Convert Comorian Franc to Malagasy Ariary
Please provide values below to convert Comorian Franc [KMF] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Comorian Franc.
How to Convert Comorian Franc to Malagasy Ariary
1 KMF = 0.0946968833030424 MGA
Example: convert 15 KMF to MGA:
15 KMF = 15 × 0.0946968833030424 MGA = 1.42045324954564 MGA
Comorian Franc to Malagasy Ariary Conversion Table
| Comorian Franc | Malagasy Ariary |
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Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.
Malagasy Ariary
The Malagasy Ariary (MGA) is the official currency of Madagascar, used for all monetary transactions within the country.
History/Origin
The Ariary was introduced in 1961, replacing the Malagasy franc, and was initially pegged to the French franc. It was revalued in 2005, establishing the current decimal system and modernizing the currency.
Current Use
The MGA is actively used as Madagascar's legal tender, with coins and banknotes circulating throughout the country for everyday transactions and commerce.