How to send money to the Comoros in 2026: in euros, in francs and to family on the islands
The Comorian franc is pegged to the euro at a fixed 491.96775 francs per euro, and under a 1979 agreement France guarantees it with no limit on the sum, so the sum is known in advance. Money reaches an account in Moroni in 1-3 business days or a wallet, and family transfers made up 18.1% of the economy in 2025.
In short
- The rate is fixed: 491.96775 francs per euro.
- Transfers between France and the Comoros have been free since 1979.
- Family transfers made up 18.1% of the country's economy in 2025.
- 9 institutions accept deposits.
In detail
Transfers to the Comoros on 9 October 2026: what to choose
We checked the routes for a transfer to the Comoros on 9 October 2026. Money arrives at an account at a bank in Moroni in Comorian francs or euros in 1-3 business days, to a mobile wallet by phone number and through a money transfer service. The franc's rate to the euro is fixed at 491.96775 francs per euro, and on that day a dollar costs about 439 francs.
| Route | Now | Currency credited | Time | What you need |
|---|---|---|---|---|
| Bank transfer to a Comorian franc account | works | francs at the fixed rate to the euro | 1-3 business days | the account number, the bank's international code, the recipient's name |
| Transfer in euros to a currency account | works | euros | 1-3 business days | a euro account at a Comorian bank |
| Transfer to a mobile wallet | works | Comorian francs | from a few minutes | the recipient's phone number |
| Money transfer service | works | Comorian francs | from a few minutes | the recipient's ID document |
Is the sender's bank taking a long time to check a payment to Moroni? There are usually more options than it seems: ask a manager, and they will suggest a route for your sum and the recipient's island.
The Comorian franc and the euro: a fixed rate and France's guarantee
On 23 November 1979 the Comoros and France signed a monetary cooperation agreement. Under it France guarantees the Comorian franc with no limit on the sum, the country's foreign exchange reserves are held at the French Treasury, and free exchange of the franc for any sum is set out in a separate article. Since 1999 the franc has been pegged to the euro, so a sum in euros is always converted into francs at the same rate.
The calculation for a family is simple: 1,000 euros give the recipient 491,968 francs ($1,200). The bank first converts a transfer in dollars at the day's rate, so it pays to send euros to family in the Comoros.
So that the money arrives in euros or straight in francs, we will suggest how best to send it to the Comoros. The capital is covered on the Moroni page.
We will help you send money to the Comoros
Mistakes cost more than fees: sending in dollars with an extra conversion instead of euros, paying a contractor to a personal account without a contract, a transfer to one island when the family lives on another. We will help you avoid them: we will choose the route and timing, prepare documents on the source of the money for the bank and carry out the transfer through to crediting.
Details and terms are with a manager in the chat: the cost depends on the sum and the purpose of the transfer.
Transfers from France to the Comoros: 18.1% of the economy
Family transfers made up 18.1% of the Comoros economy in 2025, and they come mainly from France, home to about 350,000 people of Comorian origin. Article 7 of the 1979 agreement states plainly that money transfers between France and the Comoros are free. This money supports the country's foreign exchange reserves: at the end of September 2025 they covered 7.6 months of imports, above the norm for small island states.
A transfer from France goes in euros within one payment area with a fixed rate, so the recipient on Ngazidja, Anjouan or Moheli knows the sum in francs in advance. From other countries money arrives by an ordinary international transfer through the recipient's bank.
If your relatives live on different islands, a manager will choose a route that gets the money to each of them without extra trips.
Banks in the Comoros: nine institutions accept deposits
9 institutions accept deposits in the Comoros, and the three largest of them hold 69% of all deposits. Financial system assets grew to 38% of the economy by the end of October 2025, up from 35% a year earlier, and credit to private business rose 9.7% in 2025. The country is building ports, roads and hotels for the 2027 Indian Ocean Island Games, so more and more transfers go to contractors and suppliers.
A payment to a company in the Comoros is best made to its bank account, with the contract and invoice in the purpose. For small expenses it is easier to send family money to a wallet: it is passed on by phone number within the country.
What documents a bank in the Comoros asks for, by sum
- Up to $10,000. The recipient's name, the account or phone number and the purpose: family support, study, medical treatment, a wedding.
- $10,000-100,000. The sender's account statement and a contract: building a house, rent, payment for goods.
- From $100,000. The source of the money, the deal contract and the recipient company's documents. For such a sum a specialist will put together the document package with you.
Documents on the source of money are covered in the article on proof of source of funds, and a large payment in the article on sending a large sum abroad. If you are moving to the islands with your savings, start with the capital relocation page.
Sending money to neighbouring countries
- How to send money to Madagascar: the large neighbour across the Mozambique Channel
- How to send money to Mozambique: the African shore of the channel
- How to send money to Tanzania: a trading partner to the north
- How to send money to the Seychelles: islands of the Indian Ocean
- How to send money to Mauritius: the region's financial centre
- How to send money to France: the main source of transfers to the Comoros
A plan for all your capital when moving is on the capital relocation page.
FAQ
Are money transfers between France and the Comoros free?
Does France guarantee the Comorian franc?
How many institutions accept deposits in the Comoros?
How many months of imports do the Comoros foreign exchange reserves cover?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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