Convert United States Dollar to Afghan Afghani
Please provide values below to convert United States Dollar [USD] to Afghan Afghani [AFN], or Convert Afghan Afghani to United States Dollar.
How to Convert United States Dollar to Afghan Afghani
1 USD = 0.0145037260072113 AFN
Example: convert 15 USD to AFN:
15 USD = 15 × 0.0145037260072113 AFN = 0.217555890108169 AFN
United States Dollar to Afghan Afghani Conversion Table
United States Dollar | Afghan Afghani |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.