Comorian franc

The new 2000-franc note 100 francs
ISO 4217 Code	KMF
User(s)	Comoros
Inflation rate	3%
Source	CIA World Fact Book, 2005 est.
Pegged with	euro = 491.96775 francs
Coins
Frequently used	25, 50, 100 francs
Rarely used	5, 10 francs
Banknotes	500, 1000, 2000, 2500, 5000, 10000 francs
Central bank	Banque Centrale des Comores
Website	www.bancecom.com

The Comorian franc (French: franc comorien; Arabic: فرنك قمري) (ISO 4217 currency code KMF) is the official currency of Comoros. It has existed in its present form since 1981. Image File history File links KMF_2000. ... Image File history File linksMetadata KMF_100_obv. ... World inflation rate, based on CIA factbook figures In economics, inflation is a fall in the market value or purchasing power of a money. ... A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ... The euro (currency sign: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as the... The Arabic language (Arabic: ‎ transliterated: ), or simply Arabic (Arabic: ‎ transliterated: ), is the largest member of the Semitic branch of the Afro-Asiatic language family (classification: South Central Semitic) and is closely related to Hebrew and Aramaic. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...

History

Monetary cooperation with France

On 23 November 1979, the government of Comoros signed the Accord de coopération monétaire entre la République Française et la République fédérale islamique des Comores, a monetary cooperation agreement with France making Comoros part of the franc zone (but not part of the CFA franc zone). This agreement provided for the establishment of a system of fixed parity between the French franc and the Comorian franc and free convertibility between the two currencies, guaranteed by the Comorian central bank's opening of an operations account (compte d'operation) at the French Treasury (Trésor public) to handle all exchange transactions. Sixty-five percent of the foreign exchange reserves of Comoros are held in euros in this account. This account is similar to overnight deposits with the French Treasury: it may bear interest and may, in special circumstances, post a negative balance. However, to prevent this account from showing a lasting overdraft, a number of preventative measures have been set up. The countries using the CFA franc The CFA franc (in French: franc CFA, or just franc in everyday conversation if no ambiguity is possible) is a currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (former Portuguese colony) and in Equatorial Guinea (former Spanish... A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ... French Franc. ... Convertibility is the quality of money which is officially backed by government reserves of a precious metal, probably the gold standard. ... The Trésor public (Public treasury) is the national administration of the Treasury in France. ... Foreign exchange reserves are the foreign currency deposits held by national banks of different nations. ... The euro (currency sign: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as the... In finance, interest has three general definitions. ...

The stability of the Comorian franc is founded on tight monetary and credit discipline, underpinned by two specific safeguard measures: the central bank is required to maintain 20% foreign-exchange cover of its sight liabilities and the government is not allowed to draw more than 20% of the previous year's budget receipts from their central bank funds.

The ministers of finance of the franc area (France, the CFA zone and Comoros) meet biannually. The finance minister is a cabinet position in a government. ...

The agreement between France and the Comoros is essentially the same as the agreement France has with the CFA Zone. It is a continuation of a relationship of monetary cooporation between the two countries that has lasted for more than a century.

Exchange rate

From its creation in 1981, the Comorian franc was pegged to the French franc at the rate of 50 Comorian francs to 1 French franc. This fixed rate has changed only once. On January 12, 1994, the currency was devalued, in concert with the CFA franc devaluation; however, the Comorian franc was devalued 33% to the new rate of 75 Comorian francs for 1 French franc, while the CFA franc's new rate was 100 CFA francs to 1 French franc. With the creation of the euro in January 1999, the Comorian franc was pegged, at its prevailing rate, to the new currency. The exchange rate is now 491.96775 Comorian francs to 1 euro. French Franc. ... Devaluation is a reduction in the value of a currency. ... The countries using the CFA franc The CFA franc (in French: franc CFA, or just franc in everyday conversation if no ambiguity is possible) is a currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (former Portuguese colony) and in Equatorial Guinea (former Spanish... The euro (currency sign: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as the... A fixed currency, less commonly called a pegged currency, is a currency that uses a fixed exchange rate as its exchange rate regime. ...

European Monetary Union

In 1998 in anticipation of European Monetary Union, the Council of the European Union addressed the monetary agreements France has with the CFA Zone and Comoros and ruled that: In economics, a monetary union is a situation where several countries have agreed to share a single currency among them. ... The Council of the European Union forms, along with the European Parliament, the legislative arm of the European Union (EU). ...

