Currency exchange rate Decred against the CFA Franc BCEAO. Chart, history price and prediction on tomorrow, next month, 2023 year
On this page, you can always find detailed information about the Decred currency exchange rate against the CFA Franc BCEAO currency:
currency exchange rate history, background information, prediction and more about DCR/XOF
Chart of History of changes in the DCR/XOF exchange rate
DCR/XOF exchange rate on today
03 18, 2024
1 DCR = 16,827 XOF
▼ -2.96 %
This page provides information about the currency pair Decred/CFA Franc BCEAO, and more precisely about how much 1 Decred costs in CFA Franc BCEAO.
Data on the currency pair DCR/XOF 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 DCR/XOF 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 Decred/CFA Franc BCEAO, 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 DCR/XOF exchange rate over the past 30 days
For the last 30 days (02 18, 2024 — 03 18, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 45.17% (11,592 XOF — 16,827 XOF)
Change in the DCR/XOF exchange rate over the past 90 days
For the last 90 days (12 20, 2023 — 03 18, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 75.09% (9,610 XOF — 16,827 XOF)
Change in the DCR/XOF exchange rate over the past 365 days
For the last 365 days (03 20, 2023 — 03 18, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 23.21% (13,658 XOF — 16,827 XOF)
Change in the DCR/XOF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 03 18, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 105.95% (8,170 XOF — 16,827 XOF)
Decred/CFA Franc BCEAO price prediction
Decred/CFA Franc BCEAO price prediction for the next 30 days*
20/03 | 17,383 XOF | ▲ 3.31 % |
21/03 | 17,565 XOF | ▲ 1.04 % |
22/03 | 17,561 XOF | ▼ -0.02 % |
23/03 | 17,201 XOF | ▼ -2.05 % |
24/03 | 17,217 XOF | ▲ 0.1 % |
25/03 | 18,128 XOF | ▲ 5.29 % |
26/03 | 19,160 XOF | ▲ 5.69 % |
27/03 | 20,314 XOF | ▲ 6.02 % |
28/03 | 19,933 XOF | ▼ -1.88 % |
29/03 | 20,775 XOF | ▲ 4.23 % |
30/03 | 20,534 XOF | ▼ -1.16 % |
31/03 | 20,296 XOF | ▼ -1.16 % |
01/04 | 19,577 XOF | ▼ -3.55 % |
02/04 | 22,789 XOF | ▲ 16.41 % |
03/04 | 24,709 XOF | ▲ 8.43 % |
04/04 | 24,983 XOF | ▲ 1.11 % |
05/04 | 22,920 XOF | ▼ -8.26 % |
06/04 | 22,788 XOF | ▼ -0.58 % |
07/04 | 24,437 XOF | ▲ 7.24 % |
08/04 | 25,824 XOF | ▲ 5.67 % |
09/04 | 26,981 XOF | ▲ 4.48 % |
10/04 | 27,269 XOF | ▲ 1.07 % |
11/04 | 27,398 XOF | ▲ 0.47 % |
12/04 | 29,834 XOF | ▲ 8.89 % |
13/04 | 31,377 XOF | ▲ 5.17 % |
14/04 | 30,545 XOF | ▼ -2.65 % |
15/04 | 29,161 XOF | ▼ -4.53 % |
16/04 | 26,840 XOF | ▼ -7.96 % |
17/04 | 25,578 XOF | ▼ -4.7 % |
18/04 | 25,622 XOF | ▲ 0.17 % |
* — Price prediction of the Decred/CFA Franc BCEAO 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.
Decred/CFA Franc BCEAO price prediction for the next 3 months*
25/03 — 31/03 | 14,615 XOF | ▼ -13.15 % |
01/04 — 07/04 | 14,951 XOF | ▲ 2.3 % |
08/04 — 14/04 | 12,901 XOF | ▼ -13.72 % |
15/04 — 21/04 | 14,288 XOF | ▲ 10.76 % |
22/04 — 28/04 | 13,735 XOF | ▼ -3.87 % |
29/04 — 05/05 | 14,044 XOF | ▲ 2.25 % |
06/05 — 12/05 | 15,718 XOF | ▲ 11.92 % |
13/05 — 19/05 | 17,597 XOF | ▲ 11.95 % |
20/05 — 26/05 | 21,061 XOF | ▲ 19.69 % |
27/05 — 02/06 | 23,723 XOF | ▲ 12.64 % |
03/06 — 09/06 | 21,598 XOF | ▼ -8.96 % |
10/06 — 16/06 | 21,125 XOF | ▼ -2.19 % |
Decred/CFA Franc BCEAO price prediction for the next year*
04/2024 | 16,158 XOF | ▼ -3.97 % |
05/2024 | 14,071 XOF | ▼ -12.92 % |
06/2024 | 14,020 XOF | ▼ -0.36 % |
07/2024 | 13,095 XOF | ▼ -6.6 % |
08/2024 | 11,570 XOF | ▼ -11.64 % |
09/2024 | 12,055 XOF | ▲ 4.19 % |
10/2024 | 11,442 XOF | ▼ -5.09 % |
11/2024 | 12,762 XOF | ▲ 11.54 % |
12/2024 | 16,901 XOF | ▲ 32.42 % |
01/2025 | 14,142 XOF | ▼ -16.32 % |
02/2025 | 18,727 XOF | ▲ 32.42 % |
03/2025 | 21,798 XOF | ▲ 16.4 % |
Decred/CFA Franc BCEAO exchange rate statistics
For 30 days | |
---|---|
Minimum | 11,266 XOF |
Maximum | 20,873 XOF |
Weighted Average | 15,445 XOF |
For 90 days | |
Minimum | 9,096 XOF |
Maximum | 20,873 XOF |
Weighted Average | 12,327 XOF |
For 365 days | |
Minimum | 7,625 XOF |
Maximum | 20,873 XOF |
Weighted Average | 10,653 XOF |
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