Currency exchange rate CFA Franc BCEAO against the Electra. 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 Electra currency:
currency exchange rate history, background information, prediction and more about XOF/ECA
Chart of History of changes in the XOF/ECA exchange rate
XOF/ECA exchange rate on today
11 28, 2020
1 XOF = 23.4752 ECA
▲ 171.52 %
This page provides information about the currency pair CFA Franc BCEAO/Electra, and more precisely about how much 1 CFA Franc BCEAO costs in Electra.
Data on the currency pair XOF/ECA 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/ECA 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/Electra, 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/ECA exchange rate over the past 30 days
For the last 30 days (10 30, 2020 — 11 28, 2020) the CFA Franc BCEAO exchange rate against the Electra currency changed by 189.22% (8.116706 ECA — 23.4752 ECA)
Change in the XOF/ECA exchange rate over the past 90 days
For the last 90 days (09 07, 2020 — 11 28, 2020) the CFA Franc BCEAO exchange rate against the Electra currency changed by 279.1% (6.192367 ECA — 23.4752 ECA)
Change in the XOF/ECA exchange rate over the past 365 days
For the last 365 days (04 10, 2020 — 11 28, 2020) the CFA Franc BCEAO exchange rate against the Electra currency changed by 195.45% (7.945562 ECA — 23.4752 ECA)
Change in the XOF/ECA exchange rate for all time
For all the time our site has been running (04 10, 2020 — 11 28, 2020) the CFA Franc BCEAO exchange rate against the Electra currency changed by 195.45% (7.945562 ECA — 23.4752 ECA)
CFA Franc BCEAO/Electra price prediction
CFA Franc BCEAO/Electra price prediction for the next 30 days*
21/05 | 22.6173 ECA | ▼ -3.65 % |
22/05 | 21.9828 ECA | ▼ -2.81 % |
23/05 | 22.1579 ECA | ▲ 0.8 % |
24/05 | 22.8038 ECA | ▲ 2.92 % |
25/05 | 22.9459 ECA | ▲ 0.62 % |
26/05 | 23.3503 ECA | ▲ 1.76 % |
27/05 | 23.2893 ECA | ▼ -0.26 % |
28/05 | 21.6507 ECA | ▼ -7.04 % |
29/05 | 17.3423 ECA | ▼ -19.9 % |
30/05 | 17.2214 ECA | ▼ -0.7 % |
31/05 | 17.9353 ECA | ▲ 4.15 % |
01/06 | 18.7915 ECA | ▲ 4.77 % |
02/06 | 20.7784 ECA | ▲ 10.57 % |
03/06 | 20.1505 ECA | ▼ -3.02 % |
04/06 | 19.1329 ECA | ▼ -5.05 % |
05/06 | 19.4999 ECA | ▲ 1.92 % |
06/06 | 21.0414 ECA | ▲ 7.91 % |
07/06 | 21.0176 ECA | ▼ -0.11 % |
08/06 | 20.2423 ECA | ▼ -3.69 % |
09/06 | 21.4878 ECA | ▲ 6.15 % |
10/06 | 20.5087 ECA | ▼ -4.56 % |
11/06 | 20.3996 ECA | ▼ -0.53 % |
12/06 | 19.789 ECA | ▼ -2.99 % |
13/06 | 18.4756 ECA | ▼ -6.64 % |
14/06 | 17.9411 ECA | ▼ -2.89 % |
15/06 | 21.0515 ECA | ▲ 17.34 % |
16/06 | 20.3954 ECA | ▼ -3.12 % |
17/06 | 21.1495 ECA | ▲ 3.7 % |
18/06 | 24.1714 ECA | ▲ 14.29 % |
19/06 | 78.0947 ECA | ▲ 223.09 % |
* — Price prediction of the CFA Franc BCEAO/Electra 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/Electra price prediction for the next 3 months*
27/05 — 02/06 | 23.3531 ECA | ▼ -0.52 % |
03/06 — 09/06 | 27.3775 ECA | ▲ 17.23 % |
10/06 — 16/06 | 28.1044 ECA | ▲ 2.66 % |
17/06 — 23/06 | 33.1175 ECA | ▲ 17.84 % |
24/06 — 30/06 | 27.5811 ECA | ▼ -16.72 % |
01/07 — 07/07 | 30.8404 ECA | ▲ 11.82 % |
08/07 — 14/07 | 28.0722 ECA | ▼ -8.98 % |
15/07 — 21/07 | 28.1907 ECA | ▲ 0.42 % |
22/07 — 28/07 | 24.4338 ECA | ▼ -13.33 % |
29/07 — 04/08 | 25.3725 ECA | ▲ 3.84 % |
05/08 — 11/08 | 24.5966 ECA | ▼ -3.06 % |
12/08 — 18/08 | 98.6928 ECA | ▲ 301.25 % |
CFA Franc BCEAO/Electra price prediction for the next year*
06/2024 | 37.5932 ECA | ▲ 60.14 % |
07/2024 | 23.3486 ECA | ▼ -37.89 % |
08/2024 | 15.1374 ECA | ▼ -35.17 % |
09/2024 | 8.909208 ECA | ▼ -41.14 % |
10/2024 | 19.3689 ECA | ▲ 117.4 % |
11/2024 | 25.0906 ECA | ▲ 29.54 % |
12/2024 | 23.4222 ECA | ▼ -6.65 % |
01/2025 | 79.8383 ECA | ▲ 240.87 % |
CFA Franc BCEAO/Electra exchange rate statistics
For 30 days | |
---|---|
Minimum | 6.93514 ECA |
Maximum | 23.3803 ECA |
Weighted Average | 8.147646 ECA |
For 90 days | |
Minimum | 1.737376 ECA |
Maximum | 23.3803 ECA |
Weighted Average | 8.345387 ECA |
For 365 days | |
Minimum | 1.737376 ECA |
Maximum | 23.3803 ECA |
Weighted Average | 7.577757 ECA |
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