Currency exchange rate CFA Franc BCEAO against the Bytecoin. 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 Bytecoin currency:
currency exchange rate history, background information, prediction and more about XOF/BCN

Chart of History of changes in the XOF/BCN exchange rate

XOF/BCN exchange rate on today

05 14, 2024
1 XOF = 44.7395 BCN
▲ 1.96 %

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

Data on the currency pair XOF/BCN 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/BCN 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/Bytecoin, 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 XOF/BCN exchange rate over the past 30 days

For the last 30 days (04 15, 2024 — 05 14, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by -5.98% (47.5847 BCN — 44.7395 BCN)

Change in the XOF/BCN exchange rate over the past 90 days

For the last 90 days (02 15, 2024 — 05 14, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by 27.1% (35.2008 BCN — 44.7395 BCN)

Change in the XOF/BCN exchange rate over the past 365 days

For the last 365 days (05 16, 2023 — 05 14, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by 10.82% (40.3726 BCN — 44.7395 BCN)

Change in the XOF/BCN exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 14, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by 737.48% (5.342187 BCN — 44.7395 BCN)

CFA Franc BCEAO/Bytecoin price prediction

CFA Franc BCEAO/Bytecoin price prediction for the next 30 days*

15/05 44.6145 BCN ▼ -0.28 %
16/05 44.0887 BCN ▼ -1.18 %
17/05 43.8037 BCN ▼ -0.65 %
18/05 44.9735 BCN ▲ 2.67 %
19/05 45.7221 BCN ▲ 1.66 %
20/05 43.1905 BCN ▼ -5.54 %
21/05 41.8829 BCN ▼ -3.03 %
22/05 42.9256 BCN ▲ 2.49 %
23/05 44.6628 BCN ▲ 4.05 %
24/05 44.3814 BCN ▼ -0.63 %
25/05 42.5071 BCN ▼ -4.22 %
26/05 39.5944 BCN ▼ -6.85 %
27/05 39.1051 BCN ▼ -1.24 %
28/05 40.8222 BCN ▲ 4.39 %
29/05 44.1145 BCN ▲ 8.07 %
30/05 44.5613 BCN ▲ 1.01 %
31/05 45.4095 BCN ▲ 1.9 %
01/06 46.9558 BCN ▲ 3.41 %
02/06 43.183 BCN ▼ -8.03 %
03/06 42.8468 BCN ▼ -0.78 %
04/06 42.3454 BCN ▼ -1.17 %
05/06 41.7828 BCN ▼ -1.33 %
06/06 40.3106 BCN ▼ -3.52 %
07/06 40.2414 BCN ▼ -0.17 %
08/06 40.9759 BCN ▲ 1.83 %
09/06 40.1629 BCN ▼ -1.98 %
10/06 42.2541 BCN ▲ 5.21 %
11/06 42.0013 BCN ▼ -0.6 %
12/06 42.2797 BCN ▲ 0.66 %
13/06 40.9265 BCN ▼ -3.2 %

* — Price prediction of the CFA Franc BCEAO/Bytecoin 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/Bytecoin price prediction for the next 3 months*

20/05 — 26/05 47.1831 BCN ▲ 5.46 %
27/05 — 02/06 45.1528 BCN ▼ -4.3 %
03/06 — 09/06 58.0845 BCN ▲ 28.64 %
10/06 — 16/06 61.5686 BCN ▲ 6 %
17/06 — 23/06 70.0982 BCN ▲ 13.85 %
24/06 — 30/06 62.0433 BCN ▼ -11.49 %
01/07 — 07/07 70.4249 BCN ▲ 13.51 %
08/07 — 14/07 67.1446 BCN ▼ -4.66 %
15/07 — 21/07 66.4667 BCN ▼ -1.01 %
22/07 — 28/07 64.1579 BCN ▼ -3.47 %
29/07 — 04/08 64.2975 BCN ▲ 0.22 %
05/08 — 11/08 62.249 BCN ▼ -3.19 %

CFA Franc BCEAO/Bytecoin price prediction for the next year*

06/2024 42.0274 BCN ▼ -6.06 %
07/2024 36.0736 BCN ▼ -14.17 %
08/2024 44.4051 BCN ▲ 23.1 %
09/2024 39.7067 BCN ▼ -10.58 %
10/2024 42.3711 BCN ▲ 6.71 %
11/2024 30.2467 BCN ▼ -28.61 %
12/2024 23.8115 BCN ▼ -21.28 %
01/2025 28.6841 BCN ▲ 20.46 %
02/2025 28.7742 BCN ▲ 0.31 %
03/2025 39.6362 BCN ▲ 37.75 %
04/2025 38.2595 BCN ▼ -3.47 %
05/2025 34.4084 BCN ▼ -10.07 %

CFA Franc BCEAO/Bytecoin exchange rate statistics

For 30 days
Minimum 43.788 BCN
Maximum 48.3418 BCN
Weighted Average 45.881 BCN
For 90 days
Minimum 33.1179 BCN
Maximum 48.3418 BCN
Weighted Average 41.851 BCN
For 365 days
Minimum 30.0439 BCN
Maximum 52.7741 BCN
Weighted Average 43.3952 BCN

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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