Historic Comorian Franc Nigerian Naira

Comorian Franc nigerian naira history for February 2024. The highest quote for this month is 3.5946 (28/02/2024) and the lowest 19.143 (16/02/2024). The difference between high and low is -432.55.

KMF NGN average rate for February 2024 is 3.2246, the change between 01/02/2024 and 29/02/2024 is -36.44 %.

01 February 20241 KMF = 2.632 NGN
02 February 20241 KMF = 2.631 NGN
03 February 20241 KMF = 3.099 NGN
04 February 20241 KMF = 3.099 NGN
05 February 20241 KMF = 2.614 NGN
06 February 20241 KMF = 3.070 NGN
07 February 20241 KMF = 3.073 NGN
08 February 20241 KMF = 3.103 NGN
09 February 20241 KMF = 3.074 NGN
12 February 20241 KMF = 3.233 NGN
13 February 20241 KMF = 3.296 NGN
14 February 20241 KMF = 3.298 NGN
15 February 20241 KMF = 3.306 NGN
16 February 20241 KMF = 3.319 NGN
17 February 20241 KMF = 3.260 NGN
18 February 20241 KMF = 3.260 NGN
19 February 20241 KMF = 3.268 NGN
20 February 20241 KMF = 3.275 NGN
21 February 20241 KMF = 3.527 NGN
22 February 20241 KMF = 3.529 NGN
23 February 20241 KMF = 3.535 NGN
24 February 20241 KMF = 3.276 NGN
25 February 20241 KMF = 3.276 NGN
26 February 20241 KMF = 3.535 NGN
27 February 20241 KMF = 3.405 NGN
28 February 20241 KMF = 3.482 NGN
29 February 20241 KMF = 3.592 NGN

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.

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

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.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

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.

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

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

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

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.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.
KMF NGN July 2023
KMF NGN August 2023
KMF NGN September 2023
KMF NGN October 2023
KMF NGN November 2023
KMF NGN December 2023
KMF NGN January 2024
KMF NGN February 2024
KMF NGN March 2024
KMF NGN April 2024
KMF NGN May 2024
KMF NGN June 2024
KMF NGN July 2024