AFN to WST

AFN - Afghan Afghani (؋)
WST - Samoan Tala (WS$)
1 AFN1 WST

Currency conversion rates from AFN to WST

AFNWST
1 AFN1 WST
5 AFN5 WST
10 AFN10 WST
20 AFN20 WST
50 AFN50 WST
100 AFN100 WST
250 AFN250 WST
500 AFN500 WST
1000 AFN1000 WST
2000 AFN2000 WST
5000 AFN5000 WST
10000 AFN10000 WST
WSTAFN
1 WST1 AFN
5 WST5 AFN
10 WST10 AFN
20 WST20 AFN
50 WST50 AFN
100 WST100 AFN
250 WST250 AFN
500 WST500 AFN
1000 WST1000 AFN
2000 WST2000 AFN
5000 WST5000 AFN
10000 WST10000 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 (؋)


WST - Samoan Tala (WST)

Samoan Tala

The Samoan Tālā is the currency unit of Samoa, symbolized by WS$ to distinguish it from other Dollar currencies. The Tālā is subdivided into 100 sene. Tālā and sene are transliterations of the English terms Dollar and cent. The Tālā was introduced in 1967, upon Samoa’s independence from New Zealand, replacing the Pound at 2 Tālā = 1 Pound.

The Samoa Tala is the currency in Samoa (WS, WSM). The symbol for WST can be written WS$. The Samoa Tala is divided into 100 sene. The exchange rate for the Samoa Tala was last updated on May 24, 2019 from Yahoo Finance. The WST conversion factor has 5 significant digits.

Economy

  • The industrial sector is the largest component of the Samoan GDP (~60% GDP), followed by the services sector at (~30% of GDP). Most of the remaining ~10% of GDP is credited to agriculture.
  • Samoa's economy has traditionally been dependent on agriculture and fishing locally. In modern times the development aid, private family remittances from abroad and agricultural exports have become key factors in the economy of the nation.
  • The Samoan workforce is estimated at 90,000 people. Agriculture employs two-thirds of the workforce, and provides 90% of exports, with coconut cream, coconut oil, noni (Nonu fruit juice, as it is known in Samoa), and copra.

History

  • The Samoa Tālā was introduced in 1967, after the country's political independence of New Zealand in 1962. It replaced the Pound at a rate of 2 Samoa Tālā = 1 Pound, then the current exchange rate for the New Zealand Dollar to the Pound.
  • The value of the Samoa Tālā was unchanged against the New Zealand Dollar until 1975.
  • In 1967, the Bank of Western Samoa introduced notes of 1, 2 and 10 Samoan Tālā.
  • Samoan Tālā 5 notes were added in 1980 when the Monetary Board of Samoa took over paper money issuance.
  • In 1984, 1 Tālā notes were replaced by coins.
  • Polymer notes were also introduced in 1990.
  • On August 1, 2008, the central bank issued a new series of five pieces of paper Samoa Tālā 500-100. The two highest denominations (50 and 100 Samoan Tala) are protected with a thread of De La Rue Optiks security that has a transparent window.

More information about WST - Samoan Tala (WST)