Convert your NGN to KMF
Related Currency Pairings
| African Currencies | Asian Currencies |
| NGN to DZD NGN to BIF NGN to CDF NGN to GNF | NGN to AZN NGN to BHD NGN to BND NGN to BTN |
| European Currencies | Oceania Currencies |
| NGN to BAM NGN to BGN NGN to BYN NGN to CAD | NGN to COP NGN to CRC NGN to PEN NGN to PYG |
Comorian Franc
- French Colonial Legacy: The Comorian Franc is a direct result of the Comoros’ colonial history with France.
- Pegged to the Euro: To ensure stability, the Comorian Franc is pegged to the Euro at a fixed exchange rate.
- Central Bank Control: The Central Bank of Comoros (Banque Centrale des Comores) is responsible for issuing and managing the Franc.
- Island Economy: As an island nation, Comoros’ economy is primarily based on agriculture, fishing, and tourism, which influence the Franc’s role.
- Economic Challenges: The Comoros faces economic challenges, including poverty and dependence on foreign aid, affecting the Franc’s stability.
- Cash-Based Society: Despite the growing use of digital payments, Comoros remains largely a cash-based economy.
- Currency Code: The Comorian Franc’s currency code is KMF, used for international financial transactions.