• the agreements are unlikely to have any material effect on the monetary and exchange rate policy of the Euro zone
• in their present forms and states of implementation, the agreements are unlikely to present any obstacle to a smooth functioning of economic and monetary union
• nothing in the agreements can be construed as implying an obligation for the European Central Bank (ECB) or any national central bank to support the convertibility of the CFA and Comorian francs
• modifications to the existing agreements will not lead to any obligations for the European Central or any national central bank
• the French Treasury will guarantee the free convertibility at a fixed parity between the euro and the CFA and Comorian francs
• the competent French authorities shall keep the European Commission, the European Central Bank and the Economic and Financial Committee informed about the implementation of the agreements and inform the Committee prior to changes of the parity between the euro and the CFA and Comorian francs
• any change to the nature or scope of the agreements would require Council approval on the basis of a Commission recommendation and ECB consultation

Monetary policy is the government or central bank process of managing money supply to achieve specific goals—such as constraining inflation, maintaining an exchange rate, achieving full employment or economic growth. ... The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market. ... The Eurozone (also called Euro-area or Euroland) is the subset of European Union member states which have adopted the Euro (€) currency, creating a currency union. ... The ECB building in Frankfurt The European Central Bank (ECB) (French: Banque Centrale Européenne, German: Europäische Zentralbank, Greek: Ευρωπαϊκή Κεντρική Τράπεζα) is one of the worlds largest central banks, being in charge of monetary policy for the European Unions official currency, the euro, which is used by over 300... The euro (currency sign: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as the... The European Commission (formally the Commission of the European Communities) is the executive body of the European Union. ...

Central Bank

The statutes of the Central Bank of the Comoros (Banque Centrale des Comores) state that its Board of Directors shall have eight members who are chosen from the Comorian Government, the French Central Bank (Banque de France) and the French government. The post of Deputy Director of the Central Bank of the Comoros is held by a Banque de France official, who is responsible for monetary policy. Since 19 November 1999, all the central bank's official rates have been pegged to the Euro Overnight Index Average (EONIA) leading to a stabilisation of interest rate differentials with the euro. Image File history File links Bcc_top_logo. ... A statute is a formal, written law of a country or state, written and enacted by its legislative authority, perhaps to then be ratified by the highest executive in the government, and finally published. ... One of the Banque de Frances offices in Paris. ... It has been suggested that Human rights in France be merged into this article or section. ... Monetary policy is the government or central bank process of managing money supply to achieve specific goals—such as constraining inflation, maintaining an exchange rate, achieving full employment or economic growth. ... Eonia (Euro OverNight Index Average) is an effective overnight rate computed as a weighted average of all overnight unsecured lending transactions in the interbank market. ... An interest rate is the price a borrower pays for the use of money he does not own, and the return a lender receives for deferring his consumption, by lending to the borrower. ...

The BCC applies a compulsory reserves system (30% of deposits) and a bank monitoring system. The headquarters are located in Moroni, and the current bank governor is Mer Said Ahmed Said Ali. The reserve requirement (or required reserve ratio) is a government regulation, that sets the minimum reserves each bank must hold to customer deposits and notes. ... Moroni is the largest city of the Comores and since 1962 has also been its capital. ...

Denominations

500-franc note since 1981. The white circle contains a watermark.

The primary language used on Comorian francs is French, but Arabic is also used on all denominations, except for the 2-franc coin which is no longer minted. A denomination is a unit of currency. ... Image File history File linksMetadata Download high resolution version (1099x575, 144 KB) This image depicts a unit of currency of a government. ... Image File history File linksMetadata Download high resolution version (1099x575, 144 KB) This image depicts a unit of currency of a government. ... This Crown & CA (for Crown Agent) watermark was standard for postage stamps of the British colonies from the 1880s to the 1920s. ... The Arabic language (Arabic: ‎ transliterated: ), or simply Arabic (Arabic: ‎ transliterated: ), is the largest member of the Semitic branch of the Afro-Asiatic language family (classification: South Central Semitic) and is closely related to Hebrew and Aramaic. ... A mint is a facility which manufactures coins for currency. ...

