AFN to JOD

AFN - Afghan Afghani (؋)
JOD - Jordanian Dinar (د.أ.‏)
1 AFN1 JOD

Currency conversion rates from AFN to JOD

AFNJOD
1 AFN1 JOD
5 AFN5 JOD
10 AFN10 JOD
20 AFN20 JOD
50 AFN50 JOD
100 AFN100 JOD
250 AFN250 JOD
500 AFN500 JOD
1000 AFN1000 JOD
2000 AFN2000 JOD
5000 AFN5000 JOD
10000 AFN10000 JOD
JODAFN
1 JOD1 AFN
5 JOD5 AFN
10 JOD10 AFN
20 JOD20 AFN
50 JOD50 AFN
100 JOD100 AFN
250 JOD250 AFN
500 JOD500 AFN
1000 JOD1000 AFN
2000 JOD2000 AFN
5000 JOD5000 AFN
10000 JOD10000 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 (؋)


JOD - Jordanian Dinar (JD)

Jordanian Dinar

The Jordanian Dinar is the official currency of Jordan, and is pegged to the United States Dollar at 0.709 JOD = 1 USD. After Israel took control of the West Bank in 1967, the Jordanian Dinar remained in circulation along with Israeli currency. During hyperinflation periods in Israel in 1970 and 1980, the Jordanian Dinar provided stability.

The Jordanian Dinar is the currency in Jordan (JO, JOR). The symbol for JOD can be written JD. The Jordanian Dinar is divided into 1000 fils. The exchange rate for the Jordanian Dinar was last updated on May 24, 2019 from Yahoo Finance. The JOD conversion factor has 5 significant digits.

Economy

  • Jordan is a small country with limited natural resources. The country is exploring ways to expand its limited water supply and using existing water resources more efficiently, including through regional cooperation with Israel.
  • The country depends on external sources for most of its energy needs. During the 1990s, its crude petroleum needs were met through imports from Iraq and neighboring countries.
  • Since early 2003, oil has been imported from some countries of the Gulf Cooperation Council.
  • In 2003 the Arab Gas Pipeline from Egypt to the southern port city of Aqaba was completed. The Jordanian government plans to extend this pipeline north to the Amman area and beyond.

History

  • Jordan used the Palestinian Pound as its currency until 1949, when the Jordanian Dinar was introduced at par with the Pound.
  • In 1949, coins were introduced in denominations of 1, 5, 10, 20, 50, and 100 fils. The first issue of 1 fils was mistakenly minted with the denomination of 1 fil.
  • 20 fils coins were minted until 1965, 25 fils coins were introduced in 1968, and ¼ dinar coins in 1970. The 1 fils coin was last minted in 1985.
  • Until 1992, coins were named in Arabic as fils, qirsh, dirham, and dinar. In English only the fils and Dinar names were used.
  • Since 1992, the fils and dirham names are no longer used in Arabic; English names are given in Dinar and either qirsh or piastres.
  • In 1996, smaller ¼ dinar coins were introduced, as well as ½ and 1 dinar coins.

More information about JOD - Jordanian Dinar (JD)