Foreign exchange guide to Comoros and the Comorian Franc (KMF)
What's in this Comoros currency guide?
KMF News, Forecasts and Trends
The below interactive chart shows the USD to KMF exchange rate, trend and recent alerts for the last 90 days.
ALERTS:4-DAY▼1.6% | 60-DAY LOWS |
USD/KMF at 444.82 was trading 1.3% below AVG:450.81 with LO:431.65 and HI:460.45 (90 days). ALERTS: USD/KMF was DOWN 1.6% this 4-DAY period and also dropped to 60-DAY LOWS.
Frequently Asked Questions
What currency should I use in Comoros?
The domestic currency in Comoros is the Comorian Franc.
What is the Comorian Franc currency code and symbol?
The three letter currency code for the Comorian Franc is KMF — symbol is CF.
Which countries use the Comorian Franc?
It is the domestic currency in Comoros.
Is the Comorian Franc a closed currency?
No, the Comorian Franc is freely available and convertible. See guide: What is a closed currency?
Travel, Currency and Money saving tips for Comoros
Travel money for Comoros
Save money and time by Ordering your Comorian Franc online from Travelex, you get better rates and can pick up the KMF cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Comorian Franc otherwise you may get much worst exchange rates.
Sending money to Comoros
When searching around for information on how to get a good exchange rate when sending money to Comoros you need to start with finding out the latest Comorian Franc foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
Get a better deal for foreign transfers to Comoros
When sending money to Comoros it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Comorian Franc amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted KMF amount will be transfered to the recipient account you specify in Comoros.
Use our Send to Comorian Franc calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Comorian Franc deposited into the recipient bank account and less margins and fees kept by the banks!