Comorian Franc in Pound Sterling

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as a result of inflationary processes, it depreciated quite a lot, after which smaller denominations and coins were withdrawn from circulation.

GBP Pound Sterling

Country of application:
United Kingdom, South Georgia and the South Sandwich Islands

Coin denominations in circulation:
1 pound sterling, 50, 20, 10, 5, 2 pence, 1 penny.

Denominations of banknotes in circulation:
50, 20, 10, 5, 2, 1 pound sterling.

History reference:
The British pound sterling is the official currency of Great Britain. Bank code - GBP. Sterling in the 12th century was called English silver coins. 240 sterling weighed just over 373 grams - that wa...s a pound. In Latin, pondus means weight, heaviness. That is, initially the pound sterling really meant "a pound of pure silver." There is a visible connection with the Old English lexeme steorling - "asterisk". It was the stars that depicted the silver coins produced in Normandy. Easterling Silver (literally: silver from the eastern lands) - hard-wearing coins made of a durable silver alloy, created in the north of modern Germany - those territories were formerly called Easterling.