Afghanistan: currency. Description and photo

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Afghanistan also has its own national currency, like all countries. The currency was named after the country - afghani. Currently, banknotes and coins are in use. One afghani is equal to 100 pula. Interestingly, the use of debit and credit cards in this country is almost impossible, since ATMs where you can withdraw cash or pay off debts are located only in Kabul. The history of Afghan money is quite interesting. We invite the reader to familiarize themselves with it.

History

Afghani (AFN) was introduced in the twenty-sixth year. But until 1927, the Indian currency was used on the territory of Afghanistan. The first Afghan money was minted in the form of a silver (900th sample) ten-gram coin. Then, until the seventies, the monetary units of different states were used in everyday life. Afghani became the only official currency in 1978, after the entry of Soviet troops into it.

The first banknotes began to be issued by the National Afghan Bank in 1935. Then the "Yes Afghanistan Bank" was established. And in 1939 the latter began to issue new national banknotes. In both banks, banknotes were freely exchanged for silver before World War II. After the April Revolution, Afghanistan's money was printed in the Soviet Union. In the nineties, Afghanistan used the services of Russia in this matter.

Afghani is the national currency of the state of Afghanistan. The currency that circulated in the country before the withdrawal of Soviet troops from it lost its validity in 1991, but was still in circulation for some time. During the period of anarchy, various afghanis were used in the country. And until 2002, 2 types of currency were increasingly approved in circulation: government pressure and general dostumi. Outwardly, they almost did not differ. But the general's currency was valued somewhat cheaper.

Design

Today, there are coins of three denominations in circulation - 1, 2 and 5 afghani. They were replaced by old paper bills. All coins share a common design. On the front side, in the middle, is the coat of arms of the country. It is depicted as a mosque, which is surrounded by a wreath.

The Muslim temple faces the pulpit and the prayer niche towards Mecca. Two flags are located diagonally, on opposite sides of the mosque. The denomination is indicated in the center of the reverse, below the year of issue of the coin. The inscription "Central Bank of Afghanistan" in Pashto is engraved at the top. Externally, the coins have slight differences:

• diameter;
• edge (edge);
• material from which they are made.

Afghani is the national currency of the state of Afghanistan. Currency in denominations of 1 unit is minted from copper-clad steel. Has a smooth edge. In the coin with a face value of 2 units, copper is replaced by nickel. Afghani denomination of 5 unitsstruck in brass with a fluted edge.

Banknote design

Afghan banknotes are made from special paper containing watermarks. They represent the mosque. There is a security thread on the left side of the banknotes. According to Islamic customs, portraits cannot be printed on banknotes, as this violates the commandment, which sounds like the biblical “do not get yourself an idol.” Above and below the banknotes are decorated with national ornaments on both sides. On the reverse is a frame. Above is the emblem of the bank. The banknotes mainly depict various mosques and the Sultan's tomb.

Exchange rates in Afghanistan

Afghani currency under the Taliban was exchanged up to 85,000 units for one US dollar. In 2002, the rate was already 40,000 to one. After the change of government, the ratio changed to 14,000 to one. In December of the same year, a monetary reform was carried out and, as a result, the Afghani denomination was carried out. The country's leadership began to print money in Germany. The exchange of the old currency for a new one lasted 2 months. By the end of 2012, the Afghan exchange rate against the euro was 10:0.15; against the dollar - 10:0, 2; against the Russian ruble - 10:6, 19. Now one dollar can be bought for about 67 afghani.