Currency

The Comoros Franc (KMF) is the official currency, but the Euro is widely accepted, and the two currencies maintain a stable exchange rate, similar to the relationship between the US Dollar and the Tanzanian Shilling. The Comoros Franc is available in coins (25, 50, 100, 250) and notes (25, 50, 100, 250). (500, 1000, 2000, 5000, 10 000). In general, 1 Euro is worth 490 KMF, and 1 USD is worth 420 KMF. Because its value is tied to the Euro, many major tourist establishments accept Euros as payment. On Grande Comore (Ngazidja), foreign currency can be exchanged at banks in the towns, but banking services are limited on the other islands.

Banks are open on weekday mornings only, from 7 am to 12 pm. Besides, the acceptance of credit cards is limited to a few upmarket hotels. For example, there is an ATM that accepts VISA bank cards at the port, in the lobby of the Retaj Hotel, as well as a few other ATMs in Moroni and one in Mitsamioul on the north of Grand Comore.