Comoros - money - Countries Guide

The official currency is the Comoros Franc (KMF), which is divided into 100 centimes. Its value is tied to the Euro and many major tourist establishments accept Euros as payment. In towns, foreign currency can be exchanged at banks on Ngazidja, but banking facilities are limited on the other islands. The Banque Internationale des Comores (BIC) is the only bank that will change travellers cheques. To avoid additional charges take travellers cheques in Euros. There is no bank on Mwali. Banks are open on weekday mornings only, from 7am to 12pm. The acceptance of credit cards is limited to a few upmarket hotels.