diff --git a/README.rst b/README.rst
index 3a90fd2..4079d3b 100644
--- a/README.rst
+++ b/README.rst
@@ -14,7 +14,7 @@ Python Monero module
 
 A comprehensive Python module for handling Monero cryptocurrency.
 
-* release 0.5
+* release 0.5.1
 * open source: https://github.com/monero-ecosystem/monero-python
 * works with Monero 0.12.x and `the latest source`_ (at least we try to keep up)
 * Python 2.x and 3.x compatible
diff --git a/docs/source/conf.py b/docs/source/conf.py
index 683d59b..fa3e2bb 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -55,9 +55,9 @@ author = 'Michal Salaban'
 # built documents.
 #
 # The short X.Y version.
-version = '0.5'
+version = '0.5.1'
 # The full version, including alpha/beta/rc tags.
-release = '0.5'
+release = '0.5.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/monero/__init__.py b/monero/__init__.py
index 8756aca..9b0f7b2 100644
--- a/monero/__init__.py
+++ b/monero/__init__.py
@@ -1,3 +1,3 @@
 from . import address, account, daemon, wallet, numbers, prio, wordlists, seed
 
-__version__ = '0.5'
+__version__ = '0.5.1'