How to Get Lao Kip (LAK) Historical Prices using this API
How to Get Lao Kip (LAK) Historical Prices using this API
In the ever-evolving landscape of financial markets, the ability to access historical prices of currencies like the Lao Kip (LAK) is crucial for developers and analysts alike. With the rise of digital transformation in metal markets, leveraging APIs such as Metals-API can provide invaluable insights into historical price trends, enabling informed decision-making and strategic planning. This blog post will delve into the intricacies of obtaining historical prices for Lao Kip using the Metals-API, exploring its features, capabilities, and the transformative potential of real-time metals data.
Metals-API Information
About Lao Kip (LAK)
The Lao Kip (LAK) is the official currency of Laos, a country known for its rich natural resources and vibrant culture. As the global economy becomes increasingly interconnected, the demand for accurate and timely financial data has surged. Digital transformation in metal markets has paved the way for technological innovations that allow for real-time data analytics and insights. By integrating smart technology into financial applications, developers can harness the power of data to predict market trends and make informed decisions.
As we explore the capabilities of the Metals-API, itβs essential to understand how this API empowers developers to build next-generation applications. With a focus on innovation and technological advancement, the Metals-API provides a robust platform for accessing historical prices, real-time data, and comprehensive market analysis. The future of financial data is here, and itβs driven by the integration of advanced technologies and data analytics.
API Description
The Metals-API is a powerful tool designed for developers seeking to access metals prices and currency conversion data. With its user-friendly interface and extensive documentation, the API allows for seamless integration into various applications. The API provides a range of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data dating back to 2019. This flexibility makes it an ideal choice for developers looking to enhance their applications with real-time financial data.
For more information on how to get started, you can visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to specific needs. 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 or more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data for analysis and reporting.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices, providing insights into market dynamics and helping traders make informed decisions.
- Convert Endpoint: The conversion endpoint allows for seamless currency conversion, enabling users to convert amounts from one currency to another with ease.
- Time-Series Endpoint: This endpoint allows developers to query the API for daily historical rates between two dates of their choice, facilitating trend analysis over time.
- Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and helping users make strategic decisions.
- Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and investors in precious metals.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API for the lowest and highest prices over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, which is crucial for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities to cater to diverse user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about 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 integrate specific metals into their applications.
API Endpoint Examples and Responses
Understanding the structure of API responses is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1771201256,
"base": "USD",
"date": "2026-02-16",
"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": 1771114856,
"base": "USD",
"date": "2026-02-15",
"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": "2026-02-09",
"end_date": "2026-02-16",
"base": "USD",
"rates": {
"2026-02-09": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-11": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-16": {
"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": 1771201256,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-09",
"end_date": "2026-02-16",
"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": 1771201256,
"base": "USD",
"date": "2026-02-16",
"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": 1771201256,
"base": "USD",
"date": "2026-02-16",
"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 offers a comprehensive solution for developers looking to access historical prices and real-time data for currencies like the Lao Kip (LAK). With its extensive range of endpoints and features, the API empowers users to build innovative applications that leverage data analytics and insights. By understanding the capabilities of the Metals-API, developers can harness the power of real-time metals data to drive informed decision-making and enhance their applications.
For further exploration, be sure to check out the Metals-API Documentation for detailed guidance on implementation, and refer to the Metals-API Supported Symbols page for a complete list of available symbols. The future of financial data is bright, and with the right tools, developers can unlock new possibilities in the world of finance.