Comorian Franc in Maldivian rufiyaa

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as a result of inflationary processes, it depreciated quite a lot, after which smaller denominations and coins were withdrawn from circulation.

MVR Maldivian rufiyaa

Country of application:
Maldives

Coin denominations in circulation:
1, 2, 5, 10, 25, 50 lari, 1 and 2 rufiyaa.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 500 and 1000 rufiyaa.

History reference:
The monetary unit of the Republic of Maldives at the moment is the Maldivian rufiyaa. The territory of the state is a ridge of more than 20 island formations of coral origin, which also consist of mo...re than a thousand smaller islets-atolls. The ridge of the Maldives archipelago stretches in a line from north to south. The total land area is approximately 300 square kilometers. Previously, the Maldivian rufiyaa was extremely poorly protected, and rampant diversification created unfavorable economic tariffs within the state, later protection systems were developed - watermarks and perforations. Money is printed on paper, which is purchased by America for the production of dollars, in addition, a wide range of colors is used in production. Banknotes are very small. Rufiyaas are used only within the country and are not in circulation in other countries of the world