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] Printed in Poland, [6] the afghani currency is managed solely by the nation's central bank, Da Afghanistan Bank (DAB). [ 2 ] [ 7 ] The afghani was introduced in 1923 but is still informally referred to as a rupee by some in conversation and transactions, [ 8 ] a legacy of its predecessing Afghan rupee currency. [ 9 ]
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The Afghan rupee was the currency of Afghanistan between the mid-18th century and early 20th century. [2] [1] It was subdivided into 60 paisa, each of 10 dinar.Other denominations issued included the shahi of 5 paisa, the sanar of 10 paisa, the abbasi of 20 paisa, the qiran of 1 ⁄ 2 rupee and the tilla and later the amani, both of Rs. 10/-.
Afghanistan and Pakistan are neighboring countries. In August 1947, the partition of British India led to the emergence of Pakistan along Afghanistan's eastern frontier; Afghanistan was the sole country to vote against Pakistan's admission into the United Nations following the latter's independence.
The Pakistani rupee (ISO code: PKR) is the official currency in the Islamic Republic of Pakistan.The issuance of the currency is controlled by the State Bank of Pakistan.It was officially adopted by the Government of Pakistan in 1949.
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These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies (e.g., the U.S. dollar, the euro, the pound sterling, the Japanese yen, the Swiss franc, the Indian rupees and the Chinese renminbi) and which are used to back its liabilities (e.g., the local ...
Until the 1920s, the currency of Afghanistan was the Afghan rupee, which was subdivided into paisa. In 1923, the rupee was replaced by afghani as its official currency. [2] One afghani is subdivided into 100 puls. At the time of introduction, a pul coin was made of copper and weighed one gram. However, a 10 pul coin weighed 6 grams. [3]