AFN to AZN
Currency conversion rates from AFN to AZN
|1 AFN||1 AZN|
|5 AFN||5 AZN|
|10 AFN||10 AZN|
|20 AFN||20 AZN|
|50 AFN||50 AZN|
|100 AFN||100 AZN|
|250 AFN||250 AZN|
|500 AFN||500 AZN|
|1000 AFN||1000 AZN|
|2000 AFN||2000 AZN|
|5000 AFN||5000 AZN|
|10000 AFN||10000 AZN|
|1 AZN||1 AFN|
|5 AZN||5 AFN|
|10 AZN||10 AFN|
|20 AZN||20 AFN|
|50 AZN||50 AFN|
|100 AZN||100 AFN|
|250 AZN||250 AFN|
|500 AZN||500 AFN|
|1000 AZN||1000 AFN|
|2000 AZN||2000 AFN|
|5000 AZN||5000 AFN|
|10000 AZN||10000 AFN|
AFN - Afghan Afghani (؋)
The Afghan Afghani (AFN) was introduced in 2003 as the new currency for Afghanistan. Two distinct rates were established: the government issue of 1000 and the northern alliance of 2000. Prior to 2003 the currency was the Afghanistan Afghani (AFA). There is no stock market. Money lending as well as foreign exchange is done through money bazaars.
The Afghan Afghani is the currency in Afghanistan (AF, AFG). The symbol for AFN can be written Af. The Afghan Afghani is divided into 100 puls. The exchange rate for the Afghan Afghani was last updated on May 24, 2019 from Yahoo Finance. The AFN conversion factor has 3 significant digits.
- Afghanistan relies on foreign aid, trade, and farming from bordering countries.
- The country and international concerns are focusing on improving infrastructure by creating jobs, promoting development of housing, and investing in education.
- International groups contributed over $2 billion to help Afghanistan’s dying economy.
- Afghanistan's agricultural products include wheat, wool, nuts, mutton, opium, lamb skin, and sheep skin.
- Afghanistan exports mainly nuts, fruit, carpets, and cotton.
- Imports include textiles, petroleum products, and capital goods.
- The first Afghani (AFA) was introduced in 1925. Before this time period the Afghan Rupee was the official currency.
- From the year 1925 to the year 1928 Afghani treasury notes were introduced.
- In 1975, all Afghanistan banks were nationalized.
- In 1981, the Afghani was pegged to the United States Dollar at 1 USD = 50 Afghanis.
- Afghanistan was taken over by Taliban rulers in 1996. The Taliban central bank declared the Afghanistan Afghani worthless and the bank cancelled the contract they had with Russia for printing their money. The country's currency was devalued against the US dollar to a rate of 1 USD = 43 Afghani.
- In 2002, the new Afghan Afghani currency (AFN) was introduced. In October, 2003 Afghanistan started using AFN as the official currency in local trade.
- In 2005, Afghani coins replaced the 1, 2, and 5 Afghani banknotes.
- Since 2005 the Afghanistan economy has grown at a steady pace.
AZN - Azerbaijani Manat (man.)
The New Manat is the currency used in Azerbaijan. There were three Manat currencies issued. The 3rd issue replaced the previous Manat in 2006, with the the new Manat = 5 000 old Manat. There are similarities between the Euro and Manat banknotes; both were designed by Robert Kalina of Austria.
The Azerbaijani Manat is the currency in Azerbaijan (AZ, AZE). The Azerbaijani Manat is divided into 100 gopik. The exchange rate for the Azerbaijani Manat was last updated on May 24, 2019 from Yahoo Finance. The AZN conversion factor has 5 significant digits.
- The main economic base of Azerbaijan is oil.
- The Azerbaijan GDP grew by 41.7 in 2007 and was rated as the fastest-growing economy in the world.
- Agriculture forms 6% of the economy, services 32 %, and industry the remainder.
- The top industries are petroleum and petroleum products, cement, textiles, ore, iron, natural gas, cotton, and foodstuffs.
- There is a restriction on non-citizens; they are not allowed to export the national currency outside of Azerbaijan.
- The country has a low unemployment rate of 0.9%.
- The main export is oil. Caspian oil is transported via pipeline to various Mediterranean countries.
- The first Manat was issued 1919 and was in circulation until 1923. After Azerbaijan became part of the Soviet Socialist Republic, the Manat was known in Russia as the Ruble. Both languages were printed on the bank notes, as well as French. There were no coins or small denominations.
- The Russian Ruble was replaced by the second Azerbaijan Manat in 1992.
- The new Azerbaijan Manat introduced in 2006 is currently the national currency. Qəpik coins that went out of circulation between 1993 to 2006 were reintroduced.
- At the end of 2006 the old Manat was taken out of circulation.