XMR to XRP conversion chart
Monero to Ripple correlation
According to the correlation analysis, the XMR — XRP relationship is strong. Whenever there is a change in the price of XMR, then XRP also tends to follow the same pattern and they move together.
XMR Price Change and Market Cap
Currently, XMR price is 297.33 XRP and the 24-hour change is -3.75%. The market cap of Monero today is $60780 with a total of 59934.98 XMR in circulation. In the past 24 hours, XMR price peaked at 303.55 XRP and the least price was 287.75 XRP.
Monero Price Prediction
XMR price during the initial years of its launch grew at a steady pace and there were no dramatic fluctuations. Monero price sky-rocketed in 2017 and recorded its all-time high, $495.84, on January 7, 2018. At the beginning of 2020, Monero price was just under $50. The first two months sparked hopes for a bull run in the community when the Monero price increased almost twofold. Bears were quick to hit the market once again in March following the economic recession and COVID-19 pandemic which lead to the fall of Monero price back to where it began the year 2020, which is around $50. By the end of June, the same year, the XMR price increased gradually to $60.
Monero price predictions suggest that by 2025 Monero price would be around $250 which is a very reasonable prediction considering the historical performance of XMR. In a more distant future, we may see Monero reach new heights. Monero is a unique offering from the crypto community to the masses to safeguard their identity while transacting money.
Monero Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store XMR, monitor live Monero prices and also exchange it from ChangeHero without leaving the application.
XMR to XRP exchange margin
Considering today’s exchange rate, an XMR to XRP conversion would result in an output of 297.33 XRP.
How to convert Monero to XRP
Monero and XRP comparison
Monero is an open-source blockchain with a major emphasis on privacy. Monero blockchain is opaque by default and transaction details like amount and addresses are encrypted. The project is completely decentralized and community-driven. XMR is accepted at various online stores.
XRP was initially issued by the Ripple Network in 2013. Ripple is a payment processing network on the blockchain which aims to cut down the fees and time required for cross-border payments. The XRPL is transparent, and Ripple works closely with traditional banks in achieving this.
What is Monero?
Monero is one of the first cryptocurrencies with a privacy-centric approach. Monero began with the whitepaper in 2013 by Nicolas van Saberhagen. Later, Bitcoin developers Gregory Maxwell and Andrew Poelstra joined the development. Finally, Monero was launched in April 2014, it runs completely with the support of community development and is completely decentralized.
Unlike other cryptocurrencies, Monero blockchain is designed to be opaque. Monero uses ring signatures, ring confidential transactions and stealth addresses to ensure the privacy of the users. Some of the noticeable features of Monero include fungibility which makes it impossible for companies to reject Monero due to the transaction history. Furthermore, Monero supports dynamic scalability in which there’s no pre-set block size limit. Monero trades with the ticker XMR and uses the Proof-of-Work consensus algorithm. Mining of Monero can be carried out with a personal computer and ASICs are not mandatory.
Monero to XRP conversion details
XMR to XRP Conversion Rate
Currently, the conversion rate for 1 XMR equals to 297.33 XRP. The 24-hour highest price of Monero in relation to XRP was 303.55 XRP and the lowest was 287.75 XRP. In short, XMR price in relation to XRP changed by -3.75%.
Instantly Exchange XMR for XRP
On ChangeHero you can instantly exchange Monero for Ripple without registrations. You can easily convert XMR to XRP in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XMR to XRP exchange.
XMR to XRP Exchange with the Best Rate
For this type of Monero to Ripple exchange, we search through various exchanges for the XMR — XRP pair and find the most competitive rate available in the market. An XMR to XRP converter provides you with an estimation of the amount of XRP you will receive.
As soon as you accept the terms and the XMR is deposited, the exchange will be automatically processed. We remind you that the final amount of XRP you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XMR to XRP.
XMR to XRP Conversion with the Fixed Rate
For the Fixed Rate exchange of Monero to Ripple, ChangeHero finds a good rate for the pair XMR — XRP and fixes the rate for up to 15 minutes. In the Fixed Rate exchange of XMR to XRP, you will receive the exact amount of XRP which was shown in the XMR to XRP converter's estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned XRP address. ChangeHero is the best place to exchange XMR for XRP fast and safely with access to the most attractive exchange rates.
Frequently asked questions
How long does it take to convert XMR to XRP?
Usually, an XMR—XRP exchange takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XMR to XRP?
No, you do not require an account to swap XMR to XRP on ChangeHero. There will be no registrations for your Monero to Ripple exchange transaction.
Do I need to go through KYC procedures for XMR to XRP exchange?
There will be no KYC for the XMR — XRP exchange by default. However, if during the XMR—XRP conversion our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I convert XRP to XMR?
Yes, you can instantly exchange XRP to XMR on ChangeHero.