Currency exchange rate Decred against the CFA Franc BCEAO. Chart, history price and prediction on tomorrow, next month, 2024 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
04 29, 2024
1 DCR = 13,437 XOF
▼ -1.59 %
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 (03 31, 2024 — 04 29, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by -25.98% (18,154 XOF — 13,437 XOF)
Change in the DCR/XOF exchange rate over the past 90 days
For the last 90 days (01 31, 2024 — 04 29, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 23.62% (10,869 XOF — 13,437 XOF)
Change in the DCR/XOF exchange rate over the past 365 days
For the last 365 days (05 01, 2023 — 04 29, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 12.66% (11,927 XOF — 13,437 XOF)
Change in the DCR/XOF exchange rate for all time
For all the time our site has been running (04 10, 2020 — 04 29, 2024) the Decred exchange rate against the CFA Franc BCEAO currency changed by 64.46% (8,170 XOF — 13,437 XOF)
Decred/CFA Franc BCEAO price prediction
Decred/CFA Franc BCEAO price prediction for the next 30 days*
30/04 | 13,328 XOF | ▼ -0.81 % |
01/05 | 12,934 XOF | ▼ -2.95 % |
02/05 | 12,031 XOF | ▼ -6.99 % |
03/05 | 11,258 XOF | ▼ -6.42 % |
04/05 | 11,201 XOF | ▼ -0.51 % |
05/05 | 11,138 XOF | ▼ -0.56 % |
06/05 | 11,176 XOF | ▲ 0.34 % |
07/05 | 12,157 XOF | ▲ 8.78 % |
08/05 | 12,479 XOF | ▲ 2.65 % |
09/05 | 12,038 XOF | ▼ -3.53 % |
10/05 | 11,758 XOF | ▼ -2.32 % |
11/05 | 11,359 XOF | ▼ -3.39 % |
12/05 | 10,512 XOF | ▼ -7.46 % |
13/05 | 9,021 XOF | ▼ -14.19 % |
14/05 | 8,645 XOF | ▼ -4.17 % |
15/05 | 9,045 XOF | ▲ 4.63 % |
16/05 | 8,873 XOF | ▼ -1.9 % |
17/05 | 8,961 XOF | ▲ 0.99 % |
18/05 | 9,082 XOF | ▲ 1.35 % |
19/05 | 9,298 XOF | ▲ 2.38 % |
20/05 | 9,746 XOF | ▲ 4.82 % |
21/05 | 10,141 XOF | ▲ 4.05 % |
22/05 | 10,169 XOF | ▲ 0.28 % |
23/05 | 10,340 XOF | ▲ 1.68 % |
24/05 | 10,439 XOF | ▲ 0.96 % |
25/05 | 9,956 XOF | ▼ -4.62 % |
26/05 | 9,586 XOF | ▼ -3.72 % |
27/05 | 9,185 XOF | ▼ -4.18 % |
28/05 | 9,234 XOF | ▲ 0.53 % |
29/05 | 9,015 XOF | ▼ -2.37 % |
* — 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*
06/05 — 12/05 | 13,407 XOF | ▼ -0.23 % |
13/05 — 19/05 | 15,086 XOF | ▲ 12.53 % |
20/05 — 26/05 | 18,076 XOF | ▲ 19.82 % |
27/05 — 02/06 | 23,234 XOF | ▲ 28.53 % |
03/06 — 09/06 | 25,087 XOF | ▲ 7.98 % |
10/06 — 16/06 | 22,545 XOF | ▼ -10.13 % |
17/06 — 23/06 | 23,375 XOF | ▲ 3.68 % |
24/06 — 30/06 | 24,012 XOF | ▲ 2.72 % |
01/07 — 07/07 | 23,219 XOF | ▼ -3.3 % |
08/07 — 14/07 | 16,022 XOF | ▼ -31 % |
15/07 — 21/07 | 17,510 XOF | ▲ 9.29 % |
22/07 — 28/07 | 15,175 XOF | ▼ -13.34 % |
Decred/CFA Franc BCEAO price prediction for the next year*
05/2024 | 13,241 XOF | ▼ -1.46 % |
06/2024 | 13,204 XOF | ▼ -0.28 % |
07/2024 | 12,029 XOF | ▼ -8.9 % |
08/2024 | 10,569 XOF | ▼ -12.14 % |
09/2024 | 11,073 XOF | ▲ 4.78 % |
10/2024 | 10,395 XOF | ▼ -6.13 % |
11/2024 | 11,455 XOF | ▲ 10.2 % |
12/2024 | 14,591 XOF | ▲ 27.37 % |
01/2025 | 12,645 XOF | ▼ -13.34 % |
02/2025 | 17,811 XOF | ▲ 40.85 % |
03/2025 | 25,518 XOF | ▲ 43.27 % |
04/2025 | 17,115 XOF | ▼ -32.93 % |
Decred/CFA Franc BCEAO exchange rate statistics
For 30 days | |
---|---|
Minimum | 12,307 XOF |
Maximum | 18,784 XOF |
Weighted Average | 14,975 XOF |
For 90 days | |
Minimum | 10,035 XOF |
Maximum | 20,873 XOF |
Weighted Average | 14,560 XOF |
For 365 days | |
Minimum | 7,625 XOF |
Maximum | 20,873 XOF |
Weighted Average | 10,907 XOF |
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