Comoros Franc (KMF) = 100 centimes. Notes are in denominations of KMF10,000, 5,000, 2,500, 1,000 and 500. Coins are in denominations of KMF20, 10, 5, 2 and 1, and 20 centimes. The Comoros Franc is part of the French Monetary Area and Euros and US Dollars are also commonly used. The Comoros Franc is tied to the Euro.
There is limited acceptance of most international credit cards (mainly in hotels). Some hotels and restaurants will accept foreign currencies, mostly Euros and US Dollars. Change may be given in local currency.
The Banque d'Industrie et Commerce (BIC) (also known as the Banque Internationale des Comores) is the only bank that will change traveller's cheques. There is no blanket policy on hotels accepting traveller's cheques and travellers are advised to contact hotels individually.
To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros.
Mon-Thurs 0730-1300; Fri 0730-1100.
There are no restrictions on the import or export of local or foreign currency.
Foreign currency may be exchanged in banks in the towns. Banking facilities are very limited on the other islands.
Comoros duty free
The following goods may be imported into the Comoros by travellers 18 years of age and over without incurring customs duty:
• 400 cigarettes or 100 cigars or 500g of tobacco.
• 1 bottle of alcoholic beverage.
• 1 bottle of perfume.
Plants or soil, except on presentation of an import permit issued from the Comoros Agriculture Department, together with a phytosanitary certificate of the place of origin.