
"rates": {
"2026-02-19": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-21": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-26": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature is particularly useful for traders who need to understand market volatility and make quick decisions based on changing conditions.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-19",
"end_date": "2026-02-26",
"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 essential data for traders looking to analyze market performance over specific periods. It returns the open, high, low, and close prices for a given date, enabling users to assess market trends and make informed trading decisions.
{
"success": true,
"timestamp": 1772064822,
"base": "USD",
"date": "2026-02-26",
"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 businesses involved in trading metals on the London Metal Exchange, allowing them to analyze historical performance and make informed trading decisions.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols, including but not limited to:
- XAU - Gold
- XAG - Silver
- XPT - Platinum
- XPD - Palladium
For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
Conclusion
The Metals-API is a powerful tool for developers and businesses looking to access real-time and historical data on metals and currencies, including the Qatari Riyal. Its extensive range of endpoints allows for a variety of applications, from real-time trading platforms to in-depth market analysis tools. By leveraging the capabilities of the Metals-API, developers can create innovative applications that provide valuable insights into market trends and fluctuations.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the comprehensive documentation available. With the right tools and data at your fingertips, the possibilities for innovation in the financial sector are limitless.