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Comoros

Comorian Franc

KMF

Official currency of Comoros

CF Symbol
BCC

About the Comorian Franc

The Comorian Franc's history is tied to the French Franc. Since 1999, it has been pegged to the Euro.

The name 'Franc' is a legacy of French colonial rule.

Interesting Facts

Pegged to the Euro

As part of the CFA franc zone (though distinct), the Comorian Franc is pegged to the Euro, providing significant monetary stability.

The Perfume Isles

Comoros is a major producer of vanilla and essential oils like ylang-ylang, which are key exports influencing the economy.

Coelacanth on a Coin

Some coins feature the Coelacanth, a prehistoric 'living fossil' fish that was famously rediscovered in the waters off the Comoros.

Historical Timeline

1975

Comoros gains independence from France.

1979

Comoros signs a monetary cooperation agreement with France, pegging its franc to the French Franc.

1999

The peg is transferred to the Euro at a rate of 1 EUR = 491.96775 KMF.

Denominations

Banknotes

CF500 Red
CF1000 Blue
CF2000 Green
CF5000 Purple
CF10000 Yellow

Coins

25 francs
50 francs
100 francs

Security Features

Watermark Security thread See-through register Holographic elements Intaglio printing

Quick Facts

ISO Code
KMF
Symbol
CF
Numeric Code
174
Subunit
Centime (1/100)
Introduced
1920-01-01

Central Bank

Name
Central Bank of the Comoros
Headquarters
Moroni, Comoros
Founded
1981
Current Governor
Younoussa Imani (since 2017)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
10.5%
Interest Rate
3.50%

What Affects the KMF Exchange Rate?

Fixed peg to the Euro
Performance of the Eurozone economy
Exports of vanilla, cloves, and ylang-ylang
Remittances from Comorians abroad
Political stability

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