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Get historical data for Eritrean Nakfa (ERN) prices using this API

Get historical data for Eritrean Nakfa (ERN) prices using this API

Get historical data for Eritrean Nakfa (ERN) prices using this API

Get Historical Data for Eritrean Nakfa (ERN) Prices Using Metals-API

The Eritrean Nakfa (ERN) is the official currency of Eritrea, a nation located in the Horn of Africa. As the global economy continues to evolve, the demand for accurate and timely financial data has never been more critical. This is where the Metals-API comes into play, offering developers a powerful tool to access historical data for the Nakfa and other currencies. In this blog post, we will explore the capabilities of the Metals-API, focusing on how it can be utilized to retrieve historical data for the Eritrean Nakfa, as well as its innovative features and endpoints that empower developers to create next-generation applications.

About Eritrean Nakfa (ERN)

The Nakfa is subdivided into 100 cents and has been in use since 1997, replacing the Ethiopian Birr at par. The currency is named after the town of Nakfa, which holds historical significance for Eritrea. Understanding the Nakfa's value in relation to other currencies is essential for businesses, investors, and analysts who operate in or with Eritrea. With the rise of digital transformation in metal markets, the integration of technological innovation and data analytics has become paramount. The Metals-API provides a comprehensive solution for accessing real-time and historical exchange rates, enabling users to gain insights into market trends and make informed decisions.

API Description

The Metals-API is a powerful JSON API that provides access to real-time and historical exchange rates for metals and currencies. It is designed to facilitate the integration of financial data into applications, allowing developers to build tools that can analyze market trends, perform currency conversions, and track price fluctuations. The API's capabilities extend beyond simple data retrieval; it empowers developers to harness the potential of data analytics and smart technology integration to create innovative solutions.

With the Metals-API, developers can access a variety of endpoints that cater to different needs. For instance, the Latest Rates Endpoint provides real-time exchange rate data, while the Historical Rates Endpoint allows users to query historical data dating back to 2019. This flexibility enables developers to create applications that can analyze trends over time, providing valuable insights into the performance of the Nakfa against other currencies.

Key Features and Endpoints

The Metals-API offers a range of endpoints, each designed to serve specific functionalities. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This allows users to stay informed about the latest market conditions.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a date in the format YYYY-MM-DD, developers can retrieve the exchange rate for that specific day, making it easier to analyze trends over time.
  • Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity and pricing strategies.
  • Convert Endpoint: The conversion endpoint allows users to convert any amount from one currency to another, facilitating seamless transactions and financial analysis.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it ideal for trend analysis and forecasting.
  • Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and helping to inform trading strategies.
  • 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: Users can query the API to get the lowest and highest prices for a specified date, helping to identify market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for a specified date, essential for technical analysis.
  • Historical LME Endpoint: This endpoint allows users to access historical rates for LME symbols dating back to 2008, providing a wealth of data for analysis.
  • API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
  • Available Endpoints: The API includes 14 endpoints, each providing different 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: 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 metals into their applications.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1777940023,
"base": "USD",
"date": "2026-05-05",
"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": 1777853623,
"base": "USD",
"date": "2026-05-04",
"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": "2026-04-28",
"end_date": "2026-05-05",
"base": "USD",
"rates": {
"2026-04-28": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-04-30": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-05-05": {
"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": 1777940023,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2026-04-28",
"end_date": "2026-05-05",
"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": 1777940023,
"base": "USD",
"date": "2026-05-05",
"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": 1777940023,
"base": "USD",
"date": "2026-05-05",
"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 robust and versatile solution for developers looking to access historical data for the Eritrean Nakfa (ERN) and other currencies. By leveraging the API's various endpoints, developers can create applications that analyze market trends, perform currency conversions, and track price fluctuations with ease. The integration of advanced data analytics and smart technology allows for innovative solutions that can transform how financial data is utilized in the modern economy.

For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation. This resource provides comprehensive guidance on using the API effectively, including detailed explanations of each endpoint and its functionalities. Additionally, for a complete list of supported symbols, visit the Metals-API Supported Symbols page.

As the financial landscape continues to evolve, staying informed and equipped with the right tools is essential for success. The Metals-API stands out as a leader in providing accurate and timely financial data, making it an invaluable resource for developers and businesses alike.

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