AFN to PKR: Afghan Afghani to Pakistani Rupee Exchange Review

Understanding the current exchange rate between the Afghan Afghani and the Pakistani Rupee (AFN to PKR) provides insight into regional economic trends. As of today, the mid-market rate for this conversion stands at 1 AFN equating to 3.99828 PKR. Exchange rates have shown fluctuations, with a 30-day high at 4.0962 PKR and a low at 3.9227 PKR, reflecting the effects of inflation and demand for the U.S. dollar. Political instability and economic factors, such as trade deficits, further influence rate volatility, impacting consumer purchasing power in both nations. Explore further to gain more insight into these economic dynamics.

Key Takeaways

• The current exchange rate is 1 AFN equals 3.99828 PKR at the mid-market rate.
• Recent exchange fluctuation: high of 4.0962 PKR, low of 3.9227 PKR over 30 days.
• The inverse rate for conversion is 1 PKR equals 0.25011 AFN.
• Exchange rates are significantly influenced by demand for the U.S. Dollar and political stability.
• Tools like Wise and Xe offer accurate conversion rates and market news.

Understanding AFN to PKR Exchange

The exchange rate between the Afghan Afghani and the Pakistani Rupee (AFN to PKR) is an important indicator for various economic interactions between Afghanistan and Pakistan. Understanding this exchange rate involves examining key factors such as historical trends, economic influences, and implications for both countries’ economies.

Historical Exchange Rate Trends

The historical exchange rate between AFN and PKR demonstrates fluctuations and nuances that are significant for stakeholders. Over a 30-day period, the rate ranged from a high of 4.0962 to a low of 3.9227, averaging 4.0429, with a change of -2.21%. Extending to a 90-day perspective, the highest recorded rate was 4.2288, while the lowest was identical to the 30-day low at 3.9227, averaging 4.0895 and seeing a change of -0.75%. The last week witnessed a high of 4.002 on December 20, 2024, and a low of 3.923 on December 19, 2024. Despite this, the exchange rate remained relatively stable over the past week, decreasing only by -0.118% compared to its value 7 days ago.

Influencing Factors and Impacts

Several factors affecting the AFN to PKR exchange rate include higher demand for the U.S. dollar, political instability, and macroeconomic imbalances. These factors contribute to the depreciation of the afghani, which influences inflation and domestic prices due to Afghanistan’s reliance on imports. It is worth noting that the real exchange rate used has a current rate of 1 AFN = 3.966 PKR. Exchange rates have significant distributional effects, impacting consumer purchasing power and the cost of imported production inputs, highlighting the importance of monitoring currency dynamics closely.

Current Exchange Rate Overview

In recent weeks, the AFN to PKR exchange rate has exhibited significant dynamics, reflecting a conversion rate of 1 AFN to 3.99828 PKR as of the latest data. This conversion rate is essential for understanding the economic interplay between Afghanistan and Pakistan, providing insight into broader financial trends.

Key Exchange Rate Data

The exchange rate has undergone several fluctuations, influenced by multiple economic factors:

1. 30-Day High: The highest conversion rate recorded in the last 30 days was 4.0962 PKR.
2. 30-Day Low: Conversely, the rate reached a low of 3.9227 PKR within the same timeframe.
3. 30-Day Average: Averaging these fluctuations suggests a mean exchange rate of 4.0388 PKR.
4. 30-Day Change: Over the past month, the rate has experienced a decrease of 2.21%.

This data illustrates not only the volatility of currency exchanges but also highlights the direct impact of influences such as the increased demand for U.S. dollars. Notably, the recent surge in the U.S. dollar has presented additional depreciation challenges for the Afghan afghani. Particularly, depreciation pressures on the Afghani often result in higher prices for imports, which can affect both household purchasing power and the cost of production for businesses reliant on imported materials.

Exchange Rate Dynamics

The correlation between exchange rate movements and inflation in Afghanistan is significant, with a noted exchange rate pass-through of approximately 73.79%. This correlation is underscored by economic models showing that exchange rates explain inflation trends, evidenced by a Granger Causality test confirming this causative relationship. Efforts by Afghanistan’s Central Bank to stabilize rates are met with challenges due to broader dollar demands, impacting both regional and international economic engagements.

