Convert New Taiwan Dollar to Comorian Franc
Please provide values below to convert New Taiwan Dollar [TWD] to Comorian Franc [KMF], or Convert Comorian Franc to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Comorian Franc
1 TWD = 0.0700261241678958 KMF
Example: convert 15 TWD to KMF:
15 TWD = 15 × 0.0700261241678958 KMF = 1.05039186251844 KMF
New Taiwan Dollar to Comorian Franc Conversion Table
New Taiwan Dollar | Comorian Franc |
---|
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.