Comorian Franc in Caymanian Dollar

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as a result of inflationary processes, it depreciated quite a lot, after which smaller denominations and coins were withdrawn from circulation.

KYD Caymanian Dollar

Country of application:
Cayman islands

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 25, 40, 50, 100 dollars.

History reference:
The Cayman Islands dollar was introduced on May 1, 1972, replacing the Jamaican dollar (which remained legal tender until August 31, 1972). Until 1959, the Cayman Islands were a British colony and we...re subject to the governor of Jamaica. After gaining independence in 1962, the population of the islands voluntarily decided to remain under the protectorate of the British crown, and now the state is considered an overseas possession of England. Until 1972, the means of payment on the islands was the Jamaican dollar, and then their own currency, the Cayman dollar, was introduced.