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.
01/10/2019: New Generation Banknotes
Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.
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.
01/07/2010: Introduction of New Currency Denominations
Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.
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.
14/09/1994: Transition to New Currency
Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.
20/06/1994: Introduction of the New Comorian Franc
Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.
01/07/1985: Second Devaluation of the Shilling
The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.
14/09/1980: Devaluation of the Shilling
The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.
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.
14/06/1969: Decimalization of the Shilling
Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.
14/06/1966: Introduction of the Kenyan Shilling
The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.
01/01/1920: Introduction of the Comorian Franc
The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.