Retrieve Armenian Dram (AMD) prices through this API

Retrieve Armenian Dram (AMD) Prices through Metals-API

The Armenian Dram (AMD) is a crucial currency in the financial landscape of Armenia, and understanding its value in relation to metals can provide significant insights for traders, investors, and developers alike. With the advent of real-time data APIs, such as the Metals-API, accessing up-to-date information about AMD prices and their fluctuations has never been easier. This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to retrieve AMD prices and explore the broader implications of metal markets in the context of digital transformation and technological innovation.

About Nickel (NI)

Nickel, a key player in the metal markets, is not just a commodity; it represents a significant aspect of technological advancement and digital transformation. As industries evolve, the demand for nickel is projected to rise, particularly in battery production for electric vehicles and renewable energy technologies. The integration of smart technologies and data analytics into the metal markets is transforming how traders and developers interact with these commodities.

Data analytics provides insights that can drive decision-making processes, allowing stakeholders to predict market trends and make informed choices. The Metals-API plays a pivotal role in this transformation by offering real-time data that can be leveraged for various applications, from trading platforms to financial analysis tools. The future of nickel and other metals is intertwined with these technological advancements, making it essential for developers to harness the power of APIs like Metals-API.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical data on metal prices, including the Armenian Dram (AMD). This API empowers users to build next-generation applications that require accurate and timely data. With its extensive capabilities, the Metals-API allows for seamless integration into various platforms, enabling developers to create innovative solutions that cater to the needs of traders and investors.

For more information on how to get started, visit the Metals-API Documentation, which provides comprehensive guidance on utilizing the API effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, allowing users to retrieve essential data efficiently. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that users have access to the most current information.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date in the format YYYY-MM-DD, developers can query the API for past rates, allowing for in-depth analysis of market trends over time.
• Bid And Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for metals, providing critical information for traders looking to make informed decisions based on market conditions.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert amounts between different currencies, including metals and the Armenian Dram. This is particularly useful for traders operating in multiple markets.
• Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, facilitating the analysis of price movements over time.
• Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders strategize accordingly.
• Carat Endpoint: This endpoint provides information about gold rates by carat, which is essential for jewelers and investors in the jewelry market.
• Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for metals over a specified period, aiding in market analysis and investment decisions.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive analysis of long-term trends.
• API Key: Each user is assigned a unique API key, which is required to access the API's features securely.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
• Available Endpoints: The Metals-API includes 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them 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.

API Endpoint Examples and Responses

Understanding how to interpret API responses is crucial for developers. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1778976605,
"base": "USD",
"date": "2026-05-17",
"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"
}

This response indicates a successful request, providing the latest rates for various metals against USD. Each metal is represented by its symbol, and the rates are given per troy ounce.

Historical Rates Endpoint

{
"success": true,
"timestamp": 1778890205,
"base": "USD",
"date": "2026-05-16",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This example shows a successful request for historical rates, indicating the rates for specific metals on a given date. Developers can utilize this data for trend analysis and forecasting.

Time-series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2026-05-10",
"end_date": "2026-05-17",
"base": "USD",
"rates": {
"2026-05-10": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-05-12": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-05-17": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response provides a time series of rates for specific dates, allowing developers to visualize trends and fluctuations over time.

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1778976605,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

The Convert Endpoint allows users to convert a specified amount from one currency to another. In this case, it shows the conversion of 1000 USD to gold (XAU), providing the result in troy ounces.

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2026-05-10",
"end_date": "2026-05-17",
"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"
}

This endpoint tracks fluctuations in metal prices over a specified period, providing valuable insights into market volatility.

OHLC (Open/High/Low/Close) Endpoint

{
"success": true,
"timestamp": 1778976605,
"base": "USD",
"date": "2026-05-17",
"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"
}

The OHLC endpoint provides critical data for traders, allowing them to analyze price movements and make informed decisions based on historical performance.

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1778976605,
"base": "USD",
"date": "2026-05-17",
"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"
}

This response provides current bid and ask prices for metals, which is essential for traders looking to execute orders at the best possible prices.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers and traders looking to access real-time and historical data on metal prices, including the Armenian Dram (AMD). By leveraging the various endpoints offered by the API, users can gain insights into market trends, track fluctuations, and make informed decisions based on accurate data. The integration of smart technologies and data analytics into the metal markets is transforming the landscape, and APIs like Metals-API are at the forefront of this change.

For those interested in exploring the capabilities of the Metals-API further, I encourage you to visit the Metals-API Documentation for detailed guidance on implementation and usage. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available symbols, ensuring that users have access to the latest information. By harnessing the power of the Metals-API, developers can create innovative applications that cater to the evolving needs of the metal markets.