Monero price

The graph above shows the price developments of Monero (XMR), a coin that has been around since 2014. You can view its entire price history on this page. Choose which time frame you would like some more details on by swiping left or right.

Monero’s value could change at any time. If you would like to keep track of the latest price developments, you could refresh this page every now and then. Or, even better, you could follow the live Monero price in the BLOX app. When you’re trading XMR, there is no closing time. Trading is done 24/7, all year round.

Even though Monero has no opening hours, it could help to check the price developments of the last 24 hours as a guideline. This way you might get an indication of which way the price will move next. Price movements can be quite simply explained: if the demand exceeds the supply, prices will rise. If the supply exceeds the demand, prices will decrease. But don’t be fooled, predicting price movements is no easy job.

If you look at the ROI (the Return On Investment) it shows how much profit you (could) have made when you bought Monero five years ago, or three years ago. But by looking at the table it also becomes clear that it wasn’t such a great time to purchase XMR one year ago. Who knows how things are looking in another couple of years!

Are you more interested in potential short term gains? In that case, we would recommend you to study the graph below. You might just spot an important trend. Free pro tip: The higher the price, the more the market cap increases! Use it as you please ;)

The value of a cryptocurrency like Monero is determined by two simple factors: What can you do with the coin? And what is the demand and supply?

The role and value of Monero in the entire cryptocurrency market, and maybe even in the whole world, is that the coin could replace cash money.

• On May 2, 2014, XMR was worth 2.21 euros.

• Turns out, the market wasn’t quite ready yet. At the end of 2014, the XMR price plummeted all the way down to 38 euro cents.

• Not much happened until February 2016: XMR’s value tripled to 1.50 euros!

• 2016 turned out to be quite a good year for Monero overall. Things really took off in August, and one year later XMR reached a price level of 129 euros.

   

Even though Monero's goal is noble and it is quite conceivable that Monero will take over the role of cash, make sure to invest cautiously. We always advise to invest an amount that you can afford to lose.