Convert Panamanian Balboa to Comorian Franc
Please provide values below to convert Panamanian Balboa [PAB] to Comorian Franc [KMF], or Convert Comorian Franc to Panamanian Balboa.
How to Convert Panamanian Balboa to Comorian Franc
1 PAB = 0.00238467986269013 KMF
Example: convert 15 PAB to KMF:
15 PAB = 15 × 0.00238467986269013 KMF = 0.035770197940352 KMF
Panamanian Balboa to Comorian Franc Conversion Table
| Panamanian Balboa | Comorian Franc |
|---|
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.
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.