Afghanistan Afghani (AFN)

The Afghanistan Afghani (AFN) is the official currency of Afghanistan. It is denoted by the ISO 4217 currency code AFN. The currency is issued and regulated by the Central Bank of Afghanistan.

The Afghanistan Afghani was first introduced in 1925 when Afghanistan gained independence. Over the years, the currency has undergone various transformations, reflecting the economic and political changes in the country. The most recent introduction of the Afghanistan Afghani (AFN) was in 2002, following the fall of the Taliban regime.

The Afghanistan Afghani is subdivided into smaller units called pul, with 1 Afghani being equivalent to 100 puls. However, the use of puls is limited, and they are not commonly used in daily transactions.

The Afghanistan Afghani is widely accepted as legal tender within Afghanistan and is predominantly used for domestic trade. It is also used in the country’s foreign trade transactions.

The value of the Afghanistan Afghani is subject to a floating exchange rate regime against foreign currencies. As a result, its value can fluctuate in response to market forces and changes in the global currency markets. Generally, the Afghanistan Afghani has a weaker value against major currencies like the US Dollar (USD).

To stay updated on the current exchange rates and for more information about the Afghanistan Afghani, it is advisable to refer to the official website of the Central Bank of Afghanistan or follow reliable currency exchange platforms.