Bitcoin Price in May 2016
In May 2016, bitcoin rose 18.5%, from $448.32 at the end of April to $531.39 per bitcoin on May 31, 2016. The highest close was $533.86 on May 30, 2016, the lowest $438.72 on May 19, 2016, and the average over 31 days was $461.95. Today's price is 14,440.1% higher than the May 2016 close.
Bitcoin ended May higher. What usually happens in June after a higher May →
- Bitcoin rose 18.5% in US dollars in May 2016, leaving it up 23.4% for the year to date.
- Measured in other currencies, the change ranged from +15.7% in ARS to +30.4% in ZAR, because exchange rates moved too.
- It did better than gold (−5.8%), silver (−10.2%) and US stocks (+1.8%).
- It closed higher on 21 days and lower on 10, with an average daily move of 1.29%.
- It set 3 record closing highs (daily closes since 2014), the last on 30 May.
- Bitcoin in ounces of gold: 0.3 → 0.4.
Bitcoin price chart, May 2016
US dollars per bitcoin · daily closeBitcoin in other currencies, May 2016
| Currency | Change in the month |
|---|---|
| ZAR | +30.4% |
| AUD | +25.0% |
| TRY | +24.2% |
| CAD | +23.5% |
| BRL | +22.1% |
| JPY | +21.4% |
| EUR | +20.9% |
| INR | +19.9% |
| GBP | +19.6% |
| PKR | +18.6% |
| NGN | +18.5% |
| ARS | +15.7% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes bitcoin rise more in local terms.
Bitcoin vs other assets, May 2016
| Asset | Change (USD) |
|---|---|
| Bitcoin | +18.5% |
| Gold | −5.8% |
| Silver | −10.2% |
| S&P 500 (with dividends) | +1.8% |
| US inflation (CPI, month) | +0.40% |
| Bitcoin, year to date (end of May) | +23.4% |
| Bitcoin in ounces of gold | 0.3 → 0.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Bitcoin Prices, May 2016
Closing price for every day, with the same price in INR and EUR at that day's exchange rate.
| Date | Close (USD per BTC) | Change | India, ₹ per BTC | Euro, € per BTC |
|---|---|---|---|---|
| May 1Sun | $451.88 | +0.79% | ₹30,013 | €394.22 |
| May 2Mon | $444.67 | −1.59% | ₹29,513 | €385.84 |
| May 3Tue | $450.30 | +1.27% | ₹29,987 | €391.45 |
| May 4Wed | $446.72 | −0.80% | ₹29,761 | €388.69 |
| May 5Thu | $447.98 | +0.28% | ₹29,836 | €392.74 |
| May 6Fri | $459.60 | +2.60% | ₹30,610 | €402.93 |
| May 7Sat | $458.54 | −0.23% | ₹30,539 | €402.00 |
| May 8Sun | $458.55 | 0.00% | ₹30,537 | €402.65 |
| May 9Mon | $460.48 | +0.42% | ₹30,724 | €404.35 |
| May 10Tue | $450.90 | −2.08% | ₹30,059 | €396.43 |
| May 11Wed | $452.73 | +0.41% | ₹30,148 | €396.18 |
| May 12Thu | $454.77 | +0.45% | ₹30,356 | €399.74 |
| May 13Fri | $455.67 | +0.20% | ₹30,416 | €400.53 |
| May 14Sat | $455.67 | 0.00% | ₹30,416 | €400.53 |
| May 15Sun | $457.57 | +0.42% | ₹30,611 | €404.31 |
| May 16Mon | $454.16 | −0.74% | ₹30,372 | €401.34 |
| May 17Tue | $453.78 | −0.08% | ₹30,344 | €401.01 |
| May 18Wed | $454.62 | +0.18% | ₹30,532 | €405.07 |
| May 19Thu | $438.72 | −3.50% | ₹29,603 | €391.51 |
| May 20Fri | $442.68 | +0.90% | ₹29,870 | €395.04 |
| May 21Sat | $443.19 | +0.12% | ₹29,905 | €395.50 |
| May 22Sun | $439.32 | −0.87% | ₹29,620 | €391.48 |
| May 23Mon | $444.16 | +1.10% | ₹29,957 | €396.01 |
| May 24Tue | $445.98 | +0.41% | ₹30,171 | €400.40 |
| May 25Wed | $449.60 | +0.81% | ₹30,260 | €402.89 |
| May 26Thu | $453.38 | +0.84% | ₹30,356 | €405.10 |
| May 27Fri | $473.46 | +4.43% | ₹31,700 | €423.04 |
| May 28Sat | $530.04 | +11.95% | ₹35,488 | €473.59 |
| May 29Sun | $526.23 | −0.72% | ₹35,270 | €473.66 |
| May 30Mon | $533.86 | +1.45% | ₹35,840 | €478.88 |
| May 31Tue | $531.39 | −0.46% | ₹35,726 | €477.18 |
How May usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in May 6 times out of 11, with an average move of +9.1% and a median of +9.3%. Every May since 2014 →
Bitcoin in May 2016: FAQ
What was the price of bitcoin in May 2016?
Bitcoin traded between $438.72 and $533.86 per bitcoin (daily closes) in May 2016, averaging $461.95. It closed the month at $531.39.
How much did bitcoin go up in May 2016?
Bitcoin rose 18.5%, from $448.32 to $531.39. The biggest daily rise was +11.9% on May 28, 2016 and the biggest fall −3.5% on May 19, 2016.
What was the bitcoin price on May 1, 2016?
Bitcoin closed at $451.88 per bitcoin on May 1, 2016, the first day of the month. India, ₹ per BTC: ₹30,013.
Is May usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in May 6 times out of 11, with an average move of +9.1% and a median of +9.3%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in May 2016?
Bitcoin rose 19.9% in Indian rupee terms in May 2016, compared with +18.5% in US dollars.
Did bitcoin beat stocks in May 2016?
Yes. Bitcoin was +18.5% for the month, against +1.8% for the S&P 500 with dividends.
Did bitcoin keep up with inflation in May 2016?
US consumer prices (CPI) changed +0.40% in May, so bitcoin's real (inflation-adjusted) change was about +18.1%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026bitcoinpriceinmay, author = {{Corgano}}, title = {Bitcoin Price in May 2016}, howpublished = {\url{https://bitcoinprice.corgano.com/bitcoin-price-history/2016/may}}, year = {2026}, note = {Corgano Bitcoin Price, accessed 2026-10-31}}