Convert Comorian Franc to New Zealand Dollar
Please provide values below to convert Comorian Franc [KMF] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Comorian Franc.
How to Convert Comorian Franc to New Zealand Dollar
1 KMF = 251.254343918514 NZD
Example: convert 15 KMF to NZD:
15 KMF = 15 × 251.254343918514 NZD = 3768.81515877771 NZD
Comorian Franc to New Zealand Dollar Conversion Table
| Comorian Franc | New Zealand Dollar |
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.