Historic Comorian Franc South African rand

Comorian Franc south african rand history for January 2024. The highest quote for this month is 0.042707 (17/01/2024) and the lowest 0.04214 (17/01/2024). The difference between high and low is 1.33.

KMF ZAR average rate for January 2024 is 0.0416, the change between 01/01/2024 and 31/01/2024 is -0.39 %.

01 January 20241 KMF = 0.0412 ZAR
02 January 20241 KMF = 0.0412 ZAR
03 January 20241 KMF = 0.0417 ZAR
04 January 20241 KMF = 0.0415 ZAR
05 January 20241 KMF = 0.0416 ZAR
06 January 20241 KMF = 0.0414 ZAR
07 January 20241 KMF = 0.0414 ZAR
08 January 20241 KMF = 0.0415 ZAR
09 January 20241 KMF = 0.0413 ZAR
10 January 20241 KMF = 0.0415 ZAR
11 January 20241 KMF = 0.0415 ZAR
12 January 20241 KMF = 0.0416 ZAR
14 January 20241 KMF = 0.0414 ZAR
15 January 20241 KMF = 0.0415 ZAR
16 January 20241 KMF = 0.0416 ZAR
17 January 20241 KMF = 0.0422 ZAR
18 January 20241 KMF = 0.0422 ZAR
19 January 20241 KMF = 0.0418 ZAR
22 January 20241 KMF = 0.0420 ZAR
23 January 20241 KMF = 0.0425 ZAR
24 January 20241 KMF = 0.0419 ZAR
25 January 20241 KMF = 0.0418 ZAR
26 January 20241 KMF = 0.0416 ZAR
28 January 20241 KMF = 0.0415 ZAR
29 January 20241 KMF = 0.0413 ZAR
30 January 20241 KMF = 0.0413 ZAR
31 January 20241 KMF = 0.0414 ZAR

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.
KMF ZAR January 2024
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