Get Malagasy Ariary (MGA) Historical Prices using this API

In today's fast-paced financial landscape, obtaining accurate and timely data is crucial for making informed decisions. For developers and analysts working with metals, accessing historical prices of the Malagasy Ariary (MGA) can be a game-changer. This blog post delves into how you can leverage the Metals-API to retrieve historical prices and gain insights into market trends.

Understanding the Importance of Historical Prices

Historical price data is vital for various applications, including financial analysis, investment strategies, and market forecasting. By analyzing past trends, developers can create applications that predict future movements, assess risk, and optimize trading strategies. The ability to access historical prices for metals like Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD) through the Metals-API empowers developers to build robust financial tools.

About Magnesium (MG)

While this blog focuses on the Malagasy Ariary, it’s essential to understand the broader context of metals in the market. Magnesium, although not a primary focus of the Metals-API, represents the digital transformation occurring in metal markets. The integration of smart technology and data analytics is revolutionizing how metals are traded and valued.

Technological advancements have paved the way for real-time data access, allowing developers to create applications that provide insights into market fluctuations. The Metals-API exemplifies this transformation, offering a suite of endpoints that deliver real-time and historical data.

Exploring Metals-API Capabilities

The Metals-API Documentation provides comprehensive information on how to utilize its features effectively. The API is designed to empower developers with the tools necessary to access and analyze metal prices seamlessly. Here are some of the key features and endpoints that make this API a powerful resource:

Latest Rates Endpoint

The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for metals. Depending on your subscription plan, this endpoint updates every 60 minutes or even more frequently. This feature is crucial for applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1771719563,
"base": "USD",
"date": "2026-02-22",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is essential for trend analysis. The Historical Rates Endpoint allows users to query historical exchange rates for most currencies dating back to 2019. By appending a specific date to your request, you can retrieve past prices, enabling you to analyze trends over time.

{
"success": true,
"timestamp": 1771633163,
"base": "USD",
"date": "2026-02-21",
"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 provides real-time bid and ask prices for metals, which is crucial for traders looking to make informed decisions. This feature allows developers to integrate live market data into their applications, enhancing the user experience.

{
"success": true,
"timestamp": 1771719563,
"base": "USD",
"date": "2026-02-22",
"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 is a powerful feature that allows users to convert any amount from one currency to another. This is particularly useful for applications that require currency conversion for transactions or reporting.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771719563,
"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 specified dates. This feature is invaluable for analyzing trends over a defined period, enabling users to visualize price movements effectively.

{
"success": true,
"timeseries": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"base": "USD",
"rates": {
"2026-02-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-22": {
"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 essential for understanding market volatility and making informed trading decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"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 users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on candlestick patterns and other technical analysis tools.

{
"success": true,
"timestamp": 1771719563,
"base": "USD",
"date": "2026-02-22",
"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 users interested in the London Metal Exchange prices, allowing for comprehensive historical analysis.

Authentication and Security

To access the Metals-API, developers must use an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures that only authorized users can access the data, enhancing security. It is crucial to keep this key confidential and implement best practices for API security, such as rate limiting and error handling.

Performance Optimization and Best Practices

When integrating the Metals-API into your applications, consider performance optimization strategies. Caching frequently requested data can significantly reduce API calls, improving response times and reducing costs. Additionally, implementing error handling and recovery strategies will enhance the robustness of your application.

Conclusion

In conclusion, the Metals-API offers a comprehensive suite of features that empower developers to access historical prices of metals, including the Malagasy Ariary (MGA). By leveraging endpoints such as the Latest Rates, Historical Rates, and Time-Series, developers can create powerful applications that provide valuable insights into market trends. The integration of real-time data, coupled with robust security measures and performance optimization strategies, positions the Metals-API as a leading resource for financial data in the metal markets.

For more information, explore the Metals-API Supported Symbols and dive deeper into the Metals-API Documentation to unlock the full potential of this innovative API.