Currency exchange rate CFA Franc BCEAO against the SAFE. 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 SAFE currency:
currency exchange rate history, background information, prediction and more about XOF/SAFE
Chart of History of changes in the XOF/SAFE exchange rate
XOF/SAFE exchange rate on today
05 14, 2024
1 XOF = 0.01808678 SAFE
▲ 3.75 %
This page provides information about the currency pair CFA Franc BCEAO/SAFE, and more precisely about how much 1 CFA Franc BCEAO costs in SAFE.
Data on the currency pair XOF/SAFE 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/SAFE 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/SAFE, 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 XOF/SAFE 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 SAFE currency changed by 42.78% (0.01266741 SAFE — 0.01808678 SAFE)
Change in the XOF/SAFE 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 SAFE currency changed by 11.34% (0.01624525 SAFE — 0.01808678 SAFE)
Change in the XOF/SAFE 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 SAFE currency changed by -11.13% (0.02035224 SAFE — 0.01808678 SAFE)
Change in the XOF/SAFE 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 SAFE currency changed by 343.64% (0.00407694 SAFE — 0.01808678 SAFE)
CFA Franc BCEAO/SAFE price prediction
CFA Franc BCEAO/SAFE price prediction for the next 30 days*
15/05 | 0.01753691 SAFE | ▼ -3.04 % |
16/05 | 0.01883714 SAFE | ▲ 7.41 % |
17/05 | 0.01840703 SAFE | ▼ -2.28 % |
18/05 | 0.01878167 SAFE | ▲ 2.04 % |
19/05 | 0.01778879 SAFE | ▼ -5.29 % |
20/05 | 0.01607347 SAFE | ▼ -9.64 % |
21/05 | 0.01620842 SAFE | ▲ 0.84 % |
22/05 | 0.01923363 SAFE | ▲ 18.66 % |
23/05 | 0.02175408 SAFE | ▲ 13.1 % |
24/05 | 0.02182288 SAFE | ▲ 0.32 % |
25/05 | 0.02066563 SAFE | ▼ -5.3 % |
26/05 | 0.02056534 SAFE | ▼ -0.49 % |
27/05 | 0.01897528 SAFE | ▼ -7.73 % |
28/05 | 0.02044645 SAFE | ▲ 7.75 % |
29/05 | 0.04718134 SAFE | ▲ 130.76 % |
30/05 | 0.04973685 SAFE | ▲ 5.42 % |
31/05 | 0.02576236 SAFE | ▼ -48.2 % |
01/06 | 0.02442944 SAFE | ▼ -5.17 % |
02/06 | 0.0247432 SAFE | ▲ 1.28 % |
03/06 | 0.04965048 SAFE | ▲ 100.66 % |
04/06 | 0.04944778 SAFE | ▼ -0.41 % |
05/06 | 0.02831057 SAFE | ▼ -42.75 % |
06/06 | 0.03203091 SAFE | ▲ 13.14 % |
07/06 | 0.02743861 SAFE | ▼ -14.34 % |
08/06 | 0.02553693 SAFE | ▼ -6.93 % |
09/06 | 0.02389828 SAFE | ▼ -6.42 % |
10/06 | 0.02731653 SAFE | ▲ 14.3 % |
11/06 | 0.0282405 SAFE | ▲ 3.38 % |
12/06 | 0.03172709 SAFE | ▲ 12.35 % |
13/06 | 0.03409031 SAFE | ▲ 7.45 % |
* — Price prediction of the CFA Franc BCEAO/SAFE 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/SAFE price prediction for the next 3 months*
20/05 — 26/05 | 0.01665707 SAFE | ▼ -7.9 % |
27/05 — 02/06 | 0.01574696 SAFE | ▼ -5.46 % |
03/06 — 09/06 | 0.01695264 SAFE | ▲ 7.66 % |
10/06 — 16/06 | 0.016728 SAFE | ▼ -1.33 % |
17/06 — 23/06 | 0.01648256 SAFE | ▼ -1.47 % |
24/06 — 30/06 | 0.01383076 SAFE | ▼ -16.09 % |
01/07 — 07/07 | 0.01589184 SAFE | ▲ 14.9 % |
08/07 — 14/07 | 0.01675174 SAFE | ▲ 5.41 % |
15/07 — 21/07 | 0.04471557 SAFE | ▲ 166.93 % |
22/07 — 28/07 | 0.01779261 SAFE | ▼ -60.21 % |
29/07 — 04/08 | 0.01869042 SAFE | ▲ 5.05 % |
05/08 — 11/08 | 0.0200762 SAFE | ▲ 7.41 % |
CFA Franc BCEAO/SAFE price prediction for the next year*
06/2024 | 0.01777567 SAFE | ▼ -1.72 % |
07/2024 | 0.02220863 SAFE | ▲ 24.94 % |
08/2024 | 0.02116129 SAFE | ▼ -4.72 % |
09/2024 | 0.02069277 SAFE | ▼ -2.21 % |
10/2024 | 0.01402866 SAFE | ▼ -32.21 % |
11/2024 | 0.00962683 SAFE | ▼ -31.38 % |
12/2024 | 0.00818314 SAFE | ▼ -15 % |
01/2025 | 0.00689525 SAFE | ▼ -15.74 % |
02/2025 | 0.00935493 SAFE | ▲ 35.67 % |
03/2025 | 0.00945594 SAFE | ▲ 1.08 % |
04/2025 | 0.01093258 SAFE | ▲ 15.62 % |
05/2025 | 0.01079385 SAFE | ▼ -1.27 % |
CFA Franc BCEAO/SAFE exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.01304219 SAFE |
Maximum | 0.01734637 SAFE |
Weighted Average | 0.01773216 SAFE |
For 90 days | |
Minimum | 0.01249783 SAFE |
Maximum | 0.01937244 SAFE |
Weighted Average | 0.01617934 SAFE |
For 365 days | |
Minimum | 0.00134126 SAFE |
Maximum | 0.0377516 SAFE |
Weighted Average | 0.02250496 SAFE |
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