Currency exchange rate Burundi Franc against the Dropil. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Burundi Franc currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about BIF/DROP

Chart of History of changes in the BIF/DROP exchange rate

BIF/DROP exchange rate on today

10 23, 2020
1 BIF = 22.6299 DROP
▲ 0.81 %

This page provides information about the currency pair Burundi Franc/Dropil, and more precisely about how much 1 Burundi Franc costs in Dropil.

Data on the currency pair BIF/DROP 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 BIF/DROP 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 Burundi Franc/Dropil, 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:

  1. 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.

  2. 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.

  3. 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.

  4. 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 BIF/DROP exchange rate over the past 30 days

For the last 30 days (09 24, 2020 — 10 23, 2020) the Burundi Franc exchange rate against the Dropil currency changed by 2.54% (22.0685 DROP — 22.6299 DROP)

Change in the BIF/DROP exchange rate over the past 90 days

For the last 90 days (07 26, 2020 — 10 23, 2020) the Burundi Franc exchange rate against the Dropil currency changed by -69.78% (74.8727 DROP — 22.6299 DROP)

Change in the BIF/DROP exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 10 23, 2020) the Burundi Franc exchange rate against the Dropil currency changed by 159.98% (8.704416 DROP — 22.6299 DROP)

Change in the BIF/DROP exchange rate for all time

For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Burundi Franc exchange rate against the Dropil currency changed by 159.98% (8.704416 DROP — 22.6299 DROP)

Burundi Franc/Dropil price prediction

Burundi Franc/Dropil price prediction for the next 30 days*

14/05 22.6557 DROP ▲ 0.11 %
15/05 22.6797 DROP ▲ 0.11 %
16/05 22.6689 DROP ▼ -0.05 %
17/05 22.6689 DROP ▲ 0 %
18/05 22.6524 DROP ▼ -0.07 %
19/05 22.6666 DROP ▲ 0.06 %
20/05 22.6823 DROP ▲ 0.07 %
21/05 22.6845 DROP ▲ 0.01 %
22/05 24.8098 DROP ▲ 9.37 %
23/05 27.3926 DROP ▲ 10.41 %
24/05 27.2813 DROP ▼ -0.41 %
25/05 27.007 DROP ▼ -1.01 %
26/05 27.5077 DROP ▲ 1.85 %
27/05 28.0959 DROP ▲ 2.14 %
28/05 27.5665 DROP ▼ -1.88 %
29/05 26.3527 DROP ▼ -4.4 %
30/05 25.0096 DROP ▼ -5.1 %
31/05 24.829 DROP ▼ -0.72 %
01/06 24.1471 DROP ▼ -2.75 %
02/06 24.0492 DROP ▼ -0.41 %
03/06 24.186 DROP ▲ 0.57 %
04/06 24.3906 DROP ▲ 0.85 %
05/06 24.7174 DROP ▲ 1.34 %
06/06 25.0953 DROP ▲ 1.53 %
07/06 24.678 DROP ▼ -1.66 %
08/06 24.2781 DROP ▼ -1.62 %
09/06 24.586 DROP ▲ 1.27 %
10/06 23.9924 DROP ▼ -2.41 %
11/06 22.2859 DROP ▼ -7.11 %
12/06 21.9967 DROP ▼ -1.3 %

* — Price prediction of the Burundi Franc/Dropil 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.

Burundi Franc/Dropil price prediction for the next 3 months*

20/05 — 26/05 22.5884 DROP ▼ -0.18 %
27/05 — 02/06 22.5895 DROP ▲ 0 %
03/06 — 09/06 7.745373 DROP ▼ -65.71 %
10/06 — 16/06 7.737012 DROP ▼ -0.11 %
17/06 — 23/06 7.718811 DROP ▼ -0.24 %
24/06 — 30/06 7.72836 DROP ▲ 0.12 %
01/07 — 07/07 7.727893 DROP ▼ -0.01 %
08/07 — 14/07 7.718156 DROP ▼ -0.13 %
15/07 — 21/07 9.544192 DROP ▲ 23.66 %
22/07 — 28/07 8.99735 DROP ▼ -5.73 %
29/07 — 04/08 9.057868 DROP ▲ 0.67 %
05/08 — 11/08 8.441779 DROP ▼ -6.8 %

Burundi Franc/Dropil price prediction for the next year*

06/2024 476.12 DROP ▲ 2003.94 %
07/2024 417.79 DROP ▼ -12.25 %
08/2024 485.26 DROP ▲ 16.15 %
09/2024 317.11 DROP ▼ -34.65 %
10/2024 21.7185 DROP ▼ -93.15 %
11/2024 21.7579 DROP ▲ 0.18 %
12/2024 22.5048 DROP ▲ 3.43 %

Burundi Franc/Dropil exchange rate statistics

For 30 days
Minimum 21.9813 DROP
Maximum 27.6232 DROP
Weighted Average 24.5269 DROP
For 90 days
Minimum 21.8838 DROP
Maximum 75.56 DROP
Weighted Average 36.4922 DROP
For 365 days
Minimum 8.825257 DROP
Maximum 154.87 DROP
Weighted Average 62.2075 DROP

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department