Convert Afghan Afghani to US Dollar
Convert Afghan Afghani (AFN) to US Dollar (USD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, reintroduced in 2002 after decades of conflict and monetary instability. The new afghani replaced the old afghani at a rate of 1,000 to 1, successfully reducing the denominations in circulation. Da Afghanistan Bank is the central bank responsible for its issuance. The afghani has experienced significant volatility in recent years due to political instability and international sanctions. The currency is divided into 100 pul, though pul coins are rarely used in practice due to their negligible value.
About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).