What kind of money is used in Afghanistan?

What kind of money is used in Afghanistan?

The local money used in Afghanistan is Afghani. The currency symbol of the Afghani money is ؋. The Afghani currency code is AFN. The Afghani Notes: The Afghani currency notes are made up of 1 Af, 2, 5, 10, 20, 50, 100, 500, 1000 Afs.

What was the value of the Afghani currency in 2001?

Following the United States invasion of Afghanistan, the currency became highly destabilized. The afghani traded at 73,000 Afs per one U.S. dollar in September 2001, steeply soaring to 23,000 Afs after the fall of the Taliban regime in November 2001, before plunging again to 36,000 Afs in January 2002.

What are the denominations of Afghani bank notes?

Between 1925 and 1928, Treasury notes were introduced in denominations of 5, 10 and 50 afghanis. In 1936, 2, 20 and 100 afghani notes were added. The Bank of Afghanistan ( Da Afghanistan Bank) took over paper money production in 1939, issuing notes for 2, 5, 10, 20, 50, 100, 500 and 1000 afghanis.

When did the bank of Afghanistan take over paper money production?

The Bank of Afghanistan ( Da Afghanistan Bank) took over paper money production in 1939, issuing notes for 2, 5, 10, 20, 50, 100, 500 and 1000 afghanis. The 2 and 5 afghani notes were replaced by coins in 1958. In 1993, 5000 and 10,000 afghani notes were introduced.

What is the value of an Afghani dollar?

Apart from Afghanistan, the citizens of Afghanistan also use the US dollar to some degree. At present, an Afghan Afghani is equivalent to approximately $ 0.014, which is equivalent to 73.22Afs of a US dollar.

What is the Foreign Exchange symbol for Afghanistan?

AFA (Afghanistan Afghani) What is the ‘AFA (Afghanistan Afghani)’. AFN is the foreign exchange (FX) symbol for the Afghanistan afghani, the currency for the Islamic Republic of Afghanistan, which floats freely on global markets taking its value from supply and demand.

When did the Afghani currency replace the rupee?

The original afghani (ISO 4217 code: AFA) was introduced in 1925, replacing the Afghan rupee that was used from 1891 and other currencies. In addition to being subdivided into 100 puls, 20 afghanis were equal to one amani.