Get Bhutanese Ngultrum (BTN) prices using this API
Introduction
The Bhutanese Ngultrum (BTN) is a fascinating currency that reflects the unique economic landscape of Bhutan. As a developer, understanding the dynamics of BTN and its market can be crucial, especially when integrating real-time data into applications. This blog post will explore the Bhutanese Ngultrum, its market implications, and how the Metals-API can be utilized to access real-time metals data, including BTN prices. We will delve into the API's capabilities, endpoints, and practical applications, providing you with the knowledge to leverage this powerful tool effectively.
About Bhutanese Ngultrum (BTN)
The Bhutanese Ngultrum is the official currency of Bhutan, pegged to the Indian Rupee. This unique relationship with the Indian economy influences its value and stability. As Bhutan continues to embrace digital transformation, the integration of technology in financial markets, including metals trading, is becoming increasingly significant. The rise of data analytics and smart technology is reshaping how currencies like BTN are perceived and traded.
In recent years, technological advancements have enabled real-time tracking of currency fluctuations, allowing traders and developers to make informed decisions. The integration of data analytics provides insights into market trends, while the potential for future innovations promises to enhance the trading experience further. By utilizing APIs like Metals-API, developers can access a wealth of information that can be used to build next-generation applications that cater to the evolving needs of the market.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data on metal prices and currency conversions. This API empowers developers to create applications that require accurate and timely information about metals, including gold, silver, platinum, and palladium. With its robust features, the Metals-API stands out as a transformative solution for accessing metals data.
One of the key advantages of the Metals-API is its ability to deliver real-time data, allowing developers to build applications that respond to market changes instantly. The API supports various endpoints, each designed to cater to specific needs, from retrieving the latest rates to accessing historical data. This flexibility makes it an invaluable resource for developers looking to integrate metals data into their applications.
Key Features and Endpoints
The Metals-API offers a range of endpoints that provide different functionalities, making it a versatile tool for developers. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on your plan, you can receive updates every 60 minutes or even every 10 minutes. This feature is essential for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1769300019,
"base": "USD",
"date": "2026-01-25",
"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 to historical rates is crucial for analyzing trends over time. The Historical Rates Endpoint allows you to query data dating back to 2019 by appending a specific date to your request. This feature is particularly useful for developers looking to implement analytical tools or historical data comparisons.
{
"success": true,
"timestamp": 1769213619,
"base": "USD",
"date": "2026-01-24",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables developers to retrieve real-time bid and ask prices for metals. This information is vital for traders looking to make informed decisions based on current market conditions.
{
"success": true,
"timestamp": 1769300019,
"base": "USD",
"date": "2026-01-25",
"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"
}
Convert Endpoint
The Convert Endpoint allows you to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion functionalities.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769300019,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is essential for applications that require trend analysis over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-18",
"end_date": "2026-01-25",
"base": "USD",
"rates": {
"2026-01-18": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-20": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-25": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature is particularly useful for applications that require monitoring of market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-18",
"end_date": "2026-01-25",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows developers to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders looking to analyze market performance over time.
{
"success": true,
"timestamp": 1769300019,
"base": "USD",
"date": "2026-01-25",
"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"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for developers working with metals traded on the London Metal Exchange.
API Key and Response
Your API Key is essential for accessing the Metals-API. It is passed into the API base URL's access_key parameter. The API delivers exchange rates relative to USD by default, ensuring consistency across responses.
Available Endpoints
The Metals-API features a total of 14 endpoints, each providing unique functionalities. This extensive range allows developers to tailor their applications to meet specific needs, whether for real-time tracking, historical analysis, or conversion functionalities.
Supported Symbols Endpoint
The Supported Symbols Endpoint provides a constantly updated list of all available currencies and metals. This feature is crucial for developers who need to ensure they are working with the most current data.
For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
News Endpoint
The News Endpoint allows developers to retrieve the latest news articles related to various metals. This feature can be integrated into applications to provide users with up-to-date information on market trends and developments.
Conclusion
In conclusion, the Bhutanese Ngultrum represents a unique aspect of Bhutan's economy, and understanding its market dynamics is essential for developers working with financial applications. The Metals-API offers a comprehensive suite of tools that empower developers to access real-time and historical metals data, including BTN prices. By leveraging the various endpoints, developers can create innovative applications that respond to market changes, analyze trends, and provide valuable insights.
As the financial landscape continues to evolve, the integration of technology and data analytics will play a crucial role in shaping the future of currency trading. By utilizing the Metals-API, developers can stay ahead of the curve and build applications that meet the demands of a rapidly changing market.
For more information on how to get started with the Metals-API, check out the Metals-API Documentation. This resource provides detailed guidance on implementation, endpoint usage, and best practices for maximizing the API's capabilities.