Bitcoin's purchasing power in 2016
BTC opened 2016 at $431.62 and closed at $981.01 (+127.3% on the year). Over 366 trading days, BTC ranged from $367.63 (low) to $981.01 (high).
Bitcoin in commodities, 2016 open vs close
- 1 BTC → gold
- 0.405 oz → 0.851 oz
- 1 BTC → silver
- 31.17 oz → 61.18 oz
- BTC USD high / low
- $981.01 / $367.63
Month-by-month closes
Each row uses the last available trading day of the month for the BTC/USD, BTC/XAU, and BTC/XAG ratios.
| Month-end | BTC USD | 1 BTC in gold | 1 BTC in silver |
|---|---|---|---|
| Jan 2016 | $372.23 | 0.331 oz | 25.99 oz |
| Feb 2016 | $437.20 | 0.353 oz | 29.34 oz |
| Mar 2016 | $416.10 | 0.337 oz | 26.95 oz |
| Apr 2016 | $452.31 | 0.350 oz | 25.51 oz |
| May 2016 | $527.23 | 0.434 oz | 32.95 oz |
| Jun 2016 | $667.78 | 0.505 oz | 35.69 oz |
| Jul 2016 | $630.58 | 0.466 oz | 30.88 oz |
| Aug 2016 | $572.34 | 0.437 oz | 30.69 oz |
| Sep 2016 | $605.62 | 0.460 oz | 31.57 oz |
| Oct 2016 | $699.11 | 0.548 oz | 39.08 oz |
| Nov 2016 | $741.84 | 0.632 oz | 44.93 oz |
| Dec 2016 | $981.01 | 0.851 oz | 61.18 oz |