Retrieve Bahamian Dollar (BSD) prices via this API
Retrieve Bahamian Dollar (BSD) Prices via Metals-API
The Bahamian Dollar (BSD) is a vital currency in the Caribbean, particularly in the Bahamas, where it plays a crucial role in the economy. As the world increasingly embraces digital transformation, the integration of advanced technologies in financial markets, including metal markets, has become essential. The Metals-API offers a robust platform for developers to access real-time and historical data on various metals, including their prices in BSD. This blog post will delve into the capabilities of the Metals-API, exploring its features, endpoints, and the transformative potential it holds for developers and businesses alike.
About Bahamian Dollar (BSD)
The Bahamian Dollar is pegged to the US Dollar, making it a stable currency for trade and investment in the region. As the demand for precious metals continues to rise, understanding the dynamics of metal pricing in BSD is crucial for investors and traders. The Metals-API provides a comprehensive solution for accessing real-time exchange rates, historical data, and analytical insights that can empower businesses to make informed decisions.
In the context of digital transformation, the integration of smart technologies and data analytics into metal markets is revolutionizing how transactions are conducted. The Metals-API stands at the forefront of this transformation, offering developers the tools necessary to build next-generation applications that leverage real-time data for enhanced decision-making. By utilizing advanced data analytics, businesses can gain insights into market trends, optimize their trading strategies, and ultimately drive profitability.
API Description
The Metals-API is a powerful tool designed to provide developers with access to real-time and historical metal prices, including those expressed in Bahamian Dollars. With its user-friendly interface and comprehensive documentation, the API enables seamless integration into various applications, allowing for innovative use cases across industries. The API supports multiple endpoints, each tailored to specific functionalities, making it a versatile solution for developers.
For more detailed information, developers can refer to the Metals-API Documentation, which outlines the various features and capabilities of the API. The documentation provides insights into how to effectively utilize the API to retrieve data, manage requests, and handle responses.
Key Features and Endpoints
The Metals-API boasts a range of features that cater to the diverse needs of developers and businesses. Below are some of the key endpoints and their functionalities:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on the user's subscription plan. Depending on the plan, updates can occur every 60 minutes or every 10 minutes, ensuring that users have access to the most current pricing information.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the request, developers can retrieve past pricing data, which is essential for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows users to obtain real-time bid and ask prices for various metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion feature that enables users to convert amounts from one currency to another, facilitating transactions and financial analysis.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two selected dates, making it easier to analyze price movements over time.
- Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing valuable insights into market volatility.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is particularly useful for jewelers and investors in precious metals.
- Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of metals over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for specific time periods, which is crucial for technical analysis and trading strategies.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market 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 returns 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, 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. This resource is invaluable for developers looking to integrate specific metal data into their applications.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various API endpoints, including their expected responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1771805602,
"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": 1771719202,
"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": 1771805602,
"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": 1771805602,
"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": 1771805602,
"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 serves as a transformative tool for developers looking to integrate real-time and historical metal pricing data into their applications. By providing access to a wide range of endpoints, including the latest rates, historical data, and conversion capabilities, the API empowers businesses to make data-driven decisions in the ever-evolving metal markets. With the Bahamian Dollar being a significant currency in the region, understanding its relationship with metal prices is essential for traders and investors.
As the financial landscape continues to evolve, leveraging technologies like the Metals-API will be crucial for staying ahead of market trends. For developers interested in exploring the full potential of the Metals-API, the Metals-API Documentation provides comprehensive guidance on how to effectively utilize the API. Additionally, the Metals-API Supported Symbols page offers a complete list of available symbols, ensuring that developers have access to the data they need.
In summary, the Metals-API is not just a data provider; it is a gateway to innovation in the metal markets, enabling developers to create applications that harness the power of real-time data and analytics. As we look to the future, the integration of smart technologies and data-driven insights will undoubtedly shape the landscape of metal trading and investment.