Cuban Peso in Comorian Franc

CUP Cuban Peso

Country of application:
Cuba

Coin denominations in circulation:
20 centavos, 1, 3, 5 Cuban pesos.

Denominations of banknotes in circulation:
1, 3, 5, 10, 20, 50, 100, 200, 500 Cuban pesos.

History reference:
The Cuban peso (sign $MN, code CUP) is the national currency of Cuba, used in conjunction with the convertible peso. The first issue of the currency took place in 1857. Prior to this, the country use...d to pay for the Spanish real. In tourism, the country still uses another currency - the convertible Cuban peso. However, recently it has become possible to pay with US dollars in shops and hotels. The government plans to completely remove the convertible currency and leave only the CUP.

KMF Comorian Franc

Country of application:
Comoros

Coin denominations in circulation:
25, 50, 100, 250 francs.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10000 francs.

History reference:
The Comorian franc is the currency of the state of Comoros. Comoros is a small island nation located in the Indian Ocean off the eastern coast of Africa. 3 languages are recognized as official here: ...French, Comorian, Arabic, which is reflected in the inscriptions on banknotes and coins of Comoros. The Comoros entered the franc zone in 1976. The name of the national currency is borrowed from the former metropolis, which is quite typical for states that were former colonies of France. The Comorian franc was put into circulation almost immediately after the countrys independence, replacing the French colonial franc. The Central Bank of Comoros, which is the main and only issuer of the national currency in the country, exchanged French colonial francs for the national currency at a ratio of one to one. But the relatively high exchange rate of the Comorian franc did not last long. During the period of the 80-90s of the last century, as a result of inflationary processes, it depreciated quite a lot, after which smaller denominations and coins were withdrawn from circulation.