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 17, 2024
1 XOF = 43.3239 BCN
▼ -5.63 %

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 18, 2024 — 05 17, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by -9.03% (47.6245 BCN — 43.3239 BCN)

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

For the last 90 days (02 18, 2024 — 05 17, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by 25.2% (34.6027 BCN — 43.3239 BCN)

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

For the last 365 days (05 19, 2023 — 05 17, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by 8.95% (39.7646 BCN — 43.3239 BCN)

Change in the XOF/BCN exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 17, 2024) the CFA Franc BCEAO exchange rate against the Bytecoin currency changed by 710.98% (5.342187 BCN — 43.3239 BCN)

CFA Franc BCEAO/Bytecoin price prediction

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

18/05 44.6521 BCN ▲ 3.07 %
19/05 45.2097 BCN ▲ 1.25 %
20/05 43.427 BCN ▼ -3.94 %
21/05 42.0661 BCN ▼ -3.13 %
22/05 43.0454 BCN ▲ 2.33 %
23/05 45.1003 BCN ▲ 4.77 %
24/05 44.7117 BCN ▼ -0.86 %
25/05 42.1476 BCN ▼ -5.73 %
26/05 39.1695 BCN ▼ -7.07 %
27/05 38.6197 BCN ▼ -1.4 %
28/05 40.2669 BCN ▲ 4.27 %
29/05 44.291 BCN ▲ 9.99 %
30/05 45.1147 BCN ▲ 1.86 %
31/05 46.0092 BCN ▲ 1.98 %
01/06 47.3242 BCN ▲ 2.86 %
02/06 44.4913 BCN ▼ -5.99 %
03/06 44.0307 BCN ▼ -1.04 %
04/06 43.1472 BCN ▼ -2.01 %
05/06 42.2903 BCN ▼ -1.99 %
06/06 41.2611 BCN ▼ -2.43 %
07/06 41.2187 BCN ▼ -0.1 %
08/06 41.9363 BCN ▲ 1.74 %
09/06 41.0922 BCN ▼ -2.01 %
10/06 42.5022 BCN ▲ 3.43 %
11/06 42.0407 BCN ▼ -1.09 %
12/06 42.2445 BCN ▲ 0.48 %
13/06 42.104 BCN ▼ -0.33 %
14/06 42.597 BCN ▲ 1.17 %
15/06 42.919 BCN ▲ 0.76 %
16/06 43.3276 BCN ▲ 0.95 %

* — 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 45.4783 BCN ▲ 4.97 %
27/05 — 02/06 43.5239 BCN ▼ -4.3 %
03/06 — 09/06 52.7663 BCN ▲ 21.24 %
10/06 — 16/06 55.7858 BCN ▲ 5.72 %
17/06 — 23/06 67.1856 BCN ▲ 20.44 %
24/06 — 30/06 56.4804 BCN ▼ -15.93 %
01/07 — 07/07 62.6382 BCN ▲ 10.9 %
08/07 — 14/07 60.1534 BCN ▼ -3.97 %
15/07 — 21/07 59.5128 BCN ▼ -1.06 %
22/07 — 28/07 57.3392 BCN ▼ -3.65 %
29/07 — 04/08 57.4384 BCN ▲ 0.17 %
05/08 — 11/08 58.5591 BCN ▲ 1.95 %

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

06/2024 39.4128 BCN ▼ -9.03 %
07/2024 34.5797 BCN ▼ -12.26 %
08/2024 42.4031 BCN ▲ 22.62 %
09/2024 37.5909 BCN ▼ -11.35 %
10/2024 39.7097 BCN ▲ 5.64 %
11/2024 31.7675 BCN ▼ -20 %
12/2024 26.2521 BCN ▼ -17.36 %
01/2025 31.7781 BCN ▲ 21.05 %
02/2025 31.8651 BCN ▲ 0.27 %
03/2025 47.0392 BCN ▲ 47.62 %
04/2025 45.5193 BCN ▼ -3.23 %
05/2025 44.0319 BCN ▼ -3.27 %

CFA Franc BCEAO/Bytecoin exchange rate statistics

For 30 days
Minimum 43.788 BCN
Maximum 48.3418 BCN
Weighted Average 45.5922 BCN
For 90 days
Minimum 33.1179 BCN
Maximum 48.3418 BCN
Weighted Average 42.1777 BCN
For 365 days
Minimum 30.0439 BCN
Maximum 52.7741 BCN
Weighted Average 43.4367 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