Hedera Investment Calculator
What would buying HBAR have been worth? Pick a plan and a start date and this replays it against real daily Hedera closes.
What HBAR actually did, in the data this page replays
Measured from the 2,542 daily closes this page replays — 29 September 2019 to 13 September 2026, from Binance. Figures are bounded by that window, not by the asset’s whole life.
| History available | 7 years (from Binance) |
|---|---|
| Bought on the first day, held to the last | 2.11× |
| Highest close in this window | $0.505 on 15 September 2021 |
| Where it sits against that high | 85.2% below |
| Deepest fall | −92.8%, 15 September 2021 → 31 December 2022 |
| Time to get back to that peak | still below it |
| Separate falls of 50% or more | 4 |
| Days spent more than 20% below a previous peak | 94.3% |
| Best calendar year | 2021: +780.5% |
| Worst calendar year | 2022: -87.8% |
| Annualised volatility | 124% |
HBAR year by year
First close to last close each year. 2019 and 2026 are partial — the data starts mid-2019 and 2026 is still running.
| Year | Change | Note |
|---|---|---|
| 2019 | -71.2% | partial year |
| 2020 | +207.6% | |
| 2021 | +780.5% | best full year |
| 2022 | -87.8% | worst full year |
| 2023 | +125.5% | |
| 2024 | +194% | |
| 2025 | -63.9% | |
| 2026 | -34.5% | partial year |
The part the calculator does not show you
Held from the first day in this data to the last, HBAR returned 2.11×. That headline is the easy part. The number underneath it is that the position spent 94.3% of all days more than 20% below a previous peak — so for most of the time you owned it, you were looking at a figure lower than one you had already seen.
The deepest fall took HBAR down 92.8%, from $0.505 on 15 September 2021 to $0.0365 on 31 December 2022 — 16 months of falling. HBAR has not been back to that peak since. Anyone who bought on 15 September 2021 is still waiting, 5 years and 8 months later — which is the scenario a backtest showing a positive average return quietly averages away.
At 124% annualised volatility, HBAR sits in the top band of anything on this site — the drawdown figures above, not the average, are the number to plan around. All HBAR calculators →
Frequently asked questions
＋Would buying HBAR on the first day of this data and holding have made money?
Yes — 2.11× from 29 September 2019 to 13 September 2026. The figure is real but it is also the single luckiest entry available in this window, and it required holding through a fall of 92.8% on the way. Set the calculator to a date you might plausibly have chosen instead and the answer usually changes a great deal.
＋What is the worst HBAR has fallen?
92.8% in this data, from 15 September 2021 down to 31 December 2022 — 16 months of falling. It has not returned to that peak since, so anyone who bought at the top is still waiting. Bear in mind our HBAR series starts in 2019; a deeper fall before that date would not appear here.
＋How often does HBAR lose half its value?
4 separate falls of 50% or more appear in this data, and the position spent 94.3% of all days more than 20% below a previous peak. A drop of that size is not an exceptional event for this asset — it is a recurring feature of the record, which is the thing to size a position around.
＋What were HBAR's best and worst years?
2021 was the best at +780.5%, and 2022 the worst at -87.8%. The gap between those two is the reason a single average annual return is a poor description of this asset: almost nobody experiences the average, they experience one of the two extremes depending on when they bought.
＋Is 7 years of data enough to trust this backtest?
Reasonably. 7 years spans roughly one full cycle for HBAR — enough for the drawdown figure to mean something, not enough to call it a pattern. The assets here with a decade or more behind them support firmer conclusions.
What to keep in mind for HBAR
HBAR is heavily driven by enterprise-adoption and council-membership news, which makes it prone to gapping on announcements rather than drifting.
Hedera fees are quoted in fixed US-dollar terms — a fraction of a cent for a transfer — so they neither spike with congestion nor scale with the HBAR price.
A backtest is one path that already happened. It shows what this plan produced through the exact sequence of prices HBAR went through — not what a similar plan will produce through a sequence nobody has seen yet.