Currency exchange rate CFA Franc BCEAO against the Decred. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the CFA Franc BCEAO currency exchange rate against the Decred currency:
currency exchange rate history, background information, prediction and more about XOF/DCR
Chart of History of changes in the XOF/DCR exchange rate
XOF/DCR exchange rate on today
06 01, 2024
1 XOF = 0.00007582 DCR
▲ 3.81 %
This page provides information about the currency pair CFA Franc BCEAO/Decred, and more precisely about how much 1 CFA Franc BCEAO costs in Decred.
Data on the currency pair XOF/DCR are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair XOF/DCR and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of CFA Franc BCEAO/Decred, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the XOF/DCR exchange rate over the past 30 days
For the last 30 days (05 03, 2024 — 06 01, 2024) the CFA Franc BCEAO exchange rate against the Decred currency changed by 3.83% (0.00007302 DCR — 0.00007582 DCR)
Change in the XOF/DCR exchange rate over the past 90 days
For the last 90 days (03 04, 2024 — 06 01, 2024) the CFA Franc BCEAO exchange rate against the Decred currency changed by 29.41% (0.00005859 DCR — 0.00007582 DCR)
Change in the XOF/DCR exchange rate over the past 365 days
For the last 365 days (06 03, 2023 — 06 01, 2024) the CFA Franc BCEAO exchange rate against the Decred currency changed by -22.75% (0.00009815 DCR — 0.00007582 DCR)
Change in the XOF/DCR exchange rate for all time
For all the time our site has been running (04 10, 2020 — 06 01, 2024) the CFA Franc BCEAO exchange rate against the Decred currency changed by -38.05% (0.00012239 DCR — 0.00007582 DCR)
CFA Franc BCEAO/Decred price prediction
CFA Franc BCEAO/Decred price prediction for the next 30 days*
02/06 | 0.00007014 DCR | ▼ -7.49 % |
03/06 | 0.00006883 DCR | ▼ -1.88 % |
04/06 | 0.00006919 DCR | ▲ 0.54 % |
05/06 | 0.00006773 DCR | ▼ -2.12 % |
06/06 | 0.00006848 DCR | ▲ 1.12 % |
07/06 | 0.00007102 DCR | ▲ 3.71 % |
08/06 | 0.00007402 DCR | ▲ 4.22 % |
09/06 | 0.00007555 DCR | ▲ 2.06 % |
10/06 | 0.00007677 DCR | ▲ 1.61 % |
11/06 | 0.00007794 DCR | ▲ 1.53 % |
12/06 | 0.00007979 DCR | ▲ 2.37 % |
13/06 | 0.00008172 DCR | ▲ 2.42 % |
14/06 | 0.00007804 DCR | ▼ -4.51 % |
15/06 | 0.00007438 DCR | ▼ -4.69 % |
16/06 | 0.00007247 DCR | ▼ -2.56 % |
17/06 | 0.00007049 DCR | ▼ -2.74 % |
18/06 | 0.00007453 DCR | ▲ 5.74 % |
19/06 | 0.00007368 DCR | ▼ -1.15 % |
20/06 | 0.00007035 DCR | ▼ -4.51 % |
21/06 | 0.00007019 DCR | ▼ -0.23 % |
22/06 | 0.00007292 DCR | ▲ 3.88 % |
23/06 | 0.00007451 DCR | ▲ 2.19 % |
24/06 | 0.00007343 DCR | ▼ -1.45 % |
25/06 | 0.00007228 DCR | ▼ -1.57 % |
26/06 | 0.00007065 DCR | ▼ -2.26 % |
27/06 | 0.00007318 DCR | ▲ 3.58 % |
28/06 | 0.00007425 DCR | ▲ 1.46 % |
29/06 | 0.00007451 DCR | ▲ 0.35 % |
30/06 | 0.00007411 DCR | ▼ -0.53 % |
01/07 | 0.00007372 DCR | ▼ -0.53 % |
* — Price prediction of the CFA Franc BCEAO/Decred currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
CFA Franc BCEAO/Decred price prediction for the next 3 months*
03/06 — 09/06 | 0.0000747 DCR | ▼ -1.47 % |
10/06 — 16/06 | 0.00007323 DCR | ▼ -1.97 % |
17/06 — 23/06 | 0.00006977 DCR | ▼ -4.72 % |
24/06 — 30/06 | 0.00007142 DCR | ▲ 2.37 % |
01/07 — 07/07 | 0.00009164 DCR | ▲ 28.3 % |
08/07 — 14/07 | 0.00008134 DCR | ▼ -11.23 % |
15/07 — 21/07 | 0.00009037 DCR | ▲ 11.1 % |
22/07 — 28/07 | 0.00008315 DCR | ▼ -7.99 % |
29/07 — 04/08 | 0.00009429 DCR | ▲ 13.4 % |
05/08 — 11/08 | 0.0000848 DCR | ▼ -10.07 % |
12/08 — 18/08 | 0.00008123 DCR | ▼ -4.21 % |
19/08 — 25/08 | 0.00008291 DCR | ▲ 2.07 % |
CFA Franc BCEAO/Decred price prediction for the next year*
07/2024 | 0.00007676 DCR | ▲ 1.24 % |
07/2024 | 0.00008364 DCR | ▲ 8.96 % |
08/2024 | 0.00009567 DCR | ▲ 14.38 % |
09/2024 | 0.00008967 DCR | ▼ -6.27 % |
10/2024 | 0.00009742 DCR | ▲ 8.64 % |
11/2024 | 0.00008208 DCR | ▼ -15.75 % |
12/2024 | 0.00006877 DCR | ▼ -16.21 % |
01/2025 | 0.00007875 DCR | ▲ 14.51 % |
02/2025 | 0.00006413 DCR | ▼ -18.56 % |
03/2025 | 0.00004918 DCR | ▼ -23.32 % |
04/2025 | 0.00006409 DCR | ▲ 30.32 % |
05/2025 | 0.00005871 DCR | ▼ -8.4 % |
CFA Franc BCEAO/Decred exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.00007104 DCR |
Maximum | 0.00008243 DCR |
Weighted Average | 0.00007487 DCR |
For 90 days | |
Minimum | 0.00005056 DCR |
Maximum | 0.00008243 DCR |
Weighted Average | 0.00006736 DCR |
For 365 days | |
Minimum | 0.00005056 DCR |
Maximum | 0.00012758 DCR |
Weighted Average | 0.00009487 DCR |
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