Convert Cuban Peso to Comorian Franc
Please provide values below to convert Cuban Peso [CUP] to Comorian Franc [KMF], or Convert Comorian Franc to Cuban Peso.
How to Convert Cuban Peso to Comorian Franc
1 CUP = 0.0572323167045632 KMF
Example: convert 15 CUP to KMF:
15 CUP = 15 × 0.0572323167045632 KMF = 0.858484750568448 KMF
Cuban Peso to Comorian Franc Conversion Table
Cuban Peso | Comorian Franc |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.