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.
01/01/2019: 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.
29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel
The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.
04/05/2008: Introduction of New Banknotes
New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.
01/09/1999: Introduction of Sheqel Coins
Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the 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.
24/02/1985: Hyperinflation Crisis
Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).
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.
16/03/1960: Introduction of the New Sheqel
The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.
24/02/1949: Introduction of the Israel Pound
The Israeli pound (ILP) was introduced as legal tender in Israel.
24/09/1948: Israeli Declaration of Independence
The Israeli pound (ILP) was introduced as the official currency of Israel.
01/01/1920: Introduction of the Comorian Franc
The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.