AFN 500 | Bank Note | 500 Afghani | Kae Kae | CurrencyStackerKK | Afghanistan | South Asia

AFN 500 | Bank Note | 500 Afghani | Kae Kae | CurrencyStackerKK | Afghanistan | South Asia

500 Afghanistan Afghani

The afghani is the currency of Afghanistan, which traditionally is issued by the nation’s central bank called Da Afghanistan Bank. It is nominally subdivided into 100 puls (پول), although there are no pul coins currently in circulation. In September 2021, one U.S. dollar was exchanged for approximately 88 afghanis. The afghani is also informally referred to as rūpa. The original afghani (ISO 4217 code: AFA) was introduced in 1925, replacing the Afghan rupee that was used from 1891 and other currencies. In addition to being subdivided into 100 puls, 20 afghanis were equal to one amani. The rate of conversion from the rupee is sometimes quoted as 1 afghani = 1 rupee 6 paisas, based on the silver contents of the last rupee coins and the first afghani coins. The afghani initially contained 9 grams of silver.

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