Currency exchange rate CFA Franc BCEAO against the Venezuelan Bolivar. 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 Venezuelan Bolivar currency:
currency exchange rate history, background information, prediction and more about XOF/VEF
Chart of History of changes in the XOF/VEF exchange rate
XOF/VEF exchange rate on today
05 14, 2024
1 XOF = 5,964 VEF
▲ 0.11 %
This page provides information about the currency pair CFA Franc BCEAO/Venezuelan Bolivar, and more precisely about how much 1 CFA Franc BCEAO costs in Venezuelan Bolivar.
Data on the currency pair XOF/VEF 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/VEF 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/Venezuelan Bolivar, 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/VEF 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 Venezuelan Bolivar currency changed by 1.39% (5,882 VEF — 5,964 VEF)
Change in the XOF/VEF 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 Venezuelan Bolivar currency changed by 0.52% (5,933 VEF — 5,964 VEF)
Change in the XOF/VEF 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 Venezuelan Bolivar currency changed by 41.73% (4,208 VEF — 5,964 VEF)
Change in the XOF/VEF 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 Venezuelan Bolivar currency changed by 34870380.44% (0.02 VEF — 5,964 VEF)
CFA Franc BCEAO/Venezuelan Bolivar price prediction
CFA Franc BCEAO/Venezuelan Bolivar price prediction for the next 30 days*
16/05 | 5,963 VEF | ▼ -0.02 % |
17/05 | 5,933 VEF | ▼ -0.49 % |
18/05 | 5,934 VEF | ▲ 0.02 % |
19/05 | 5,956 VEF | ▲ 0.36 % |
20/05 | 5,935 VEF | ▼ -0.34 % |
21/05 | 5,950 VEF | ▲ 0.25 % |
22/05 | 5,950 VEF | ▲ 0 % |
23/05 | 5,943 VEF | ▼ -0.12 % |
24/05 | 5,948 VEF | ▲ 0.09 % |
25/05 | 5,969 VEF | ▲ 0.34 % |
26/05 | 5,980 VEF | ▲ 0.19 % |
27/05 | 5,989 VEF | ▲ 0.15 % |
28/05 | 5,969 VEF | ▼ -0.33 % |
29/05 | 5,969 VEF | ▼ -0 % |
30/05 | 5,980 VEF | ▲ 0.19 % |
31/05 | 5,984 VEF | ▲ 0.06 % |
01/06 | 5,962 VEF | ▼ -0.36 % |
02/06 | 5,975 VEF | ▲ 0.21 % |
03/06 | 5,997 VEF | ▲ 0.38 % |
04/06 | 6,019 VEF | ▲ 0.37 % |
05/06 | 6,016 VEF | ▼ -0.06 % |
06/06 | 6,018 VEF | ▲ 0.04 % |
07/06 | 6,021 VEF | ▲ 0.05 % |
08/06 | 6,006 VEF | ▼ -0.25 % |
09/06 | 6,004 VEF | ▼ -0.03 % |
10/06 | 6,026 VEF | ▲ 0.36 % |
11/06 | 6,028 VEF | ▲ 0.03 % |
12/06 | 6,025 VEF | ▼ -0.04 % |
13/06 | 6,025 VEF | ▼ -0.01 % |
14/06 | 6,004 VEF | ▼ -0.34 % |
* — Price prediction of the CFA Franc BCEAO/Venezuelan Bolivar 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/Venezuelan Bolivar price prediction for the next 3 months*
20/05 — 26/05 | 5,960 VEF | ▼ -0.06 % |
27/05 — 02/06 | 6,031 VEF | ▲ 1.19 % |
03/06 — 09/06 | 6,014 VEF | ▼ -0.28 % |
10/06 — 16/06 | 5,981 VEF | ▼ -0.55 % |
17/06 — 23/06 | 5,945 VEF | ▼ -0.6 % |
24/06 — 30/06 | 5,967 VEF | ▲ 0.38 % |
01/07 — 07/07 | 5,881 VEF | ▼ -1.45 % |
08/07 — 14/07 | 5,874 VEF | ▼ -0.12 % |
15/07 — 21/07 | 5,904 VEF | ▲ 0.52 % |
22/07 — 28/07 | 5,924 VEF | ▲ 0.33 % |
29/07 — 04/08 | 5,927 VEF | ▲ 0.05 % |
05/08 — 11/08 | 5,908 VEF | ▼ -0.31 % |
CFA Franc BCEAO/Venezuelan Bolivar price prediction for the next year*
06/2024 | 6,011 VEF | ▲ 0.79 % |
07/2024 | 6,448 VEF | ▲ 7.28 % |
08/2024 | 7,142 VEF | ▲ 10.76 % |
09/2024 | 7,335 VEF | ▲ 2.7 % |
10/2024 | 7,472 VEF | ▲ 1.87 % |
11/2024 | 7,703 VEF | ▲ 3.09 % |
12/2024 | 7,917 VEF | ▲ 2.77 % |
01/2025 | 7,779 VEF | ▼ -1.74 % |
02/2025 | 8,206 VEF | ▲ 5.49 % |
03/2025 | 7,876 VEF | ▼ -4.03 % |
04/2025 | 7,818 VEF | ▼ -0.73 % |
05/2025 | 7,863 VEF | ▲ 0.57 % |
CFA Franc BCEAO/Venezuelan Bolivar exchange rate statistics
For 30 days | |
---|---|
Minimum | 5,870 VEF |
Maximum | 5,958 VEF |
Weighted Average | 5,918 VEF |
For 90 days | |
Minimum | 5,870 VEF |
Maximum | 6,460 VEF |
Weighted Average | 5,961 VEF |
For 365 days | |
Minimum | 4,210 VEF |
Maximum | 6,460 VEF |
Weighted Average | 5,512 VEF |
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