AFN to BTN

AFN - Afghan Afghani (؋)
BTN - Bhutanese Ngultrum (Nu.)
1 AFN1 BTN

Currency conversion rates from AFN to BTN

AFNBTN
1 AFN1 BTN
5 AFN5 BTN
10 AFN10 BTN
20 AFN20 BTN
50 AFN50 BTN
100 AFN100 BTN
250 AFN250 BTN
500 AFN500 BTN
1000 AFN1000 BTN
2000 AFN2000 BTN
5000 AFN5000 BTN
10000 AFN10000 BTN
BTNAFN
1 BTN1 AFN
5 BTN5 AFN
10 BTN10 AFN
20 BTN20 AFN
50 BTN50 AFN
100 BTN100 AFN
250 BTN250 AFN
500 BTN500 AFN
1000 BTN1000 AFN
2000 BTN2000 AFN
5000 BTN5000 AFN
10000 BTN10000 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 (؋)


BTN - Bhutanese Ngultrum (BTN)

Bhutanese Ngultrum

The official currency of Bhutan is the Bhutan Ngultrum (BTN). The symbol for the Ngultrum is Nu. The currency is divided into 100 chhertum. The Ngultrum is pegged to the Indian Rupee at par. The only currency with which the Bhutan Ngultrum can be exchanged is the Indian Rupee.

The Bhutanese Ngultrum is the currency in Bhutan (BT, BTN). The symbol for BTN can be written Nu. The Bhutanese Ngultrum is divided into 100 chetrum. The exchange rate for the Bhutanese Ngultrum was last updated on May 24, 2019 from Yahoo Finance. The BTN conversion factor has 5 significant digits.

Economy

  • Bhutan has a small economy and the country is underdeveloped.
  • The country is dependant on assistance from India.
  • The main industries are tourism, wood products, cement, processed food, alcohol, fruits, and calcium carbide.
  • The unemployment rate is estimated at 3%.
  • Export products are cardamom, handicrafts, fruits, precious stones, gypsum, and special spices.
  • Bhutan exports electricity to India.
  • The growth rate for the industrial portion of the economy averages 9%.
  • Import products are machinery, lubricants, rice, and fabrics.
  • Bhutan was the first country to ban smoking and tobacco.
  • Agricultural products are corn, rice, eggs, dairy products, citrus, root crops, and food grains.
  • The economy market is mainly export.
  • Production growth is currently 9.3%.
  • The main indstries for Bhutan to develop are hydro-electric power and tourism.

History

  • In 1974, the Ngultrum was introduced as the official currency of Buthan. Only 1, 5, 10 Buthan Ngultrum banknotes were issued.
  • In 1978, 100, 50, 20, and 2 Bhutan Ngultrum banknotes were introduced.
  • During the 1960s the Bhutan government focused on developing the economy.
  • Bhutan started to print its own banknotes in 1985.
  • The latest series of banknotes were introduced in 2006 by the Monetary Authorities in denominations of 1,000, 500, 100, 50, 20, 10, 5, and 1 Ngultrum.

More information about BTN - Bhutanese Ngultrum (BTN)