AFN to BHD

AFN - Afghan Afghani (؋)
BHD - Bahraini Dinar (د.ب.‏)
1 AFN1 BHD

Currency conversion rates from AFN to BHD

AFNBHD
1 AFN1 BHD
5 AFN5 BHD
10 AFN10 BHD
20 AFN20 BHD
50 AFN50 BHD
100 AFN100 BHD
250 AFN250 BHD
500 AFN500 BHD
1000 AFN1000 BHD
2000 AFN2000 BHD
5000 AFN5000 BHD
10000 AFN10000 BHD
BHDAFN
1 BHD1 AFN
5 BHD5 AFN
10 BHD10 AFN
20 BHD20 AFN
50 BHD50 AFN
100 BHD100 AFN
250 BHD250 AFN
500 BHD500 AFN
1000 BHD1000 AFN
2000 BHD2000 AFN
5000 BHD5000 AFN
10000 BHD10000 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 (؋)


BHD - Bahraini Dinar (BHD)

Bahraini Dinar

Since 1965, the official currency for Bahrain has been the Bahraini Dinar (BHD). The symbol for the Dinar is BD; the Arabic symbol is .د. The Bahrain Dinar is pegged to the US Dollar at a rate of 0.376 Dinar = 1 USD.

The Bahraini Dinar is the currency in Bahrain (BH, BHR). The symbol for BHD can be written BD. The Bahraini Dinar is divided into 1000 fils. The exchange rate for the Bahraini Dinar was last updated on January 25, 2019 from The International Monetary Fund. The BHD conversion factor has 6 significant digits.

Economy

  • The Bahrain economy is rated as the 10th freest economy in the world.
  • Top industries are aluminum smelting, petroleum refining and processing, offshore banking coupled with Islamic banking, tourism, iron pelletization, ship repair, and fertilizers.
  • Export products are petroleum, textiles, and aluminum.
  • Petroleum accounts for 60% of export products.
  • Import products are chemicals, machinery, and crude oil.
  • Unemployment rate is estimated at plus or minus 3.8%; however, it is growing rapidly due to the depletion of oil resources.
  • There is almost no agriculture activity in Bahrain; it accounts for only 0.3% of the total GDP.
  • Bahrain has a free trade agreement with the United States of America.
  • The country is working on diversifying its products and has a 15-year plan in place. Currently Bahrain is rated to be the fastest-growing economy of the Arab countries.

History

  • In 1965, the Bahrain Dinar replaced the Gulf Rupee.
  • In 1980, the dinar was pegged to IMF’s special drawing rights. The fixed US Dollar rate is 0.376 dinar = 1 USD.
  • In 1979, new paper notes were introduced.
  • In 2006, the Bahrain Agency became the Central Bank of Bahrain.
  • In 2008, the Central Bank of Bahrain launched a new group of notes that reflected the old and new development of Bahrain.
  • Bahrain also accepts Saudi Riyal, except for the 500 riyal.

More information about BHD - Bahraini Dinar (BHD)