NationMaster - Encyclopedia: Afghan afghani

1 afghani

2 afghanis Image File history File links AfghanistanPNew-1Afghani-SH1371(2002)_f. ... Image File history File links AfghanistanPNew-1Afghani-SH1371(2002)_b. ...

5 afghanis Image File history File links AfghanistanPNew-2Afghanis-SH1381-2002_f. ... Image File history File links AfghanistanPNew-2Afghanis-SH1381-2002_b. ...

10 afghanis Image File history File links AfghanistanPNew-5Afghanis-SH1381-2002_f. ... Image File history File links AfghanistanPNew-5Afghanis-SH1381-2002_b. ...

20 afghanis Image File history File links AfghanistanPNew-10Afghanis-SH1381-2002_f. ... Image File history File links AfghanistanPNew-10Afghanis-SH1381-2002_b. ...

50 afghanis Image File history File links AfghanistanPNew-20Afghanis-SH1381(2002)_f. ... Image File history File links AfghanistanPNew-20Afghanis-SH1381(2002)_b. ...

100 afghanis Image File history File links AfghanistanPNew-50Afghanis-SH1381-2002_f. ... Image File history File links AfghanistanPNew-50Afghanis-SH1381-2002_b. ...

500 afghanis Image File history File links AfghanistanPNew-100Afghanis-SH1381(2002)_f. ... Image File history File links AfghanistanPNew-100Afghanis-SH1381(2002)_b. ...

1000 afghanis Image File history File links AfghanistanPNew-500Afghanis-SH1381-2002_f. ... Image File history File links AfghanistanPNew-500Afghanis-SH1381-2002_b. ...

Image File history File links AfghanistanPNew-1000Afghanis-SH1381-2002_f. ... Image File history File links AfghanistanPNew-1000Afghanis-SH1381-2002_b. ...

History

First Afghani, 1925-2003

The first afghani was introduced in 1925. It replaced the Afghan rupee at a rate of 1 afghani = 1.1 rupees. [1] It had the ISO 4217 code AFA. The rupee was the currency of Afghanistan until 1925. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...

Prior to the U.S. invasion of Afghanistan, warlords, political parties, foreign powers and forgers each made their own afghanis, with no regard to standardization or honoring serial numbers. For example, after the Northern Alliance lost power in 1996, it had banknotes produced in Russia which were sold on the markets of Kabul at half their value. In April, 2000, the afghani traded at 6,400 AFA per USD. By 2002, the afghani was valued at 43,000 AFA per USD. Combatants al-Qaeda, Taliban Northern Alliance, United States, United Kingdom, Canada, Australia, France, New Zealand, Italy, Germany Commanders Mohammed Omar Osama bin Laden Tommy Franks Mohammed Fahim Strength Casualties {{{notes}}} The United States invasion of Afghanistan occurred in October 2001, in the wake of the September 11, 2001 attacks on... The Northern Alliance is a term used by the western media, Taliban and Al Qaida to identify the military coalition of various Afghan groups fighting the Taliban. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... A view of the old city Kabul Kabul (, KÃ¢bl, in Persian Ú©Ø§Ø¨Ù„) is the capital and largest city of Afghanistan with a population variously estimated at 2 to 4 million. ... This article is about the year 2000. ... For album titles with the same name, see 2002 (album). ... The United States dollar is the official currency of the United States. ...

Second Afghani, 2003-

On January 2, 2003, a three-month transition period ended, swapping old afghani banknotes for a new currency. The new afghani received a new ISO 4217 code of AFN and was worth 1000 old afghanis. Thus, the new afghani was valued at 43 AFN per USD. January 2 is the second day of the year in the Gregorian calendar. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...

Prior to the reissue there were more than 15 trillion Afghanis in circulation after unrestrained printing under Taliban rule and during wars and occupation.

After depreciating during the last quarter of 2003/04, the Afghani has been appreciating steadily, gaining 8 percent against the U.S. dollar between end-March 2004 and end-July 2004. This appreciation, at a time of increasing inflation, appears to reflect a greater willingness by the population to use the Afghani as a medium of exchange and as a store of value. This trend appears to be attributable to the relative stability of the exchange rate since the introduction of the new currency, administrative measures aimed at promoting its use, such as the requirement that shopkeepers must price goods in Afghanis. Donors are increasingly making payments in Afghani instead of U.S. dollars and this appears to be widely accepted.

Circulating Currency

New denominations come in 1, 2 and 5 Afghani coins and banknotes, and the other issue of 10, 20, 50, 100, 200, 500, 1000, and 10000 Afghani all paper issue.

On October 1, Afghan Central Bank governor Anwar Ul-Haq Ahadi announced that Afghans should use their own afghani currency in daily transactions rather than United States dollars or Pakistani rupees. This was in preparation for October 8 when all prices in the Afghan marketplace were to be specified in afghanis. October 1 is the 274th day of the year (275th in leap years) in the Gregorian Calendar. ... Da Afghanistan Bank (د افغانستان بانک in Pashto) is the Afghanistan. ... Anwar ul-Haq Ahadi, a U.S. citizen, is governor of the Afghan Central Bank. ... This article is about general United States currency. ... The Pakistani rupee (PKR) is the currency of Pakistan. ... October 8 is the 281st day of the year (282nd in leap years). ...

External links

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Contents

History GA_googleFillSlot("encyclopedia_square");

First Afghani, 1925-2003

Second Afghani, 2003-

Circulating Currency

External links

History