Convert Comorian Franc to Panamanian Balboa
Please provide values below to convert Comorian Franc [KMF] to Panamanian Balboa [PAB], or Convert Panamanian Balboa to Comorian Franc.
How to Convert Comorian Franc to Panamanian Balboa
1 KMF = 419.3435 PAB
Example: convert 15 KMF to PAB:
15 KMF = 15 × 419.3435 PAB = 6290.1525 PAB
Comorian Franc to Panamanian Balboa Conversion Table
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Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.
Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.