AFN to DKK

AFN - Afghan Afghani (؋)
DKK - Danish Krone (kr.)
1 AFN1 DKK

Currency conversion rates from AFN to DKK

AFNDKK
1 AFN1 DKK
5 AFN5 DKK
10 AFN10 DKK
20 AFN20 DKK
50 AFN50 DKK
100 AFN100 DKK
250 AFN250 DKK
500 AFN500 DKK
1000 AFN1000 DKK
2000 AFN2000 DKK
5000 AFN5000 DKK
10000 AFN10000 DKK
DKKAFN
1 DKK1 AFN
5 DKK5 AFN
10 DKK10 AFN
20 DKK20 AFN
50 DKK50 AFN
100 DKK100 AFN
250 DKK250 AFN
500 DKK500 AFN
1000 DKK1000 AFN
2000 DKK2000 AFN
5000 DKK5000 AFN
10000 DKK10000 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 (؋)


DKK - Danish Krone (kr)

The Danish krone is the official currency of Denmark, Greenland, and the Faroe Islands. The code for the Danish krone is DKK. The sign for the currency is the abbreviation ‘kr’, which comes after the numerical value (e.g. 5 kr). Krone is the Danish word for crown, so the currency is sometimes referred to as the Danish crown. The plural of krone is kroner.

The official currency for the Kingdom of Denmark is the Danish Krone (DKK). The Krone is currently pegged to the Euro. The Krone is subdivided into 100 ore. The symbol for the Krone is kr. Another the name for the Krone is the Danish Crown.

The Danish Krone is the currency in Denmark (DK, DNK), Faeroe Islands, and Greenland (GL, GRL). The Danish Krone is also known as Krones. The symbol for DKK can be written Dkr. The Danish Krone is divided into 100 ore. The exchange rate for the Danish Krone was last updated on Today from The International Monetary Fund. The DKK conversion factor has 6 significant digits.

Economy

  • The country advocates a liberal trade policy.
  • The main industries are textiles, clothing, windmills, food processing, chemicals, steel, iron, gas, furniture, wood, shipbuilding, and non-ferrous metals.
  • Export products are meat, Christmas trees, wood, fish, diary products, potted plants, furniture, pharmaceuticals, instruments, and machinery.
  • Import products are chemicals, grains, foodstuffs, raw materials, equipment, and machinery.
  • Unemployment is 4.1%
  • Poverty is rated as not applicable, because Denmark runs a broad-reaching welfare system.
  • Inflation for the country is 1.3%.

History

  • The first krone was introduced in the 1800s.
  • In 1873 the Danish rigsdaler was replaced by a new krone.
  • The krone formed part of the Monetary Union until World War I. In 1914 the Union was abandoned and the gold standard era ended.
  • In 1924 Denmark joined the gold standard again, but abandoned it in 1931.
  • From 1940 to 1945 the krone was joined to the German reichmark. After 1945, 24 krone was equal to 1 British pound.
  • In 1949 the krone became part of the Brentwood system and decreased in value to 6.91 krone = 1 USD.
  • In 1997 a new series of banknotes was released.
  • Thematic coins were distributed for the first time in 2001.
  • In 2009 and 2011 new banknote designs were distributed.

More information about DKK - Danish Krone (kr)