Devaluation of USD against AFN
The value of each USD against the Afghan currency has fallen by about (0.40) AFs compared to last week.
According to Economic Reports of Middle East Press; today (Saturday, April 20), 1$ is exchanged for 77.50 AFs in Kabul markets while last week, it was equal to 77.85 AFs.
The AFN exchange rate to other foreign currencies are as follows:
One dollar equals to 77.50 Afghanis
One Euro equals to 86.90 Afghanis
One UK Pound equals to 99.80 Afghanis.
One Saudi Rial equals to 20.45 Afghanis
One UAE Dirham equals to 21 Afghanis
One thousand Iranian Rial equal to 5.59 Afghanis
One thousand Indian Rupees equal to 1100 Afghanis
One thousand Pakistani Rupees equal to 534 Afghanis
According to the Kabul currency exchange markets, the rate of Afghani and other foreign currencies are changing momently.
The AFN exchange rate is falling while the Central Bank has recently announced an increase in the country’s monetary reserves, and because of false monetary policy, there is no effective monetary stability.
