Comorian Franc in Tanzanian Shilling

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as a result of inflationary processes, it depreciated quite a lot, after which smaller denominations and coins were withdrawn from circulation.

TZS Tanzanian Shilling

Country of application:
Tanzania

Coin denominations in circulation:
50, 100, 200, 500 shillings.

Denominations of banknotes in circulation:
1000, 2000, 5000, 10,000 shillings.

History reference:
The Tanzanian shilling is the currency of Tanzania. The Tanzanian shilling has been in use since 1966, when it replaced the East African shilling at par or at a 1:1 ratio. Prior to the introduction o...f the Tanzanian shilling, other currencies circulated in Tanzania, including the East African florin, East African rupee, East African shilling, Zanzibar rupee, Zanzibar rial and German East African rupee. Banknotes issued in 2003 began to be used in February of the same year, and money of the 2010 sample was officially put into circulation in January 2011.