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

On this page, you can always find detailed information about the Guinea Franc currency exchange rate against the Cred currency:
currency exchange rate history, background information, prediction and more about GNF/CRED

Chart of History of changes in the GNF/CRED exchange rate

GNF/CRED exchange rate on today

10 23, 2020
1 GNF = 0.00858243 CRED
▲ 1.16 %

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

Data on the currency pair GNF/CRED 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 GNF/CRED 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 Guinea Franc/Cred, 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 GNF/CRED exchange rate over the past 30 days

For the last 30 days (09 24, 2020 — 10 23, 2020) the Guinea Franc exchange rate against the Cred currency changed by -21.43% (0.01092333 CRED — 0.00858243 CRED)

Change in the GNF/CRED exchange rate over the past 90 days

For the last 90 days (07 26, 2020 — 10 23, 2020) the Guinea Franc exchange rate against the Cred currency changed by -32.66% (0.0127448 CRED — 0.00858243 CRED)

Change in the GNF/CRED exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 10 23, 2020) the Guinea Franc exchange rate against the Cred currency changed by -70.24% (0.0288426 CRED — 0.00858243 CRED)

Change in the GNF/CRED exchange rate for all time

For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Guinea Franc exchange rate against the Cred currency changed by -70.24% (0.0288426 CRED — 0.00858243 CRED)

Guinea Franc/Cred price prediction

Guinea Franc/Cred price prediction for the next 30 days*

19/05 0.00859179 CRED ▲ 0.11 %
20/05 0.00859416 CRED ▲ 0.03 %
21/05 0.0086076 CRED ▲ 0.16 %
22/05 0.0086076 CRED ▲ 0 %
23/05 0.00858015 CRED ▼ -0.32 %
24/05 0.00857958 CRED ▼ -0.01 %
25/05 0.00857794 CRED ▼ -0.02 %
26/05 0.00857954 CRED ▲ 0.02 %
27/05 0.00772858 CRED ▼ -9.92 %
28/05 0.00648719 CRED ▼ -16.06 %
29/05 0.00646554 CRED ▼ -0.33 %
30/05 0.00640952 CRED ▼ -0.87 %
31/05 0.00651737 CRED ▲ 1.68 %
01/06 0.00665051 CRED ▲ 2.04 %
02/06 0.00654792 CRED ▼ -1.54 %
03/06 0.00633014 CRED ▼ -3.33 %
04/06 0.00603531 CRED ▼ -4.66 %
05/06 0.00600228 CRED ▼ -0.55 %
06/06 0.00585716 CRED ▼ -2.42 %
07/06 0.00583963 CRED ▼ -0.3 %
08/06 0.00589286 CRED ▲ 0.91 %
09/06 0.00594057 CRED ▲ 0.81 %
10/06 0.00603341 CRED ▲ 1.56 %
11/06 0.00612448 CRED ▲ 1.51 %
12/06 0.00601441 CRED ▼ -1.8 %
13/06 0.00589038 CRED ▼ -2.06 %
14/06 0.00672522 CRED ▲ 14.17 %
15/06 0.00708142 CRED ▲ 5.3 %
16/06 0.00674216 CRED ▼ -4.79 %
17/06 0.00677489 CRED ▲ 0.49 %

* — Price prediction of the Guinea Franc/Cred 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.

Guinea Franc/Cred price prediction for the next 3 months*

20/05 — 26/05 0.00692795 CRED ▼ -19.28 %
27/05 — 02/06 0.00935102 CRED ▲ 34.98 %
03/06 — 09/06 0.00586762 CRED ▼ -37.25 %
10/06 — 16/06 0.00385415 CRED ▼ -34.31 %
17/06 — 23/06 0.02296853 CRED ▲ 495.94 %
24/06 — 30/06 0.00682023 CRED ▼ -70.31 %
01/07 — 07/07 0.00677543 CRED ▼ -0.66 %
08/07 — 14/07 0.00675683 CRED ▼ -0.27 %
15/07 — 21/07 0.00453589 CRED ▼ -32.87 %
22/07 — 28/07 0.0041579 CRED ▼ -8.33 %
29/07 — 04/08 0.00417996 CRED ▲ 0.53 %
05/08 — 11/08 0.00504311 CRED ▲ 20.65 %

Guinea Franc/Cred price prediction for the next year*

06/2024 0.00410056 CRED ▼ -52.22 %
07/2024 0.00540584 CRED ▲ 31.83 %
08/2024 0.00368363 CRED ▼ -31.86 %
09/2024 0.00341726 CRED ▼ -7.23 %
10/2024 0.00745641 CRED ▲ 118.2 %
11/2024 0.00321138 CRED ▼ -56.93 %
12/2024 0.00246547 CRED ▼ -23.23 %

Guinea Franc/Cred exchange rate statistics

For 30 days
Minimum 0.00736962 CRED
Maximum 0.01092334 CRED
Weighted Average 0.00871998 CRED
For 90 days
Minimum 0.00636423 CRED
Maximum 0.02970804 CRED
Weighted Average 0.01034572 CRED
For 365 days
Minimum 0.00636423 CRED
Maximum 0.02970804 CRED
Weighted Average 0.01609997 CRED

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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