Get Malaysian Ringgit (MYR) prices using this API
Get Malaysian Ringgit (MYR) Prices Using This API
The Malaysian Ringgit (MYR) is a vital currency in Southeast Asia, particularly in the dynamic metal markets. As the world increasingly embraces digital transformation, the integration of technology in financial transactions and data analytics has become paramount. The Metals-API offers a robust solution for developers seeking real-time data on metal prices, including the MYR. This blog post delves into the capabilities of the Metals-API, exploring its features, endpoints, and the transformative potential of real-time metals data.
About Malaysian Ringgit (MYR)
The Malaysian Ringgit serves as the official currency of Malaysia, symbolized as MYR. It plays a crucial role in the trading of metals, which are often priced in USD but have significant implications for local markets. The digital transformation of metal markets has led to an increased demand for accurate and timely data. With the rise of technological innovations, data analytics, and smart technology integration, the future of metal trading is evolving rapidly.
As developers and businesses look to harness the power of data, the Metals-API stands out as a key player in providing essential insights into metal prices, including those related to MYR. By leveraging this API, developers can create applications that offer real-time pricing, historical data analysis, and conversion capabilities, all of which are essential for making informed trading decisions.
API Description
The Metals-API is designed to provide developers with access to real-time and historical data on metal prices, including various endpoints that cater to different needs. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With a focus on innovation and technological advancement, the Metals-API is a transformative tool in the world of metals trading.
For comprehensive guidance on how to utilize the API, developers can refer to the Metals-API Documentation, which outlines the various features and functionalities available.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different functionalities, making it a versatile tool for developers. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need the most current pricing information.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a date to your query, you can retrieve past prices, which is crucial for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time Bid and Ask prices, providing insights into market liquidity and pricing strategies.
- Convert Endpoint: The conversion endpoint enables users to convert any amount from one currency to another, facilitating seamless transactions across different currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, which is vital for understanding market volatility.
- Carat Endpoint: Access information about Gold rates by Carat, which is particularly useful for jewelers and investors in precious metals.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, aiding in market analysis and decision-making.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for a specific date, essential for traders looking to analyze market performance.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for long-term market analysis.
- API Key: Your unique API Key is required to access the API, ensuring secure and authenticated requests.
- API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The API includes 14 endpoints, each providing distinct functionalities to cater to various user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring users have access to the latest information.
- 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.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. 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": 1771805677,
"base": "USD",
"date": "2026-02-23",
"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": 1771719277,
"base": "USD",
"date": "2026-02-22",
"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": "2026-02-16",
"end_date": "2026-02-23",
"base": "USD",
"rates": {
"2026-02-16": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-18": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-23": {
"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": 1771805677,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-16",
"end_date": "2026-02-23",
"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": 1771805677,
"base": "USD",
"date": "2026-02-23",
"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": 1771805677,
"base": "USD",
"date": "2026-02-23",
"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 is an invaluable resource for developers looking to access real-time and historical data on metal prices, including the Malaysian Ringgit (MYR). With its extensive range of endpoints and features, the API empowers developers to create innovative applications that can analyze market trends, track price fluctuations, and facilitate currency conversions. By leveraging the capabilities of the Metals-API, businesses can stay ahead in the rapidly evolving metal markets.
For further exploration, developers are encouraged to visit the Metals-API Documentation for detailed guidance on implementation, and to check the Metals-API Supported Symbols page for a comprehensive list of available metal symbols. The future of metal trading is bright, and with the right tools, developers can harness the power of real-time data to drive their success.