AFN to BND

AFN - Afghan Afghani (؋)
BND - Brunei Dollar ($)
1 AFN1 BND

Currency conversion rates from AFN to BND

AFNBND
1 AFN1 BND
5 AFN5 BND
10 AFN10 BND
20 AFN20 BND
50 AFN50 BND
100 AFN100 BND
250 AFN250 BND
500 AFN500 BND
1000 AFN1000 BND
2000 AFN2000 BND
5000 AFN5000 BND
10000 AFN10000 BND
BNDAFN
1 BND1 AFN
5 BND5 AFN
10 BND10 AFN
20 BND20 AFN
50 BND50 AFN
100 BND100 AFN
250 BND250 AFN
500 BND500 AFN
1000 BND1000 AFN
2000 BND2000 AFN
5000 BND5000 AFN
10000 BND10000 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 (؋)


BND - Brunei Dollar (BND)

Brunei Dollar

The Sultanate of Brunei’s official currency is the Brunei Dollar (BND). The symbol used for the Dollar is $; to distinguish it from other Dollar currencies the symbol B$ is used. The Dollar is divided into 100 cent denominations. The Monetary Authority of Singapore manages the Brunei dollar as well as the Singapore dollar.

The Brunei Dollar is the currency in Brunei (BN, BRN). The Brunei Dollar is also known as the Brunei Darussalam Dollar, and penny. The symbol for BND can be written B$. The Brunei Dollar is divided into 100 sen (100 cents). The exchange rate for the Brunei Dollar was last updated on Today from The International Monetary Fund. The BND conversion factor has 6 significant digits.

Economy

  • Although Brunei is small it has a wealthy economy.
  • Inflation in Brunei is currently estimated at 1.2%.
  • Brunei is mainly industry-based and industry accounts for 74% of the total GDP.
  • Top industries in Brunei are petroleum refining, natural gas, construction, and petroleum.
  • Unemployment is estimated at 3.7%.
  • Brunei owns a cattle farm in Australia that is the main source of meat for Brunei.
  • Import products are mainly food-related; however, the country is looking to diversify the agriculture and fishing industries to provide more of their own food.

History

  • The Straights Dollar was used by Brunei in the early 20th century, as well as the British Borneo Dollar and the Malayan Dollar.
  • In 1967, Brunei started issuing its own currency. The British Borneo Dollar was replaced by the Brunei Dollar.
  • In 1972, the second edition of Dollar banknotes was issued.
  • Until 1973, the Brunei Dollar and Singapore Dollar were exchangeable with the Malaysian Ringgit. The Singapore Monetary Board still allows the exchange of these currencies.
  • In 1989, the post-independence banknote series was introduced.
  • From 1996 to 2000, both polymer and paper series were circulated.
  • In 2004, new polymer banknotes were launched.
  • In 2011, the polymer series was reintroduced: $1 blue, $5 green, and $10 red banknotes.

More information about BND - Brunei Dollar (BND)