AFN to TJS

AFN - Afghan Afghani (؋)
TJS - Tajikistani Somoni (сом.)
1 AFN1 TJS

Currency conversion rates from AFN to TJS

AFNTJS
1 AFN1 TJS
5 AFN5 TJS
10 AFN10 TJS
20 AFN20 TJS
50 AFN50 TJS
100 AFN100 TJS
250 AFN250 TJS
500 AFN500 TJS
1000 AFN1000 TJS
2000 AFN2000 TJS
5000 AFN5000 TJS
10000 AFN10000 TJS
TJSAFN
1 TJS1 AFN
5 TJS5 AFN
10 TJS10 AFN
20 TJS20 AFN
50 TJS50 AFN
100 TJS100 AFN
250 TJS250 AFN
500 TJS500 AFN
1000 TJS1000 AFN
2000 TJS2000 AFN
5000 TJS5000 AFN
10000 TJS10000 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 (؋)


TJS - Tajikistani Somoni (TJS)

Tajikistani Somoni

The Somoni is the currency of Tajikistan. It is named after the father of the Tajik nation, Ismail Samani. The Somoni was put into circulation on October 30, 2000 to replace the Tajikistani Ruble at the rate of 1 Somoni = 1,000 Rubles. The Somoni is subdivided into 100 dirams.

The Tajikistan Somoni is the currency in Tajikistan (TJ, TJK). The Tajikistan Somoni is divided into 100 dirams. The exchange rate for the Tajikistan Somoni was last updated on May 24, 2019 from Yahoo Finance. The TJS conversion factor has 5 significant digits.

Economy

  • The Tajikistani economy has been greatly weakened by six years of civil conflict and the resulting loss of markets for its products.
  • Tajikistan depends on international humanitarian assistance for much of its basic subsistence needs. Even if the peace agreement of June 1997 is honored, the country faces major problems in integrating refugees and former military personnel into the economy.
  • In 2006, the per capita GDP of Tajikistan was 85% of the 1990s level.
  • The population has increased from 5.3 million in 1991 to 7.3 million in 2009.
  • Despite resistance from vested interests, the government of Tajikistan has continued to pursue macroeconomic stabilization and structural reforms since 2000.

History

  • Somoni banknotes in circulation are denominated in 1, 5, 20, and 50 dirams and 1, 5, 10, 20, 50, and 100 Somoni.
  • The Somoni replaced the Tajikistani Ruble, which had been the currency since 1991.
  • Since 2001, the exchange rate has remained relatively stable. In January 2007, 3.21 Somoni = 1 USD.
  • From 2001–2003 Tajikistan’s inflation rates were 33 percent, 12.2 percent, and 16.3 percent, respectively.
  • In 2004 the rate fell to 6.8 percent, and the rate for 2005 was 7.1 percent.

More information about TJS - Tajikistani Somoni (TJS)