Euro to Comorian Franc — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Comoros

Currency Code, Symbol: KMF, CF

Denominations of coins in circulation: 25, 50, 100, 250 francs

Denominations of banknotes in circulation: 500, 1000, 2000, 5000, 10,000 francs

History: The Comorian franc (FC) is the national currency of the Union of the Comoros located in Africa. For simplification and to avoid confusion, the international currency exchange uses the name KMF. Centimes are used as change for the Comorian franc.Every KMF has 100 centimes. The Comorian franc was put in circulation in 1975 after the state had gained independence. The predecessor of the currency is the African franc. The rate of the national currency of Comoros is tied to fluctuations of euro (€). The currency does not float on its own.Read More