Convert Comorian Franc to Tanzanian Shilling
Please provide values below to convert Comorian Franc [KMF] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Comorian Franc.
How to Convert Comorian Franc to Tanzanian Shilling
1 KMF = 0.163160982447053 TZS
Example: convert 15 KMF to TZS:
15 KMF = 15 × 0.163160982447053 TZS = 2.4474147367058 TZS
Comorian Franc to Tanzanian Shilling Conversion Table
Comorian Franc | Tanzanian Shilling |
---|
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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.