AFN to BDT

AFN - Afghan Afghani (؋)
BDT - Bangladeshi Taka ()
1 AFN1 BDT

Currency conversion rates from AFN to BDT

AFNBDT
1 AFN1 BDT
5 AFN5 BDT
10 AFN10 BDT
20 AFN20 BDT
50 AFN50 BDT
100 AFN100 BDT
250 AFN250 BDT
500 AFN500 BDT
1000 AFN1000 BDT
2000 AFN2000 BDT
5000 AFN5000 BDT
10000 AFN10000 BDT
BDTAFN
1 BDT1 AFN
5 BDT5 AFN
10 BDT10 AFN
20 BDT20 AFN
50 BDT50 AFN
100 BDT100 AFN
250 BDT250 AFN
500 BDT500 AFN
1000 BDT1000 AFN
2000 BDT2000 AFN
5000 BDT5000 AFN
10000 BDT10000 AFN

AFN - Afghan Afghani (؋)

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.

Economy

  • 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.

History

  • 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.

More information about AFN - Afghan Afghani (؋)


BDT - Bangladeshi Taka (Tk)

The currency used by the People’s Republic of Bangladesh is known as the Bangladeshi taka. The Bangladeshi taka is represented by the code BDT. ‘Tk’ is the official symbol, along with the Bengali symbol টাকা. The most popular BDT conversion is in exchange for US dollars (USD).

The currency for Bangladesh is the Bangladeshi Taka (BDT). The Central Bank of Bangladesh controls the right to issue the currency. The symbols used for the Taka are Tk. The Taka is divided into smaller denominations of 100 poisha. The word Taka is commonly used by the locals as any money currency. The 1-taka coin is almost never used and is rare.

The Bangladeshi Taka is the currency in Bangladesh (BD, BGD). The symbol for BDT can be written Tk. The Bangladeshi Taka is divided into 100 paisa (poisha). The exchange rate for the Bangladeshi Taka was last updated on May 24, 2019 from Yahoo Finance. The BDT conversion factor has 4 significant digits.

Economy

  • The Bangladesh economy is growing at a rapid pace.
  • Plus or minus of 19% Bangladesh’s economy consists of agriculture, 27% is industry-based, and 52% is service-based.
  • Top industries are garments, paper, chemical fertilizer, shipbuilding, textiles, jute, and leather.
  • Export products are ships, frozen seafood, leather, garments, ceramics, pharmaceuticals, and cement.
  • Import products are raw cotton, petroleum, crude oil, steel, iron, chemicals, machinery, and equipment.
  • Bangladesh’s unemployment rate is estimated at 5.1%.
  • Agricultural products are mainly rice and jute. Rice is harvested three times a year.
  • In 2009 Bangladesh exported more products than India.
  • In 2010 there was an estimated per capita income of $1,700.
  • The solid GDP growth is due to the strict Bangladesh currency regulations.

History

  • Until 1971, the Indian Rupee was used in Bangladesh.
  • In 1972, the Taka became the official currency of Bangladesh.
  • In 1973 coins were implemented for the following denominations: 50, 25, 10, and 5 poisha.
  • Treasury Taka notes were issued from the year 1972 until 1989.
  • In 2008, the Bangladesh government issued the first 1,000-taka note.
  • In 2011, a new series of notes were in introduced. All the notes carry the 2011 date and a watermark.

More information about BDT - Bangladeshi Taka (Tk)