Banknotes

The Comorian banknotes are manufactured by the Banque de France at their paper mill in Vic-le-Comte and their printing works in Chamalières, both in Puy-de-Dôme, Auvergne. A £20 Ulster Bank banknote. ... International Paper Company:kraft paper mill Georgetown, South Carolina When built, this mill was the largest in the world A paper mill is a factory devoted to making paper from wood pulp and other ingredients using a Fourdrinier Machine or similar apparatus. ... This article or section is in need of attention from an expert on the subject. ... Chamalières is a town and commune in France, in the Puy-de-Dôme département. ... Building of the Conseil Général of the Puy-de-Dôme département, in Clermont-Ferrand Wikimedia Commons has media related to: Puy-de-Dôme Puy-de-Dôme is a département. ... Capital Clermont-Ferrand Area 26,013 km² Regional President Pierre-Joël Bonté (PS) (since 2004) Population  - 2004 estimate  - 1999 census  - Density (Ranked 19th) 1,327,000 1,308,878 51/km² (2004) Arrondissements 14 Cantons 158 Communes 1,310 Départements Allier Cantal Haute-Loire Puy-de-Dôme...

•      500F
•   1,000F
•   2,000F (issued 30 December 2005)
•   2,500F (being withdrawn)
•   5,000F
• 10,000F

Coins

2 francs	5 francs	10 francs	25 francs	50 francs	100 francs
	≈ 0.01 euro	≈ 0.02 euro	≈ 0.05 euro	≈ 0.10 euro	≈ 0.20 euro
Marianne	Coelacanth	Stars and crescent	Chicken eggs	Mosque	Fishing boat
aluminium	aluminium	aluminium bronze	nickel	nickel-plated steel	nickel-plated steel
27 mm	31 mm	22 mm	20 mm	24 mm	28 mm
2.2 grams	3.75 g		3.9 g	6 g	10 g

Paris Mint at Pessac

Comorian coins have always been minted by the Monnaie de Paris. This is indicated by the cornucopia mint mark on the coins, visible to the left of the date. The coins are manufactured at their facility in Pessac, Gironde. No commemorative coins are available at the central bank. This article is about monetary coins. ... Image File history File linksMetadata KMF_2_obv. ... Image File history File linksMetadata KMF_5_obv. ... Image File history File linksMetadata KMF_10_obv. ... Image File history File linksMetadata KMF_25_obv. ... Image File history File linksMetadata KMF_50_obv. ... Image File history File linksMetadata KMF_100_obv. ... Marianne busts with features of Brigitte Bardot - Catherine Deneuve - Mireille Mathieu Marianne, a national emblem of France, is a personification of Liberty and Reason. ... Families See text Coelacanth (meaning hollow thorn, from the Greek coelia, κοιλιά (hollow) and acanthos, άκανθος (thorn)); IPA: ) is the common name for an order of fish that includes the oldest living lineage of jawed fish known to date. ... Flag ratio: 3:5 The current flag of Comoros was adopted in 2003. ... Alternate uses: Chicken (disambiguation) Binomial name Gallus gallus (Linnaeus, 1758) A chicken is a type of domesticated bird which is usually raised as a type of poultry. ... The Badshahi Masjid in Lahore, Pakistan with an iwan at center, three domes, and five visible minarets A mosque is a place of worship for followers of the Islamic faith. ... A fishing boat can range from two-person pleasure fishing boats up to 7-8 ton commercial fishers that can haul in over a billion fish at one time. ... Image File history File linksMetadata KMF_2_rev. ... Image File history File linksMetadata KMF_5_rev. ... Image File history File linksMetadata KMF_10_rev. ... Image File history File linksMetadata KMF_25_rev. ... Image File history File linksMetadata KMF_50_rev. ... Image File history File linksMetadata KMF_100_rev. ... General Name, Symbol, Number aluminium, Al, 13 Chemical series poor metals Group, Period, Block 13, 3, p Appearance silvery Atomic mass 26. ... Aluminium bronze is a type of bronze in which aluminium is the main alloying metal added to copper. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10, 4, d Appearance lustrous, metallic Atomic mass 58. ... This article or section is in need of attention from an expert on the subject. ... The old steel cable of a colliery winding tower Steel is a metal alloy whose major component is iron, with carbon being the primary alloying material. ... metre or meter, see meter (disambiguation) The metre (in the U.S., chiefly meter) is a measure of length, approximately equal to 3. ... The gram or gramme, symbol g, is a unit of mass. ... Image File history File linksMetadata Monnaie_de_Pessac. ... Image File history File linksMetadata Monnaie_de_Pessac. ... The Monnaie de Paris (Paris Mint) or, more administratively speaking, the Direction of Coins and Medals, is an administration of the French government charged with issuing coins, as well as producing medals and other similar items. ... The cornucopia (Latin Cornu Copiae), also known as the Horn of Plenty, is a symbol of food dating back to the 5th century BC. In Greek mythology, Amalthea raised Zeus on the milk of a goat. ... A mint mark is an inscription on a coin indicating the mint at which the coin was produced. ... Pessac is a commune of the Gironde département, in France. ... Gironde is a département in the southwest of France named after the Gironde Estuary. ... Commemorative coins are legally issued coins with a denomination that are not usually meant for circulation. ...

