Comoros currency made simple: All about the Comorian franc
Located in the Indian Ocean between Madagascar and Mozambique, the island nation of Comoros has its own fascinating money story.
The Comorian franc (KMF) has been the official currency since independence, offering a unique link between the four islands and their history with France.
Whether you’re visiting Grande Comore or exploring the smaller islands, understanding how the Comoros currency works helps you travel smarter and spend wisely.
What is the currency of Comoros?
The currency of Comoros is the Comorian franc, abbreviated as KMF.
The Comorian franc symbol is CF, and it’s subdivided into 100 centimes.
This official currency circulates across all 4 islands, keeping local trade consistent and reliable.
If you’re comparing values, KMF is the official code recognised by international banks and exchange providers.
The Comorian franc: A quick history
Before independence, the Comoros used the French franc as its official currency.
When the country gained independence in 1975, the Comorian franc was pegged to the French franc at a fixed rate, ensuring currency stability.
Later, when France adopted the euro, the Comorian franc became pegged to the euro instead.
This historical peg continues to protect against devaluation and exchange rate volatility.
From French colony to central bank and euro link
As a former French colony, Comoros depended heavily on French governance and trade ties with France.
When the country gained independence, it established its own central bank – the Banque Centrale des Comores – to oversee money, exchange rates, and national governance.
This move marked a major step toward sovereignty, though the Comoros Islands’ currency has remained closely connected to France through its monetary union agreement.
The central bank works in partnership with French government officials and the European Union to ensure stability, security, and transparent accounting of the Comorian franc.
Its directors and officials carefully monitor transfer rates, keeping inflation under control and maintaining confidence in the official currency.
This fixed rate helps maintain lower costs for imported goods from France and Madagascar, and supports trade across the Indian Ocean.
Coins and banknotes in circulation
Today’s Comorian franc coins and banknotes come in practical denominations suited to everyday money needs.
Coins include 25, 50, and 100 francs, while notes range from 500 to 10,000 francs.
Each design features images that reflect Comoros’ culture, religion, and agriculture – from ylang ylang blossoms to fishing scenes.
Every coin and note is minted with advanced security features to prevent counterfeiting, and all banknotes are printed under the supervision of the central bank.
Exchange rates and value
The exchange rates for the Comorian franc are relatively steady thanks to the peg with the euro.
One euro equals about 492 KMF, while one US dollar (USD) usually sits around 450 – 475 KMF, though rates can change slightly.
Exchange rates are updated daily by the central bank, ensuring transfers and payments remain transparent.
If you’re budgeting for your trip, note that costs for everyday goods and food are lower compared to many countries nearby, making the Comoros Islands a rewarding place to live or visit.
Every day money in Comoros
Cash is king in Comoros. Money is used daily in small denominations for food, markets, and taxis.
Currency exchange options are available in larger towns, especially on Grande Comore, but card payments are rare.
Most Comorian officials and local vendors accept only francs, so make sure you carry enough banknotes and coins.
The economy behind the franc
The Comorian economy relies heavily on agriculture, fishing, and the export of ylang ylang, a fragrant flower used in perfumes.
Accounting for most of the nation’s income, these exports are traded in francs and euros, supported by government stability.
Goods and services are generally affordable, and officials continue working to diversify the country’s economy.
Despite limited resources, the majority of people work within local agriculture or fishing industries.
Grande Comore and the four islands
The largest of the islands, Grande Comore, is where most currency exchange and banking takes place.
The central bank is located here, managing the Comoros currency for all islands in the union.
The population of Comoros is spread across the Indian Ocean archipelago, with each island contributing its own culture and economy.
While Arabic, French, and Comorian are the three official languages, money remains a unifying factor for all.
Buy Comorian francs now
How to get your Comorian currency with Manor FX
Step 1 – Find your currency
Head to our website and select Comorian franc (KMF) from our list of currencies.
Enter how much you want in pounds or francs – and feel free to add others if you’re travelling beyond Comoros.
Step 2 – Choose your delivery
Pick secure home delivery (insured and tracked) or collection from our London location. Both options are designed for convenience and security.
Step 3 – Review your rate
You’ll see your locked-in exchange rate, total costs, and delivery details before placing your order.
We believe in clarity – no hidden fees or changes.
Step 4 – Complete your order
Add your details, confirm your payment method, and we’ll guide you through the process.
Payments are handled safely, and you’ll receive a confirmation instantly.
Step 5 – Sit back and relax
Your Comorian francs will be on their way. Whether you’re moving to the islands or planning a short trip, Manor FX makes it easy to set up your travel money in time for your adventure.
Takeaways
Before you travel, learn a little about Comoros – its friendly people, deep Islamic religion, and thriving island culture.
The Comorian franc is more than just money; it’s a symbol of independence and identity for this stunning Indian Ocean nation.
To get the best exchange rates, order your Comorian francs online with Manor FX. Fast, secure, and reliable – just how travel money should be.
FAQs
Which currency did Comoros use?
Comoros originally used the French franc before adopting the Comorian franc (KMF) as its own currency after gaining independence.
Is Comoros a poor or rich country?
Comoros is considered a low-income country; its GDP per capita is low (around US $1,500 nominal), and a large share of the population lives below the poverty line.