Afghan Afghani

The Afghan Afghani increased to 56.48 in April from 56.11 in March of 2014. Afghan Afghani averaged 48.20 from 2001 until 2014, reaching an all time high of 76.96 in January of 2001 and a record low of 27.47 in October of 2001. The USDAFN spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDAFN spot exchange rate is quoted and exchanged in the same day, the USDAFN forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Afghan Afghani - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
56.48 56.11 76.96 27.47 55.52 | 2014/05 2001 - 2014 Daily

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Afghan Afghani
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Markets Last Previous Highest Lowest Forecast Unit
Currency 56.48 2014-04-21 56.11 76.96 27.47 55.52 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Afghanistan Inflation Rate at 5.60 Percent  
The inflation rate in Afghanistan was recorded at 5.60 percent in March of 2014. Inflation Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Gold Reserves at 21.87 Tonnes  
Gold Reserves in Afghanistan remained unchanged at 21.87 Tonnes in the fourth quarter of 2013 from 21.87 Tonnes in the third quarter of 2013. Gold Reserves in Afghanistan is reported by the World Gold Council.
Afghanistan Interest Rate at 15.00 Percent  
The benchmark interest rate in Afghanistan was last recorded at 15 percent. Interest Rate in Afghanistan is reported by the Da Afghanistan Bank.
Afghanistan GDP Annual Growth Rate at 11.80 Percent  
The Gross Domestic Product (GDP) in Afghanistan is expected to expanded 11.8 percent in the fiscal year 2012-13 from the previous year. GDP Annual Growth Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Balance of Trade at -8518.00 USD Million  
Afghanistan recorded a trade deficit of 8518 USD Million in 2013. Balance of Trade in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Imports at 8932.39 USD Million  
Imports in Afghanistan increased to 8932 USD Million in the fiscal year 2012-13 from 6390 USD Million in the fiscal year 2011-12. Imports in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Exports at 414.51 USD Million  
Exports in Afghanistan decreased to 441.5 USD Million in the fiscal year 2012-13 from 376 USD Million in the fiscal year 2011-12. Exports in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Personal Income Tax Rate at 20.00 percent  
The Personal Income Tax Rate in Afghanistan stands at 20 percent. Personal Income Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
Afghanistan Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Afghanistan stands at 20 percent. Corporate Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
Afghanistan Sales Tax Rate at 5.00 Percent  
The Sales Tax Rate in Afghanistan stands at 5 percent. Sales Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
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