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

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

XOF/DROP exchange rate on today

10 23, 2020
1 XOF = 66.6434 DROP
▲ 0.31 %

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

Data on the currency pair XOF/DROP 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/DROP 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/Dropil, 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/DROP exchange rate over the past 30 days

For the last 30 days (09 24, 2020 — 10 23, 2020) the CFA Franc BCEAO exchange rate against the Dropil currency changed by 0.95% (66.0184 DROP — 66.6434 DROP)

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

For the last 90 days (07 26, 2020 — 10 23, 2020) the CFA Franc BCEAO exchange rate against the Dropil currency changed by -69.5% (218.52 DROP — 66.6434 DROP)

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

For the last 365 days (04 10, 2020 — 10 23, 2020) the CFA Franc BCEAO exchange rate against the Dropil currency changed by 157.62% (25.8692 DROP — 66.6434 DROP)

Change in the XOF/DROP exchange rate for all time

For all the time our site has been running (04 10, 2020 — 10 23, 2020) the CFA Franc BCEAO exchange rate against the Dropil currency changed by 157.62% (25.8692 DROP — 66.6434 DROP)

CFA Franc BCEAO/Dropil price prediction

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

18/05 66.5552 DROP ▼ -0.13 %
19/05 66.2399 DROP ▼ -0.47 %
20/05 66.323 DROP ▲ 0.13 %
21/05 66.3276 DROP ▲ 0.01 %
22/05 66.1034 DROP ▼ -0.34 %
23/05 65.751 DROP ▼ -0.53 %
24/05 65.7363 DROP ▼ -0.02 %
25/05 65.8357 DROP ▲ 0.15 %
26/05 73.0715 DROP ▲ 10.99 %
27/05 81.9476 DROP ▲ 12.15 %
28/05 81.524 DROP ▼ -0.52 %
29/05 80.039 DROP ▼ -1.82 %
30/05 81.9603 DROP ▲ 2.4 %
31/05 83.7654 DROP ▲ 2.2 %
01/06 82.8349 DROP ▼ -1.11 %
02/06 79.852 DROP ▼ -3.6 %
03/06 75.4668 DROP ▼ -5.49 %
04/06 75.0091 DROP ▼ -0.61 %
05/06 73.0767 DROP ▼ -2.58 %
06/06 73.1077 DROP ▲ 0.04 %
07/06 73.6144 DROP ▲ 0.69 %
08/06 74.0552 DROP ▲ 0.6 %
09/06 74.8422 DROP ▲ 1.06 %
10/06 75.6764 DROP ▲ 1.11 %
11/06 74.2379 DROP ▼ -1.9 %
12/06 72.6337 DROP ▼ -2.16 %
13/06 73.3922 DROP ▲ 1.04 %
14/06 71.1252 DROP ▼ -3.09 %
15/06 66.8314 DROP ▼ -6.04 %
16/06 66.0709 DROP ▼ -1.14 %

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

20/05 — 26/05 66.7671 DROP ▲ 0.19 %
27/05 — 02/06 66.9648 DROP ▲ 0.3 %
03/06 — 09/06 21.1914 DROP ▼ -68.35 %
10/06 — 16/06 21.2439 DROP ▲ 0.25 %
17/06 — 23/06 21.2065 DROP ▼ -0.18 %
24/06 — 30/06 21.1683 DROP ▼ -0.18 %
01/07 — 07/07 21.2803 DROP ▲ 0.53 %
08/07 — 14/07 21.2092 DROP ▼ -0.33 %
15/07 — 21/07 27.1488 DROP ▲ 28 %
22/07 — 28/07 24.7337 DROP ▼ -8.9 %
29/07 — 04/08 24.9326 DROP ▲ 0.8 %
05/08 — 11/08 23.2411 DROP ▼ -6.78 %

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

06/2024 1,084 DROP ▲ 1527.07 %
07/2024 922.5 DROP ▼ -14.93 %
08/2024 1,044 DROP ▲ 13.19 %
09/2024 525.1 DROP ▼ -49.71 %
10/2024 243.59 DROP ▼ -53.61 %
11/2024 243.27 DROP ▼ -0.13 %
12/2024 251.5 DROP ▲ 3.38 %

CFA Franc BCEAO/Dropil exchange rate statistics

For 30 days
Minimum 12.2823 DROP
Maximum 81.2972 DROP
Weighted Average 71.8186 DROP
For 90 days
Minimum 12.2823 DROP
Maximum 221.55 DROP
Weighted Average 107.04 DROP
For 365 days
Minimum 12.2823 DROP
Maximum 454.22 DROP
Weighted Average 180.99 DROP

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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