AFN to SCR

AFN - Afghan Afghani (؋)
SCR - Seychellois Rupee (SR)
1 AFN1 SCR

Currency conversion rates from AFN to SCR

AFNSCR
1 AFN1 SCR
5 AFN5 SCR
10 AFN10 SCR
20 AFN20 SCR
50 AFN50 SCR
100 AFN100 SCR
250 AFN250 SCR
500 AFN500 SCR
1000 AFN1000 SCR
2000 AFN2000 SCR
5000 AFN5000 SCR
10000 AFN10000 SCR
SCRAFN
1 SCR1 AFN
5 SCR5 AFN
10 SCR10 AFN
20 SCR20 AFN
50 SCR50 AFN
100 SCR100 AFN
250 SCR250 AFN
500 SCR500 AFN
1000 SCR1000 AFN
2000 SCR2000 AFN
5000 SCR5000 AFN
10000 SCR10000 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 (؋)


SCR - Seychellois Rupee ()

Seychellois Rupee

The Rupee is the official currency of Seychelles. Within the native Creole Seychellois (Seselwa) dialect, it's known the roupi. The Rupee uses the symbols SR, SCR, and SRe.

The Seychelles Rupee is the currency in Seychelles (SC, SYC). The symbol for SCR can be written SR. The Seychelles Rupee is divided into 100 cents. The exchange rate for the Seychelles Rupee was last updated on May 24, 2019 from Yahoo Finance. The SCR conversion factor has 4 significant digits.

Economy

  • The primary industry in Seychelles is tourism, employing ~30% of the workforce on the island. Tourism has seen dramatic growth in the past few decades, baed on the opening of the Seychelles International Airport in 1971, and several government programs aimed at growing the sector.
  • Agricultural products have declined from ~33% of employment in the 1960s, to roughly 3% today. Primary agricultural products are sweet potatoes, vanilla, coconuts, and cinnamon.
  • Chief exports of the country are fish, copra, cinnamon, and vanilla.

History

  • The Seychelles Rupee was introduced in 1914, circulating alongside the Mauritian rupee, which had previously replaced the British Pound.
  • The 1914 issuing of the Rupee came only in the form of banknotes for 50 cents, 1, 5, and 10 Rupees.
  • Coins were first introduced in 1939, at values of 10 and 25 cents, ½ and 1 Rupee.
  • Upon independence in 1976, the Seychelles Monetary Authority took control of paper currency and issued new 10, 25, 50, and 100 rupee notes.
  • Until 2008, the value of the Seychelles Rupee was tied to a basket made up of 59% Euros, 31% British Pounds, and 10% US Dollar. The Rupee was freely floated on November 2, 2008, and lost 43% of its value in the first day of trading.

More information about SCR - Seychellois Rupee ()