Bananas, per lb priced in Bitcoin: 2015 to 2025
Priced in fiat
Priced in sats
Bananas, per lb (per lb) cost $0.58 in 2015 and $0.65 in 2025, a change of +12% in US dollars across 10 years. The figures are annual averages from US Bureau of Labor Statistics, Average Price Data, Bananas, per lb (series APU0000711211). The fiat peak in this series came in 2025 at $0.65.
Priced in sats, the same item went from 212,454 sats to 637 sats, a change of −99.7%. The conversion uses the yearly average BTC price for each matching year, never a rate from a different era. The least flattering single step for the sats series was 2021 to 2022, when this item moved +83% in sats terms. Short windows can and do run against the holder; the direction across the full series is what the chart shows.
America's bananas are as famously stable as Britain's, which is exactly why their collapse in sats terms is so clean a demonstration.
One grocery line proves nothing on its own. Repeated across the whole basket on the main page, the pattern stops looking like noise and starts looking like a property of the unit of account.
| Year | US dollars | Sats |
|---|---|---|
| 2015 | $0.58 | 212,454 |
| 2016 | $0.57 | 98,107 |
| 2017 | $0.56 | 13,254 |
| 2018 | $0.57 | 7,818 |
| 2019 | $0.57 | 7,677 |
| 2020 | $0.58 | 4,915 |
| 2021 | $0.60 | 1,258 |
| 2022 | $0.64 | 2,307 |
| 2023 | $0.63 | 2,139 |
| 2024 | $0.62 | 928 |
| 2025 | $0.65 | 637 |
Source: US Bureau of Labor Statistics, Average Price Data, Bananas, per lb (APU0000711211). Sats = fiat price ÷ BTC price in that currency × 100,000,000, using yearly average BTC rates. Data vintage 2026-07-05. Full method on the main page.