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 ?
European Council Decision 98/683/EC10 concerning exchange rate matters relating to the CFA franc and the Comorian franc.
Along with other members of the Franc Zone, the Comoros decided to agree to a devaluation of the Comorian franc against the French franc in January of this year.
Each of the two groups and the Comoros maintain separate currencies - the Franc de la Communaute Financiere Africaine for the UMOA countries, the Franc de la Cooperation Financiere en Afrique Centrale for the BEAC countries and the Comorian franc for the Comoros.
There are at least two private schools on the island of Ngazidja (Grand Comore) that cost approximately $27 (15,000 Comorian francs) per month.
There are at least two private schools on the island of Ngazidja (Grand Comoret that cost approximately $27 (15,000 Comorian francs) per month.