Euro to Afghan afghani — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Afghanistan

Currency Code, Symbol: AFN, ؋

Denominations of coins in circulation: 1, 2 and 5 Afs

Denominations of banknotes in circulation: 1, 2, 5, 10, 20, 50, 100, 500 and 1000 Afs

History: Afghani (؋) is the currency of Afghanistan which is not used for payment in other countries. A simplified name is AFN. One afghani equals 100 pul coins.Afghani has been being issued since 1926. Originally, only coins made out of silver were used on the territory of the Islamic state. First notes were printed in 1935. The Afghan rupee had been used hand in hand with afghani until 1978. Up until 2002, there had been different types of afghani used in the country and issued by different military and political organizations: “davlati” and “dostumi”, but the new leader, Hamid Karzai, reformed the currency leaving only one type of afghani. Banknotes had architectural monuments, key industries and infrastructure depicted on them.Read More