$1,000 in Monero in 2023

A $1,000 investment in Monero (XMR) made in January 2023 would be worth about $2,553 as of May 2026 (latest complete month) — a ×2.6 return, or +32.5% per year. Adjusted for US inflation (CPI), that equals $2,297 in 2023 dollars. The same $1,000 in the S&P 500 with dividends reinvested would have grown to $1,967.

In plain terms: after stripping out +11.2% US inflation since January 2023, today's $2,553 buys roughly what $2,297 bought back in 2023 — a ×2.3 gain in actual purchasing power.

Monero is the leading privacy coin: transactions hide sender, receiver and amount by default. Launched in 2014, XMR has survived repeated exchange delistings driven by regulation — a constraint on liquidity that has never quite killed the persistent demand for private money.

Data as of · updated weekly

Worth today
$2,553
×2.6 · +32.5%/yr
Inflation-adjusted
$2,297
in 2023 dollars
S&P 500 instead
$1,967
same period, dividends reinvested
Gold instead
$2,622
same period, futures price

The actual numbers: Monero since 2023

XMR price in January 2023$148.54
XMR price as of May 2026$379.28
Nominal return×2.6 (+32.5%/yr)
US CPI inflation since January 2023+11.2%
Real (inflation-adjusted) return×2.3 (+28.3%/yr)
Same money in the S&P 500$1,967

Methodology: start-of-month prices, one-time purchase, no fees or taxes assumed. Full methodology.

What happened in 2023

2023 was the quiet recovery from the FTX bottom: Bitcoin climbed from $16,500 to about $42,000 as fear faded and BlackRock's spot-ETF filing in June rewrote the institutional narrative.

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Year
Month
Worth today
$2,553
×2.6 · +32.5%/yr
Inflation-adjusted
$2,297
in 2023 dollars
S&P 500 instead
$1,967
dividends reinvested
Gold instead
$2,622
same period

Monero vs S&P 500 total return vs uninvested cash eroded by CPI. Monthly grid, start-of-month prices.

FAQ: Monero returns since 2023

How much would $1,000 invested in Monero in 2023 be worth today?

About $2,553 as of May 2026 — a ×2.6 return. Adjusted for inflation, that equals $2,297 in 2023 dollars. This assumes a one-time purchase in January 2023 at $148.54 and never selling.

What does “inflation-adjusted” mean here?

US consumer prices rose +11.2% between January 2023 and May 2026 (CPI). So $2,553 today buys roughly what $2,297 bought in 2023. We deflate by CPI to show the gain in actual purchasing power.

Did Monero beat the S&P 500 since 2023?

Yes. $1,000 in Monero grew to $2,553, versus $1,967 for the same money in the S&P 500 with dividends reinvested over the same period.

What was the average annual return of Monero since 2023?

+32.5% per year nominal (CAGR over 3.3 years), or +28.3% per year after CPI inflation.

Where does the data come from?

Crypto prices: Coin Metrics community data and Binance public market data. S&P 500: total-return index (^SP500TR). Inflation: US CPI (CPIAUCSL) from FRED. All series use a monthly grid and refresh weekly.

Monero in other years

201420152016201720182019202020212022202320242025

Other assets in 2023

Bitcoin BTCEthereum ETHSolana SOLDogecoin DOGECardano ADAXRP XRPLitecoin LTCBNB BNB

Educational purposes only — not investment advice and not a recommendation to buy or sell any asset. Past performance is not indicative of future results. Calculations assume a one-time purchase at the start-of-month price, no fees, no taxes and no selling.