Afghan Afghani

About The Afghan Afghani: The Currency of Afghanistan

Quick Facts About the Afghan Afghani Notes

Country of Origin	Afghanistan
Symbol	Af or ؋
Currency Code	AFN
Nick Names
Minor units	Pul
Denominations (Banknotes)	Af. 1, Afs. 2, Afs. 5, Afs. 10, Afs. 20, Afs. 50, Afs. 100, Afs. 500 and Afs. 1,000
Motto
Identification Feature	On the obverse side of the Afs. 10,000 note, you can find the images of Seal of Da Afghanistan Bank and Great Mosque of Herat.
Issuing Bank	Da Afghanistan Bank
In Circulation Since	September 4, 2002 (new currency)

The Afghan afghani Currency, which is the country's official currency, is printed by the Central Bank of Afghanistan, which is known as Da Afghanistan Bank. After reforms were implemented in 2002 to standardise the country's currency and bring it into line with international practise, the AFN was introduced as a result of these reforms. In September of 2021, one dollar was equivalent to approximately 88 afghanis. The Afghani is the country's primary unit of currency and the name by which it is commonly known (AFN). The ISO 4217 code AFN was implemented in 2003. Before the change, it was traded under the ticker symbol AFA on financial markets. The Afghan afghani symbol is Af or ؋.

The Afghan Afghani price is INR (⚠️ 🔄) . You can keep an eye on the real-time Afghan Afghani price.

History of the Afghan Afghani

The national currency of Afghanistan has been subjected to a number of different iterations throughout the course of the last few decades. In 1925, the Afghani currency that we use today succeeded the Afghan rupee; in 2002, it was subjected to a revision, and in 2003, it was introduced into circulation as the Afghani (AFN).

The former Afghani currency was based on a fixed exchange rate, but the new Afghani uses a managed variable exchange rate. The economy of Afghanistan has been through a lot recently. Following the conclusion of the Soviet-Afghan War, which began in 1979 and lasted for more than a decade, Afghanistan has been wracked by a variety of violent civil wars ever since.

The Afghanistan Financial Network is currently managed by Da Afghanistan Bank, which is Afghanistan's central bank. The objective of the central bank is to maintain monetary exchange rate flexibility while simultaneously lowering inflationary pressures. Since 2005, when they were first brought to the market as a replacement for the AFN one, two, and five banknotes, coins have been in use as currency. The Afghan rupee, which had been in use as a currency in Afghanistan since 1891, was finally replaced by the original afghani in the year 1925. One afghani can be further subdivided into 100 puls, and one amani can be purchased for every 20 afghanis that are traded in exchange for it.

In 1952, 25 pul and 50 pul were the first aluminium alloys to be produced. Two years later, in 1958, Afs. 2 and Afs. 5 were introduced. In 1961, the Af. 1, Afs. 2, and Afs. 5 coins were created with nickel-clad steel.

Additionally, the Islamic State of Afghanistan issued a number of commemorative coins between the years 1995 and 2001. These pieces were circulated throughout the country.

Countries Accepting the Afghan Afghani

Amount in the Afghan Afghani You Should Carry for Your Trip

Numerous factors, such as mode of transportation and accommodation options play a role in determining vacation costs. A visitor in Afghanistan might spend about 3,858 Afs each day on entertainment and other forms of recreation. It will cost you more than 20,000 Afs Canadian Dollars per day, per person, to make use of high-end services and facilities such as private vehicle trips, meals cooked by chefs, and rooms in five-star hotels. It is not uncommon for the overall cost of a vacation to Afghanistan for two people to range between 8,000 Afs to 40,000 Afs.

The cost of a night's stay in a standard room at a hotel in Afghanistan can range anywhere from roughly 2,000 Afs to as much as 7,000 Afs each day. Your daily transportation costs in Canada could run anywhere from 300 Afs to 3,250 Afs, depending on whether you choose to walk, ride the bus, or use a cab to go around.

You can check the live Afghan Afghani rate in order to plan a cost-effective vacation. You can also check out the conversion rate of Afghan Afghani to Dollar and Afghan Afghani to PKR.