AFN to TTD

AFN - Afghan Afghani (؋)
TTD - Trinidad & Tobago Dollar ($)
1 AFN1 TTD

Currency conversion rates from AFN to TTD

AFNTTD
1 AFN1 TTD
5 AFN5 TTD
10 AFN10 TTD
20 AFN20 TTD
50 AFN50 TTD
100 AFN100 TTD
250 AFN250 TTD
500 AFN500 TTD
1000 AFN1000 TTD
2000 AFN2000 TTD
5000 AFN5000 TTD
10000 AFN10000 TTD
TTDAFN
1 TTD1 AFN
5 TTD5 AFN
10 TTD10 AFN
20 TTD20 AFN
50 TTD50 AFN
100 TTD100 AFN
250 TTD250 AFN
500 TTD500 AFN
1000 TTD1000 AFN
2000 TTD2000 AFN
5000 TTD5000 AFN
10000 TTD10000 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 (؋)


TTD - Trinidad & Tobago Dollar (TTD)

Trinidad & Tobago Dollar

The Trinidad/Tobago Dollar is the official currency of Trinidad and Tobago. It is indicated by a Dollar sign, or TT$ to distinguish it from other Dollar currencies. It is subdivided into 100 cents. Its predecessor currencies are the Trinidadian Dollar and the Tobagon Dollar.

The Trinidad and Tobago Dollar is the currency in Trinidad and Tobago (TT, TTO). The symbol for TTD can be written TT$. The Trinidad and Tobago Dollar is divided into 100 cents. The exchange rate for the Trinidad and Tobago Dollar was last updated on Today from The International Monetary Fund. The TTD conversion factor has 6 significant digits.

Economy

  • Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in the Caribbean.
  • Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning.
  • Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources, but it also supplies manufactured goods, notably food and beverages, as well as cement, to the Caribbean region.
  • Oil and gas account for about 40% of the GDP and 80% of exports, but only 5% of employment.
  • The country is also a regional financial center, and tourism is a growing sector, although it is not proportionately as important as in many other Caribbean islands.
  • The economy benefits from a growing trade surplus.

History

  • The history of currency in the British colony of Trinidad and Tobago closely follows that of the British Eastern Caribbean territories.
  • Even though Queen Anne’s proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight continued to be a major portion of the circulating currency into the latter half of the 19th century.
  • Britain adopted the gold standard in 1821 and an imperial order-in-council of 1838 resulted in Trinidad and Tobago formally adopting the British Pound currency.
  • In 1949, the British West Indies Dollar was introduced into the region, and replaced the British Pound in Trinidad and Tobago.
  • Trinidad and Tobago banknotes were first issued in 1964, replacing the British West Indies Dollar at par.

More information about TTD - Trinidad & Tobago Dollar (TTD)