Convert Mexican Peso to Comorian Franc
Please provide values below to convert Mexican Peso [MXN] to Comorian Franc [KMF], or Convert Comorian Franc to Mexican Peso.
How to Convert Mexican Peso to Comorian Franc
1 MXN = 0.0444604482959674 KMF
Example: convert 15 MXN to KMF:
15 MXN = 15 × 0.0444604482959674 KMF = 0.666906724439511 KMF
Mexican Peso to Comorian Franc Conversion Table
| Mexican Peso | Comorian Franc |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.