AFN to SHP

AFN - Afghan Afghani (؋)
SHP - St. Helena Pound (£)
1 AFN1 SHP

Currency conversion rates from AFN to SHP

AFNSHP
1 AFN1 SHP
5 AFN5 SHP
10 AFN10 SHP
20 AFN20 SHP
50 AFN50 SHP
100 AFN100 SHP
250 AFN250 SHP
500 AFN500 SHP
1000 AFN1000 SHP
2000 AFN2000 SHP
5000 AFN5000 SHP
10000 AFN10000 SHP
SHPAFN
1 SHP1 AFN
5 SHP5 AFN
10 SHP10 AFN
20 SHP20 AFN
50 SHP50 AFN
100 SHP100 AFN
250 SHP250 AFN
500 SHP500 AFN
1000 SHP1000 AFN
2000 SHP2000 AFN
5000 SHP5000 AFN
10000 SHP10000 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 (؋)


SHP - St. Helena Pound (£)

St. Helena Pound

The St. Helena Pound is the official currency of the Saint Helena and Ascension, two islands in the Atlantic Ocean that are members of the British Overseas Territory of Saint Helena, Ascension, and Tristan da Cunha (which uses the British Pound). The St. Helena Pound is pegged to the British Pound at par.

The Saint Helena Pound is the currency in Saint Helena (St. Helena, SH, SHN). The symbol for SHP can be written S. The Saint Helena Pound is divided into 100 new pence. The exchange rate for the Saint Helena Pound was last updated on May 24, 2019 from Yahoo Finance. The SHP conversion factor has 5 significant digits.

Economy

  • St. Helena and Ascension Island are small, isolated islands in the Atlantic Ocean, with populations of ~4,300 and ~900 people, respectively.
  • The economies of St. Helena and Ascension Island are heavily dependent on government support, either in the form of aid, or in Ascension Island’s case, the military.
  • Tourism to the region is relatively limited, though St. Helena gets some tourism as visitors come to see the place of Napoleon’s imprisonment.
  • Postage stamps are amongst the leading exports of the region. St. Helena also exports coffee that is said to be amongst the world’s most expensive beans.

History

  • St. Helena has a long history of issuing its own notes, relative to other British colonies. From 1716 until the late 18th century, notes were issued in Shilling and Pound denominations.
  • In 1917, another round of notes was issued in denominations of 5, 20, and 40 shillings.
  • The first of the modern St. Helena Pound banknotes were issued in 1976. Prior to that date, both the British Pound(at par) and South African Pound had been accepted on the islands.
  • The first St. Helena Pound coins were issued in 1984, in denominations of 1, 2, 5, 10, and 50 pence, as well as 1 Pound.

More information about SHP - St. Helena Pound (£)