Afghanistan Money

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Afghanistan Money

I would like to express my opinion about Afghanistan Money. Afghani is the currency in Afghanistan, Component of AFN, is money. Afghan banknotes first issued in 1298. In the reign of Amanullah Khan Rupee’s worth a Kabuli published. The establishment of the bank, the money is released during King of Zahir Shah. The money in units 2, 5, 10, 20, 50 and 100 Afghans against the government released its "Royal Government of Afghanistan" was changed. In 1940 for the first time in bills of 2, 5, 10, 20, 50, 100, 500 and 1000 Afghani published. Solar Daoud Khan to power in 1974, there were important changes in printing money, Add the NISHAN JAMHURY and place of the image rather than the image of Daoud Shah was deposed, in the bill. In the Republican era (since 1974), a series of notes 10, 20, 50, 100, 500 and 1000 Afghani unique design but different colors and prints. In the communist era flag of the People's Party also notes the wide variation found in Afghanistan.

In previous periods, with each change of government, the image or add money to the King, but the change in the money in the Communist Regime, was the first person eliminated figures. Pictures and projects working with concepts such as industry and agriculture, the money were added to the communist era. In PARCHAMs Regime, the state was removed from the bill.But with the arrival of the PARCHAM GOVMNT in 1980, for the first time, the official Central Bank of Afghanistan (Da Afghanistan Bank) will replace the signs state bills. It continued in later periods, and so far, the official Central Bank of Afghanistan to top off the bill.

During the Mujahideen, the Afghan currency fell sharply. With the emergence of the Mujahedeen in Afghanistan, also notes were changed. But more importantly, a significant fall in value against foreign currencies was in Afghanistan. Devaluation and printing money without backing, increasing the quantity of money in the market and as a result, bills for the first time in 5000 and 10,000 in Afghanistan, the Afghan banknotes joined together. People and merchants, the money, the unintentional slight variations in color and there was a known serial number printed on the money. During the Afghan Mujahideen and the low value of money, coins were also out.

The most important step in a new era for financial stability and reducing inflation was removed, ex currencies collecting and printing new money, the last money was worth a thousand times. In this period, the new Afghani, with thousands of former AFS exchange and this, much of the increase in inflation and currency value against foreign currencies, was in Afghanistan. Printing money to the value of one, two and five Afghan Mujahideen also took away was that, once common, but scans of five thousand and ten thousand Afghanis, were out.                 

Writer AB. Hameed”Riffat”  Feb 7th 2013



About the author

abdulhameedriffat

BBA graduated from Maryam University working as procurement specialist in procurement policy unite of MOF.

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