Convert Comorian Franc to Gibraltar Pound
Please provide values below to convert Comorian Franc [KMF] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Comorian Franc.
How to Convert Comorian Franc to Gibraltar Pound
1 KMF = 566.450763204106 GIP
Example: convert 15 KMF to GIP:
15 KMF = 15 × 566.450763204106 GIP = 8496.7614480616 GIP
Comorian Franc to Gibraltar Pound Conversion Table
| Comorian Franc | Gibraltar Pound |
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Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.