Step-by-step guide to get Somali Shilling (SOS) prices using this API

Step-by-step guide to get Somali Shilling (SOS) prices using the Metals-API

The Somali Shilling (SOS) is the official currency of Somalia, and understanding its value in the global market is crucial for various financial transactions and economic analyses. In this guide, we will explore how to retrieve real-time and historical prices of the Somali Shilling using the Metals-API. This API provides comprehensive data on metals and currencies, enabling developers to build applications that require accurate and timely financial information.

Understanding the Metals-API

The Metals-API is a powerful tool designed for developers looking to access real-time and historical data on metal prices and currency exchange rates. With its innovative features, the API allows users to integrate financial data seamlessly into their applications. The API supports a wide range of functionalities, including retrieving the latest rates, historical data, and even performing currency conversions.

About Tellurium (TE)

When discussing Tellurium, it is essential to consider its role in the digital transformation of metal markets. As industries increasingly rely on data analytics and insights, Tellurium represents a significant advancement in technological innovation. The integration of smart technology into metal markets allows for real-time tracking of prices and trends, empowering developers to create applications that respond to market fluctuations effectively.

Future trends indicate that the demand for metals like Tellurium will continue to grow, driven by advancements in technology and the need for sustainable materials. The Metals-API plays a crucial role in this transformation by providing developers with the tools necessary to harness data and create innovative solutions.

API Description

The Metals-API offers a robust set of features that empower developers to build next-generation applications. By providing real-time metals data, the API enables users to access critical information that can influence trading decisions and market strategies. The API is designed with a focus on innovation and technological advancement, making it an essential resource for anyone working in the financial sector.

For detailed information on how to use the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints and their functionalities, ensuring that developers can implement the API effectively.

Key Features and Endpoints

The Metals-API comes equipped with several key features that enhance its usability and functionality. Below are some of the most notable endpoints:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or every 10 minutes, allowing users to stay informed about the latest market conditions.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for analyzing trends and making informed decisions based on past performance.
• Bid And Ask Endpoint: This powerful feature retrieves real-time bid and ask prices, providing insights into market dynamics and helping traders make strategic decisions.
• Convert Endpoint: The API includes a currency conversion feature, allowing users to convert amounts from one currency to another seamlessly. This is particularly useful for businesses operating in multiple currencies.
• Time-Series Endpoint: Users can query the API for daily historical rates between two chosen dates, enabling detailed analysis of price movements over time.
• Fluctuation Endpoint: This endpoint provides information on how currencies fluctuate on a day-to-day basis, offering insights into market volatility.
• Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and investors in precious metals.
• Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of metals over a specified period.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific time period, providing a comprehensive view of market performance.
• Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, making it a valuable resource for historical analysis.
• API Key: Each user is assigned a unique API key, which must be included in requests to authenticate access to the API.
• API Response: The API delivers exchange rates relative to USD, ensuring consistency and ease of understanding.
• Available Endpoints: The Metals-API offers 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the most current information.
• Intraday Endpoint: Users can query intraday exchange rate data for a single symbol, allowing for real-time trading decisions.

List of Symbols

The 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 essential for developers looking to understand the available options and how to implement them in their applications.

API Endpoint Examples and Responses

Understanding how to interpret API responses is crucial for effective implementation. 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": 1786579787,
"base": "USD",
"date": "2026-08-13",
"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": 1786493387,
"base": "USD",
"date": "2026-08-12",
"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": "2026-08-06",
"end_date": "2026-08-13",
"base": "USD",
"rates": {
"2026-08-06": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-08-08": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-08-13": {
"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": 1786579787,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2026-08-06",
"end_date": "2026-08-13",
"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": 1786579787,
"base": "USD",
"date": "2026-08-13",
"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": 1786579787,
"base": "USD",
"date": "2026-08-13",
"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 provides a comprehensive solution for developers looking to access real-time and historical data on the Somali Shilling (SOS) and other currencies. By leveraging the various endpoints and features offered by the API, developers can create applications that respond to market changes and provide valuable insights into financial trends.

For further exploration of the API's capabilities, refer to the Metals-API Documentation and the Metals-API Supported Symbols page. By understanding the intricacies of the API, developers can harness its potential to build innovative financial applications that meet the demands of today's dynamic market.