INFORMATION ABOUT COMORIAN FRANC
We show the updated today’s value/price of Comorian franc (KMF).You can get the exchange from Comorian franc to another currency by introducing the value or amount of Comorian franc (KMF) in the box and clicking the convert button. This way you can get the Comorian franc’s price in relation to other currencies.
INTRODUCTION TO THE COMORIAN FRANC
The Comorian franc is the official currency of the Comoros. The French franc was the first currency of the country because it was a French protectorate in 1886. In 1945, the Malagasy-Comorian franc was created. Since 1979, and after the Madagascar’s independence from France in 1960, Comoros signed with France and Monetary Cooperation Agreement with regard to the Comorian franc. Since 1998, the French Treasury guarantees the free convertibility with a parity fixed between the euro and the Comorian franc. It is used by approximately 812 thousand people. You can check the today value of the Comorian franc and check its price.
The Central Bank of the Comoros is an organization created in 1981 succeeding to the Comodian Issuance Institute in charge of the issuance since 1975 (the year of the Comoros independence from France). It is responsible for guarantee the financial system stability and it is the exclusive issuer of bills and metal coins.
Countries that use the currency: Comoros
Name: COMORIAN FRANC
Symbol: ₣, KMF
Bills: 500, 1.000, 2.000, 5.000, 10.000 franc
Coins: cent = 1/100 of franc. 1, 2, 5, 10, 25, 50, 100, 250 franc
Issuing Agent: Central Bank of the Comoros Web: http://www.banque-comores.km/