The 5-franc coin is nicknamed reali, referring to the Spanish real, and the 2-franc coin is nicknamed nusu, meaning "half". The real was a unit of currency in Spain for several centuries. ...

Paris mint mark

The 2-franc is no longer minted, but its 1964 colonial series coin is still legal tender. It and the 5- and 10-franc coins are rarely used because of their low value. The 25- and 100-franc coins contain the phrase "Augmentons la production alimentaire" (Let's increase food production). The 5-franc coin contains the phrase "Conférence Mondiale sur les Pêches" (World Conference on Fishing). Both of these phrases are references to programs by the United Nations Food and Agriculture Organization. Comoros is one of 114 countries that have issued FAO coins. More information on FAO coins can be found here. Image File history File links Paris_mint_mark. ... Image File history File links Paris_mint_mark. ... Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ... United Nations - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... FAO emblem With its headquarters in Rome, the Food and Agriculture Organization (FAO) is a specialized agency of the United Nations that works to raise levels of nutrition and standards of living; to improve the production, processing, marketing, and distribution of food and agricultural products; to promote rural development; and...

Previous currencies of Comoros

1889–1912

The first coins minted specifically for use in the Comoro Islands were those issued by Sultan Said Ali. Said Ali ben Said Omar was sultan ntibe of the sultanate of Bambao on the west coast of the island of Ngazidja (Grande Comore) and recognised by France, against all local tradition, as sultan of the entire island. In 1886, and at his request, the island became a French protectorate, a status it conserved until 1912. Categories: Comoros archipelago | Stub ... A sultan (Arabic: سلطان) is an Islamic monarch ruling under the terms of shariah. ... Location of Bambao on the island of Anjouan Bambao is a town located on the island of Anjouan in the Comoros. ... Map of Comoros and Southern Africa Grande Comore (also known as Ngazidja and Ngasidja, and erroneously as Njazidja) is an island in the Indian Ocean off the coast of Africa. ...

Although his control over the island's fiscal policy was at best limited, Said Ali had three denominations struck at the Monnaie de Paris mint in 1889: 5 centimes, 10 centimes and 5 francs. This Comorian franc was equivalent to the French franc and divided into 100 centimes. The three coins in theory ceased to be valid in 1912, but the lower two denominations were still turning up in general circulation as late as 1930. The two bronze coins may still be found; although they are not in circulation, they are frequently used for magico-religious purposes. The silver 5-franc coin is very rare. Centime is French for cent, and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland and formerly France), where it is one hundredth of a franc. ... Assorted ancient bronze castings found as part of a cache, probably intended for recycling. ... General Name, Symbol, Number silver, Ag, 47 Chemical series transition metals Group, Period, Block 11, 5, d Appearance lustrous white metal Atomic mass 107. ...

All three coins bore similar inscriptions, including the date 1308 AH, which corresponds to the Gregorian calendar years 1890/91 AD. The Islamic calendar or Muslim calendar (also called Hijri calendar, Arabic التقويم الهجري) is the calendar used to date events in many predominantly Muslim countries, and used by Muslims everywhere to determine the proper day on which to celebrate Islamic holy days. ... This article or section does not cite its references or sources. ... Dionysius Exiguus invented Anno Domini years to date Easter. ...

