AFNAfghan AfghaniAfghan Afghani (AFN)
The afghani is Afghanistan's national currency and the unit used for domestic prices, wages, public accounts and cash settlement.
- ISO code
- AFN
- Symbol
- ؋
- Region
- Asia Pacific
- Currency type
- Fiat currency
- Exchange system
- AFN operates under Afghanistan's national monetary framework administered by Da Afghanistan Bank.
- Last reviewed
Convert this currency
AFN converter
AFNRate date:
Quick facts
AFN at a glance
Currency profile
How AFN works
The afghani is Afghanistan's national currency and the unit used for domestic prices, wages, public accounts and cash settlement.
Da Afghanistan Bank administers AFN and Afghanistan's monetary framework. One afghani is formally divided into 100 pul.
- The afghani name was introduced in 1925 in place of the Afghan rupee.
- The current AFN scale was established by a 2002 redenomination that replaced the old afghani.
Context
Why this currency matters
AFN conversions need a clear unit definition because records before and after the 2002 redenomination use very different scales. Cash remains important in Afghanistan, while access to formal foreign exchange can vary. A provider reference rate should therefore be read as dated information rather than a guaranteed local transaction quote.
Monetary framework
Exchange arrangement
AFN operates under Afghanistan's national monetary framework administered by Da Afghanistan Bank.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for AFN
Afghani introduced
Afghanistan introduced the afghani to replace the rupee-based national unit.
Da Afghanistan BankCurrency redenominated
One new afghani replaced 1,000 old afghanis under the current AFN code.
Da Afghanistan BankReform completed
The redenominated notes and coins became the standard national cash system.
Da Afghanistan Bank
Usage and economy
How AFN is used
- Afghanis denominate local retail prices, payroll and government accounting.
- PKR, TJS, UZS and INR are useful regional comparison currencies.
Banknotes and coins
AFN currency units
Da Afghanistan Bank is the authoritative source for the current AFN banknote framework.
Da Afghanistan Bank is the authoritative source for the current AFN coin framework.
One Afghan Afghani unit is recorded with 2 decimal places and uses Pul as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
AFN questions
What changed in Afghanistan's 2002 currency reform?
The current afghani replaced 1,000 old afghanis and established the AFN scale used today.
What is one afghani divided into?
One afghani is formally divided into 100 pul.
Why should historical AFN amounts include a date?
Amounts before the 2002 redenomination may refer to the old scale, so the date determines which unit is meant.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.