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LOCAL CURRENCY IN COMOROS

Would you like to know name of the currency in Comoros? The local money in Comoros is called Franc.

The Comorian Franc is issued and managed by the Banque Centrale des Comores. To find out the current currency exchange rates for franc to other major currencies of the world, click on foreign currency rates.

Comorian Currency Information
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The currency used in Comoros is called as the Franc. This currency is denoted with the currency sign CF and the ISO 4217 Code for the Comorian Franc is KMF. The Franc, is the official currency of the Comoros . It is divided into 100 smaller units called .

The constitution of Comoros provides that the Comoros government shall have the power to print the Comorian Franc and coins to be used as a legal tender in Comoros. The Comorian Franc bank notes and coins are both designated as "legal tender" in payment of debts.

The Comorian Franc bill uses the decimal system, consisting of 100 equal units.

The symbol CF, usually written before the numerical amount, is used for the Comorian Franc.

Currently printed bank notes denominations are 500, 1000, 2000, 5000, 10,000 francs and the coins are minted in the denominations of 25, 50, 100 francs 1, 2, 5, 10 francs.

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How Does Balance of Trade and Investment Affect the Value of the Comorian franc
Financial analysts regularly cite the balance of trade and investment in Comoros as the most important influence on the value of the Franc. The difference between what the Comoros exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Franc exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Franc exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Comorian Franc.
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