Denominations

• Coins: 5 centimes, 10 centimes, 5 francs

1912–1925

In 1912, the Comoro Islands (Grand Comore, Mohéli, Anjouan and Mayotte) became a province of Madagascar, which was a French possession, and began to use the French banknotes and coinage circulating in that colony. Image File history File links 5_French_Francs_1922. ... Categories: Comoros archipelago | Stub ... Map of Grande Comore. ... Map of Mohéli Mohéli, also known as Mwali, is one of the three islands which make up the nation of Comoros. ... Map of Anjouan Anjouan (also known as Ndzuwani or Nzwani) is an island in the Comoros. ... Map of the first (light blue) and second (dark blue — plain and hachured) French colonial empires France had colonial possessions, in various forms, since the beginning of the 17th century until the 1960s. ...

Denominations

• Coins: 5, 10, 25, 50 centimes, 1, 2 francs
• Notes: 5, 10, 50, 100, 500, 1000 francs

1925–1945

On 1 July 1925, the French government formed an agreement with the Banque de Paris et des Pays-Bas to create the Banque de Madagascar, headquartered in Paris, and granted it a private monopoly to issue currency for the colony of Madagascar. A Malagasy franc (French: franc malgace) carried the same value as a French franc. Image File history File links Madagascar_5Francs_(ca1937)_obverse. ... BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. ... In economics, a government-granted monopoly (also called a de jure monopoly) is a form of coercive monopoly in a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation... Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money. ... The Malagasy franc is the defunct currency of Madagascar. ...

Denominations

• Coins: 5, 10, 25, 50 centimes; 1, 2 francs
• Notes: 5, 10, 20, 50, 100, 1000, 5000 francs

1945–1962

When the Comoros Islands became a separate French territory in 1945, the name of the issuing bank was changed to the Banque de Madagascar et des Comores (still headquartered in Paris). A branch office opened in Comoros in 1953. On 26 December 1945, the Madagascar-Comores CFA franc replaced the Malagasy franc, and its value was fixed at 1.70 French francs. On 17 October 1948, the CFA franc was revalued to 2.00 French francs. While the banknotes were changed to reflect the new status of Comoros, the coins were not changed and bore only the name Madagascar. Image File history File links 5000F_Madagascar_Comoros_1950. ... Image File history File linksMetadata 1948_Madagascar_1_franc_coin. ... The countries using the CFA franc The CFA franc (in French: franc CFA, or just franc in everyday conversation if no ambiguity is possible) is a currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (former Portuguese colony) and in Equatorial Guinea (former Spanish... French Franc. ...

In 1950, the French government took over majority ownership of the Banque de Madagascar et des Comores.

On 1 January 1960, the French franc was revalued, with 100 old francs becoming 1 new franc. (Décret n°59-1450 du 22 décembre 1959) The new exchange rate became 1 Madagascar-Comores CFA franc = 0.02 French francs.

On 26 June 1960, Madagascar gained independence from France, and the Institut d'Émission Malgache (headquartered in Antananarivo) was created to issue currency only for Madagascar. Madagascar left the CFA zone effective 1 July 1973. Antananarivo, Madagascar Antananarivo, Madagascar Antanànarìvo (pronounced IPA [æntəˌnænəˈɹiːvoÊŠ] or [ɑːntəˌnɑːnəˈɹiːvoÊŠ]), population 1,403,449 (2001 census), is the capital of Madagascar, in Antananarivo province. ...

Denominations

• Coins: 1, 2, 5, 10, 20 francs
• Notes: 50, 100, 500, 1000, 5000 francs

1962–1974

The Comoros Islands remained a French possession. Loi ordinaire 62-873 du 31 juillet 1962, Article 12, allowed the Banque de Madagascar et des Comores to continue issuing notes in Comoros after Madagascar began issuing its own currency, but beginning 1 April 1962, they had "COMORES" overstamped on them. As per Décret 64-1038 du 07 octobre 1964, banknotes without the overstamp ceased to be legal tender on 31 December 1964. Image File history File links 100_francs_COMORES_colonial. ...

Comoros continued to use Malagasy coins until 1964, when the Monnaie de Paris issued a series of coins specifically for Comoros (Arrêté du 30 avril 1964). It was at this time that the Comorian franc was no longer subdivided into centimes.

