Historic South African rand Comorian Franc

South African rand comorian franc history for November 2023. The highest quote for this month is 25.273 (03/11/2023) and the lowest 25.317 (02/11/2023). The difference between high and low is -0.17.

ZAR KMF average rate for November 2023 is 24.57181, the change between 01/11/2023 and 30/11/2023 is +4.07 %.

01 November 20231 ZAR = 24.90 KMF
02 November 20231 ZAR = 25.13 KMF
03 November 20231 ZAR = 25.37 KMF
06 November 20231 ZAR = 25.12 KMF
07 November 20231 ZAR = 25.10 KMF
08 November 20231 ZAR = 25.09 KMF
09 November 20231 ZAR = 24.84 KMF
10 November 20231 ZAR = 24.71 KMF
12 November 20231 ZAR = 24.60 KMF
13 November 20231 ZAR = 24.62 KMF
14 November 20231 ZAR = 24.63 KMF
15 November 20231 ZAR = 24.81 KMF
16 November 20231 ZAR = 24.86 KMF
17 November 20231 ZAR = 24.69 KMF
18 November 20231 ZAR = 24.63 KMF
19 November 20231 ZAR = 24.63 KMF
20 November 20231 ZAR = 24.72 KMF
21 November 20231 ZAR = 24.55 KMF
22 November 20231 ZAR = 24.17 KMF
23 November 20231 ZAR = 23.84 KMF
24 November 20231 ZAR = 23.96 KMF
26 November 20231 ZAR = 23.90 KMF
27 November 20231 ZAR = 23.95 KMF
28 November 20231 ZAR = 24.09 KMF
29 November 20231 ZAR = 24.09 KMF
30 November 20231 ZAR = 23.89 KMF

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.
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