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LOCAL CURRENCY IN AFGHANISTAN

Want to know how much is your money worth in Afghanistan? To find out the current currency exchange rates for Afghanistan is called Afghani.

The Afghan Afghani is issued and managed by the Da Afghanistan Bank. To find out the current currency exchange rates for Afghani to other major currencies of the world, click on foreign currency rates.

Afghan Currency Information
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The currency used in Afghanistan is called as the Afghani. This currency is denoted with the currency sign Af (sing.) or Afs[1] and the ISO 4217 Code for the Afghan Afghani is AFN. The Afghani, is the official currency of the Afghanistan . It is divided into 100 smaller units called pul.

The constitution of Afghanistan provides that the Afghanistan government shall have the power to print the Afghan Afghani and pul coins to be used as a legal tender in Afghanistan. The Afghan Afghani bank notes and Pul coins are both designated as "legal tender" in payment of debts.

The Afghan Afghani bill uses the decimal system, consisting of 100 equal units.

The symbol Af (sing.) or Afs[1], usually written before the numerical amount, is used for the Afghan Afghani.

Currently printed bank notes denominations are 1 Af, 2, 5, 10, 20, 50, 100, 500, 1000 Afs n/a and the coins are minted in the denominations of 1 Af,[1] 2, 5 Afs .

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How Does Balance of Trade and Investment Affect the Value of the Afghan Afghani
Financial analysts regularly cite the balance of trade and investment in Afghanistan as the most important influence on the value of the Afghani. The difference between what the Afghanistan exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Afghani exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Afghani exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Afghan Afghani.
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