USD/XRP: what to know
The USD/XRP rate shows how much XRP you get for 1 USD. Right now, 1 USD buys 0.6920 XRP at the mid-market rate. In the other direction, 1 XRP is worth 1.4451 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while XRP responds to crypto-market sentiment and regulation.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. XRP is designed for fast, low-cost payments and cross-border settlement.
Over the past 12 months the USD/XRP rate has ranged between 0.3202 and 1.0075 — a change of +92.78% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.