Comorian Franc

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Comorian Franc

The currency of Comoros. It began with the Madagascar-Comoros CFA franc, which ended with Madagascar's withdrawal in 1973. It was pegged to the French franc and since 1999 has been pegged to the euro.
References in periodicals archive ?
Comoros has its own currency, the Comoran franc, which is currently valued at approximately 390 CF = U.
The Ministers are theoretically due to adopt a Commission proposal (see European Report No 2328) on relations between the single currency and the CFA Franc area and the Comoran Franc.
In July this year, the Commission made a similar Recommendation for a Council Decision on relations between the Euro and the CFA Franc and the Comoran Franc.
The meeting also led to an agreement on the European Commission Recommendation concerning the exchange rate between the CFA Franc and the Comoran Franc.
The Council of Ministers gave the amber light to the proposal to retain an agreement linking the French Franc to the CFA Franc and the Comoran Franc.
A law dating from the early 1980s states "whoever divulges, promotes, or teaches Muslims a religion other than Islam will be punished with a 3-month prison sentence and a fine of 50,000 to 500,000 Comoran Francs.
A law dating from the early 1980s states "whoever divulges, promotes, or teaches Muslims a religion other than Islam will be punished with a three-month prison sentence and a fine of 50,000 to 500,000 Comoran Francs.
They also endorsed a Commission Recommendation arranging relations between the single currency and the CFA and Comoran Francs.