AFN to GEL
Currency conversion rates from AFN to GEL
|1 AFN||1 GEL|
|5 AFN||5 GEL|
|10 AFN||10 GEL|
|20 AFN||20 GEL|
|50 AFN||50 GEL|
|100 AFN||100 GEL|
|250 AFN||250 GEL|
|500 AFN||500 GEL|
|1000 AFN||1000 GEL|
|2000 AFN||2000 GEL|
|5000 AFN||5000 GEL|
|10000 AFN||10000 GEL|
|1 GEL||1 AFN|
|5 GEL||5 AFN|
|10 GEL||10 AFN|
|20 GEL||20 AFN|
|50 GEL||50 AFN|
|100 GEL||100 AFN|
|250 GEL||250 AFN|
|500 GEL||500 AFN|
|1000 GEL||1000 AFN|
|2000 GEL||2000 AFN|
|5000 GEL||5000 AFN|
|10000 GEL||10000 AFN|
AFN - 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.
- 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.
- 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.
GEL - Georgian Lari (GEL)
The Georgian lari is the official currency of the country of Georgia. It’s most commonly converted to the US dollar. The currency code for the lari is GEL, and its sign is ლ. The sign was introduced by the Governor of the National Bank of Georgia (NBG) in July 2014. It’s a three-quartered circle open in the lower-right-hand quadrant. It has two vertical parallel lines at its crest and rests on a platform the length of its diameter. It was conceived as part of a sign design contest that began in 2013. It was meant to be easy to construct and to be reminiscent of the Georgian alphabet.
The Lari is the basic monetary unit of Georgia. The word derives from an old native word meaning hoard. It is divided into 100 teri, the currency used in Georgia during the 13th century.
The Georgian Lari is the currency in Georgia (GE, GEO). The Georgian Lari is divided into 100 tetri. The exchange rate for the Georgian Lari was last updated on May 24, 2019 from Yahoo Finance. The GEL conversion factor has 5 significant digits.
- The largest sector of the Georgian economy is the service industry, with wholesale and retail leading the sector.
- Other industries include agriculture, mining, manufacturing, and fishing.
- Georgia has become a leading producer of eggs and broiler chickens, as well as a primary producer of beef cattle, hogs, and milk.
- Although Georgia was severely damaged economically by civil strife, the country has recovered with the help of the IMF and the World Bank.
- Since 1995, Georgia has achieved positive GDP growth and has minimized inflation.
- On October 2, 1995 the Georgian Lari became the official currency of Georgia.
- It replaced the provisional coupon currency which was the kupon Lari, the currency that had replaced the Russian Ruble on April 5, 1993.
- Eduard Shevardnadze’s government was in power during the establishment of the currency.
- The coins in circulation are 1, 2, 5, 10, 20, and 50 tetri, and 1 and 2 Lari.
- Commonly used banknotes are 5, 10, 20, and 50 Lari.
- The 1, 2, 100, and 200 Lari banknotes are rarely used.