AFN to DJF

AFN - Afghan Afghani (؋)
DJF - Djiboutian Franc (Fdj)
1 AFN1 DJF

Currency conversion rates from AFN to DJF

AFNDJF
1 AFN1 DJF
5 AFN5 DJF
10 AFN10 DJF
20 AFN20 DJF
50 AFN50 DJF
100 AFN100 DJF
250 AFN250 DJF
500 AFN500 DJF
1000 AFN1000 DJF
2000 AFN2000 DJF
5000 AFN5000 DJF
10000 AFN10000 DJF
DJFAFN
1 DJF1 AFN
5 DJF5 AFN
10 DJF10 AFN
20 DJF20 AFN
50 DJF50 AFN
100 DJF100 AFN
250 DJF250 AFN
500 DJF500 AFN
1000 DJF1000 AFN
2000 DJF2000 AFN
5000 DJF5000 AFN
10000 DJF10000 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 (؋)


DJF - Djiboutian Franc (DJF)

Djiboutian Franc

The official currency for the Djibouti is the Djibouti Franc (DJF). The symbol used for the Franc is Fdj. The Franc is subdivided into centimes; 1 DJF = 100 centimes.

The Djiboutian Franc is the currency in Djibouti (DJ, DJI). The symbol for DJF can be written DF. The Djiboutian Franc is divided into 100 centimes. The exchange rate for the Djiboutian Franc was last updated on May 24, 2019 from Yahoo Finance. The DJF conversion factor has 4 significant digits.

Economy

  • The economy of Djibouti consists mainly of the service industry.
  • There is almost no development in the agriculture or industrial sectors.
  • Unemployment is high; more than 43% of the population falls under the poverty line.
  • Private sector development and human capital accumulation need to be enhanced.
  • Djibouti is strategically situated between the Red Sea and the Gulf of Aden. The country is used as a transit port and is a free-trade zone.

History

  • Djibouti became part of the French protectorate in 1884. The Franc was introduced to Djibouti and was used along with the Indian Rupee and the Maria Theresa Thaler.
  • In 1908, the Franc was officially fixed at the same value of the French Franc.
  • In 1910, banknotes were issued by the Bank of Indochina.
  • From 1919 to 1922, tokens and Commerce paper money were issued.
  • In 1948, the first Djibouti coins were issued.
  • In 1949, the Dijibout Franc was introduced and pegged against the US Dollar at 1 USD = 214.392 Francs.
  • In 1952, production of banknotes was taken over by Public Treasury.
  • In 1971 and 1973 the Franc was revalued. In 1973 the Franc was rated at  1 USD = 177.721 Franc and remains at that rate.
  • In 1977, a new design of banknotes was issued and the national bank took over the printing of banknotes.

More information about DJF - Djiboutian Franc (DJF)