Comorian Franc currency | Comoros Bank Notes

Comorian Franc

Comorian Franc Currency:

Comorian Franc -official currency of Comoros is franc. The symbol is denoted by CF. It is subdivided into 100 centimes. In 1886, the French franc became the currency of Comoros after the islands became a French protectorate. The Comoros Franc is pegged to the Euro at 491.96775 Francs = 1 Euro.

Sultan Said of Bambao, Ngazidja issued bronze 5 and 10 centimes and silver 5 francs in 1890. Acute paucity of coins in 1920 s compelled to issue private tokens by the principal colonial company on Ngazidja and a sugar plantation on Mayotte. The tokens were of the denominations of 25 and 50 centimes, 1 and 2 francs. The tokens were made up of aluminum and bronze.

Coins were introduced specifically for use in the Comoros in 1964, replacing the Madagascar coins previously in use. 1, 2 and 5 franc aluminum coins and 10 and 20 franc aluminum coins were issued. Nickel 50 francs were introduced in 1975. In 1977, nickel 100 francs were introduced followed by nickel 25 francs in 1981. Between 1975 and 1977, coins were issued by the Institut d’Emission des Comores. Since 1981, the Central Bank has been issuing coins.In 1920; the first Comorian money was issued. Currently circulating banknotes are 500, 1000, 2000, 5000, 10,000 francs.

Comorian Franc

Comorian Franc (Comoros):

Code:  KMF

Symbol: CF

Subunit: 1/100= centime

Banknotes:

500, 1000, 2000, 5000, 10,000 francs

Coins:

1, 2, 5, 10, 25, 50, 100, 250 francs

Central bank:

BanqueCentrale des Comores