AFN to QAR
Currency conversion rates from AFN to QAR
|1 AFN||1 QAR|
|5 AFN||5 QAR|
|10 AFN||10 QAR|
|20 AFN||20 QAR|
|50 AFN||50 QAR|
|100 AFN||100 QAR|
|250 AFN||250 QAR|
|500 AFN||500 QAR|
|1000 AFN||1000 QAR|
|2000 AFN||2000 QAR|
|5000 AFN||5000 QAR|
|10000 AFN||10000 QAR|
|1 QAR||1 AFN|
|5 QAR||5 AFN|
|10 QAR||10 AFN|
|20 QAR||20 AFN|
|50 QAR||50 AFN|
|100 QAR||100 AFN|
|250 QAR||250 AFN|
|500 QAR||500 AFN|
|1000 QAR||1000 AFN|
|2000 QAR||2000 AFN|
|5000 QAR||5000 AFN|
|10000 QAR||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.
QAR - Qatari Rial (QR)
The Rial is the foreign money of Qatar. That is subdivided into a hundred dirham and is aliased as QR (English).
The Qatari Riyal is the currency in Qatar (QA, QAT). The Qatari Riyal is also known as the Qatar Rial. The symbol for QAR can be written QR. The Qatari Riyal is divided into 100 dirhams. The exchange rate for the Qatari Riyal was last updated on Today from The International Monetary Fund. The QAR conversion factor has 6 significant digits.
- The cornerstone of the economy is petrol and natural gas, an industry that was initiated in 1940. Oil and gas represent roughly half of GDP and 85% of exports.
- Qatar has recently achieved high levels of economic growth due to the high prices of oil. Qatar is the second highest GDP per capita in the world due to oil prices.
- Oil has made Qatar a profit per GDP which ranks including the highest within the world.
- Qatar has no income tax, placing its population amongst the least taxed and wealthiest people in the world.
- The Qatari government is attempting to diversify their economy, to reduce exposure to oil and gas. The country has introduced new developments, as well as tax incentives and capital investments, in order to attract international private investments and entrepreneurs.
- Prior to 1966, Qatar’s currency was the Gulf Rupee – a currency issued by the Indian government.
- Upon the devaluation of the Indian Rupee in 1966, Qatar abandoned the Gulf Rupee in favor of the Saudi Riyal for a few months, followed by the Qatar and Dubai Riyal on March 21, 1966.
- Qatar first started issuing a standalone Qatari Rial currency in 1973. Banknotes and coins were issued in the same formats and increments as the previous Dubai and Qatar Riyal.