Convert Comorian Franc to Chinese Yuan
Please provide values below to convert Comorian Franc [KMF] to Chinese Yuan [CNY], or Convert Chinese Yuan to Comorian Franc.
How to Convert Comorian Franc to Chinese Yuan
1 KMF = 58.454048704331 CNY
Example: convert 15 KMF to CNY:
15 KMF = 15 × 58.454048704331 CNY = 876.810730564965 CNY
Comorian Franc to Chinese Yuan Conversion Table
Comorian Franc | Chinese Yuan |
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).