Integrate Danish Krone (DKK) price data using this API
Integrate Danish Krone (DKK) Price Data Using This API
In the rapidly evolving world of finance, integrating real-time data into applications has become essential for developers. The Metals-API provides a robust solution for accessing metal price data, including the Danish Krone (DKK) as a currency for conversion and analysis. This blog post will delve into the capabilities of the Metals-API, focusing on the integration of price data for metals such as Nickel (NI), and how developers can leverage this API to create innovative applications.
Metals-API Information
About Nickel (NI)
Nickel, represented by the symbol NI, is a vital metal in various industries, particularly in the production of stainless steel and batteries. As digital transformation reshapes metal markets, the demand for real-time data and analytics has surged. The integration of smart technology and data analytics allows businesses to make informed decisions, optimize operations, and predict market trends.
Technological advancements have paved the way for innovative applications that utilize real-time data. For instance, manufacturers can monitor nickel prices to adjust production schedules and pricing strategies. Furthermore, data analytics can provide insights into market fluctuations, enabling businesses to capitalize on favorable pricing conditions.
As we look to the future, the integration of advanced technologies such as artificial intelligence and machine learning will further enhance the ability to analyze and predict market trends in the nickel sector. The Metals-API plays a crucial role in this transformation by providing developers with the tools needed to access and utilize real-time metals data effectively.
API Description
The Metals-API is designed to empower developers to build next-generation applications that require real-time and historical data on metal prices. With its innovative features, the API allows for seamless integration into various applications, from financial dashboards to e-commerce platforms. The API's capabilities include accessing the latest rates, historical data, and even performing currency conversions.
For detailed information on how to use the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on endpoints, parameters, and response formats. Additionally, the Metals-API Supported Symbols page lists all available metal symbols, including Nickel (NI), Gold (XAU), Silver (XAG), and others.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes or more frequently depending on the subscription plan. For example, a developer can retrieve the latest nickel price in DKK, allowing for immediate integration into financial applications.
- Historical Rates Endpoint: Developers can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for trend analysis and market research.
- Bid And Ask Endpoint: This endpoint allows users to retrieve real-time bid and ask prices for metals, providing critical information for traders and investors.
- Convert Endpoint: The conversion feature enables users to convert amounts from one metal to another or to/from USD. This is particularly useful for applications that require multi-currency support.
- Time-Series Endpoint: This endpoint allows querying for daily historical rates between two dates, enabling developers to visualize trends over time.
- Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, which is essential for understanding market volatility.
- Carat Endpoint: This feature provides information about gold rates by carat, which is useful for jewelers and gold traders.
- Lowest/Highest Price Endpoint: Developers can query the API to get the lowest and highest prices for a specific date range, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Each user receives a unique API key, which is essential for authenticating requests.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency across responses.
- Available Endpoints: The API includes 14 endpoints, each offering distinct functionalities tailored to various user needs.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
Understanding the API's response structure is crucial for effective integration. Below are examples of responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1771978092,
"base": "USD",
"date": "2026-02-25",
"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
{
"success": true,
"timestamp": 1771891692,
"base": "USD",
"date": "2026-02-24",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-02-18",
"end_date": "2026-02-25",
"base": "USD",
"rates": {
"2026-02-18": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-20": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-25": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771978092,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-18",
"end_date": "2026-02-25",
"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
{
"success": true,
"timestamp": 1771978092,
"base": "USD",
"date": "2026-02-25",
"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
{
"success": true,
"timestamp": 1771978092,
"base": "USD",
"date": "2026-02-25",
"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 offers a comprehensive solution for developers looking to integrate real-time metal price data, including the Danish Krone (DKK) as a currency for conversion. With its extensive features and endpoints, the API empowers developers to create innovative applications that leverage real-time data for informed decision-making. By utilizing the API's capabilities, businesses can enhance their operational efficiency, optimize pricing strategies, and stay ahead of market trends.
For further exploration, developers are encouraged to visit the Metals-API Documentation for detailed guidance on implementation, and the Metals-API Supported Symbols page to familiarize themselves with available metal symbols. The Metals-API Website serves as a valuable resource for ongoing updates and support.