Denominations

• Coins: 1, 2, 5, 10, 20 francs
• Notes: 50, 100, 500, 1000, 5000 francs

1975–1981

On 31 December 1974, the Institut d'Émission des Comores (headquartered in Paris) was created to issue currency for the colony of Comoros. In 1975, the islands of Grand Comore, Mohéli, and Anjouan declared their independence from France and formed the Islamic Federal Republic of the Comoros. The island of Mayotte remained under French administration. (Mayotte switched to the French franc and now uses the euro). Image File history File links Download high resolution version (851x453, 90 KB) Summary 1000 Comorian franc from 1976 Licensing This image depicts a unit of currency of a government. ... Image File history File links Download high resolution version (851x452, 92 KB) Summary 1976 1000 Comorian francs banknote, reverse image Licensing This image depicts a unit of currency of a government. ... French Franc. ...

New banknotes were issued for the newly independent republic, and they began to replace the Banque de Madagascar et des Comores banknotes over a number of years. A 50-franc coin was created in 1975 and a 100-franc coin in 1977. The other colonial coins remained in circulation. It was at this time that Arabic replaced French on the reverse side of the coins and notes, and they began to take on their present look. The terms obverse and reverse apply almost exclusively to currency, and most often specifically to coins; they are usually described with less precision as, respectively, the front and back sides, or with regard to a coin tossed to produce a random choice between two things, heads and tails. They can...

On 15 July 1977, the monetary institute was moved to Moroni. On 1 July 1981, the current treaty between France and Comoros was put into effect, the monetary institute was converted into Banque Centrale des Comores and began to issue the currency.
Denominations

Coins: 1, 2, 5, 10, 20, 50, 100 Notes: 500, 1000, 5000

Image File history File linksMetadata KMF_Ind5075o. ... Image File history File links KMF_Ind10077o. ...

Current KMF exchange rates

As of 6 July 2006, the rate was
1 EUR = 491.96775 KMF (fixed)
1 USD = 386.526 KMF
edit this exchange rate July 6 is the 187th day of the year (188th in leap years) in the Gregorian Calendar, with 178 days remaining. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... The euro (currency sign: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as the... This article is about general United States currency. ...

See also

The Malagasy franc is the defunct currency of Madagascar. ... The countries using the CFA franc The CFA franc (in French: franc CFA, or just franc in everyday conversation if no ambiguity is possible) is a currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (former Portuguese colony) and in Equatorial Guinea (former Spanish... The CFP franc (in French: franc Pacifique or franc CFP ; CFP stood for Colonies françaises du Pacifique (i. ... Currently there are several currencies pegged to the euro, some with fluctuation bands around a central rate and others with no fluctuations allowed around the central rate. ... // Early inhabitants Over the centuries, the islands of Comoros were invaded by a succession of diverse groups from the coast of Africa, the Persian Gulf, Indonesia, and Madagascar. ... Overview One of the worlds poorest countries, Comoros is made up of three islands that have inadequate transportation links, a young and rapidly increasing population, and few natural resources. ... Economy - overview: Economic activity is based primarily on the agricultural sector, including fishing and livestock raising. ... The economy of Africa comprises approximately 887 million people as of July 2005 living in 54 different states. ...

References

• (French) Abal Anrabe Abdou Chacourou (2003). Franc comorien. Editions L'Harmattan. ISBN 2747548430

External links

Official websites

• (French) Banque Centrale des Comores official site
• (French) Text of the 1979 Comorian Agreement of Monetary Cooperation at Banque de France
• (English) Decision of the Council of Europe on 23 November 1998 regarding the CFA and Comorian francs (Adobe Acrobat (PDF) file)
• (English) Franc zone information at Banque de France
• (French) Franc zone information at Banque de France (in French, but more extensive than the English version)
• (French) Central Bank of Madagascar

PDF is an abbreviation with several meanings: Portable Document Format Post-doctoral fellowship Probability density function There also is an electronic design automation company named PDF Solutions. ...

Numismatic websites

• History of Comorian currencies
• Images of Comorian banknotes at Islamic Banknotes
• Images of Comorian banknotes at Banknote World
• Numismatics of Comoros
• Numismatics of Comoros by Dr Iain Walker
• Coins of Comoros
• Comoros at Ben's FAO Coins collection
• (French) La fabrication des monnaies utilisées par les Comoriens
• (French) "Les Monnaies à Madagascar", Louis Molet (PDF)

Conversion rates

• A table of conversion rates between the euro and the Comorian franc