Recent Rate Changes

Recent fluctuations in the AFN to PKR exchange rate illustrate the complex interplay of economic factors impacting currency valuation. The exchange rate as of December 23, 2024, stands at 3.966 AFN to PKR. Over the past 30 days, the rate reached a high of 4.0962 and a low of 3.9227. Within the last week, there was a slight decrease in the Afghani’s value by 0.118%, with a remarkable daily decline of 0.767%. A comparison with historical data shows that current market prices indicate Afghan Afghani trading in the 11,200 Rial market, compared to the previous levels.

Factors Influencing Rate Changes

Several underlying factors contribute to these rate changes. Increased demand for the U.S. dollar typically depreciates the Afghan Afghani, particularly affecting import prices. Political instability further undermines domestic and foreign investment confidence, intensifying exchange rate volatility. A nation’s trade imbalance, particularly when imports surpass exports, elevates demand for foreign currencies.

Interestingly, remittances from Afghan expatriates, totaling $1.04 billion in the first half of the year, enhance currency valuation. Although the Afghani has shown strength against prominent currencies, including the Pakistani rupee, exchange dynamics remain subject to ongoing economic pressures.

Exchange Rate and Inflation

Exchange rate pass-through substantially affects Afghanistan’s inflation. The strong correlation of 73.79% between the two indicates that exchange rate shifts considerably influence domestic inflation rates. The current deflationary trend, at -9.1%, mirrors these intricate interactions.

Policy measures and remittances have bolstered the Afghani, yet persistent demand for dollars continues to challenge its stability. The Central Bank provides a stabilizing influence, but external economic pressures necessitate vigilant monitoring of these currency dynamics.

Historical Rate Analysis

Historical trends in currency exchange rates, such as the AFN to PKR, offer valuable insights into the economic environment and underlying market forces. Understanding these trends helps in decoding the complexities of the market, influencing decisions related to trade, investment, and currency exchange. The performance of the AFN to PKR exchange rate over recent periods highlights various economic dynamics.

Key Historical Insights

1. Short-term Variations: In the past week alone, the AFN to PKR exchange rate experienced fluctuations, with a high of 4.002 on 20-12-2024 and a low of 3.923 on 19-12-2024. Remarkably, there was a significant 1.059% decrease on 18-12-2024, while the overall change for the week was a relatively stable -0.118%.
2. Long-term Analysis: Exploring a broader span between 23-12-2019 and 23-12-2024, significant data points include a 30-day high of 4.0962, a 30-day low of 3.9227, and a 90-day high reaching 4.2288. These figures underscore the exchange rate’s variability over time.
3. Inflation Dynamics: The correlation between exchange rates and inflation is significant, at 73.79%, affecting purchasing power and import prices. A remarkable 44% influence on inflation from exchange rate changes means that currency fluctuations have direct economic effects.
4. Economic Impacts: Exchange rate shifts affect households and businesses—afghani appreciation increases purchasing power but challenges international competitiveness, while depreciation raises import costs, potentially leading to poverty due to higher prices for essential goods. One particularly significant data point is the highest exchange rate in the last 6 months, which was 0.2552 on July 3, 2024.

These historical patterns not only depict the economic landscape but also enable informed decision-making in the forex exchange context.

Conversion Figures Explained

In understanding the conversion figures between the Afghan Afghani (AFN) and Pakistani Rupee (PKR), it is essential to analyze both the current exchange rates and historical trends. Current rate analysis highlights key conversion values, such as 1 AFN equating to approximately 3.99617 PKR, which reflects the ongoing market dynamics. Comparing these rates with historical data provides insights into trends and fluctuations, helping individuals and businesses make informed financial decisions. The value of the Afghan Afghani has fluctuated significantly due to various political and economic dynamics, making it crucial for stakeholders to remain vigilant about changing market conditions.

Current Rate Analysis

Understanding the current exchange rate between the Afghan Afghani (AFN) and the Pakistani Rupee (PKR) is essential for stakeholders involved in trade and finance between Afghanistan and Pakistan. As of today, the conversion rate stands at 1 AFN = 3.99828 PKR. This rate, known as the mid-market rate, is a vital reference point for traders and financial analysts.

To better understand these figures, consider the following:

1. Inverse Rate: If you’re converting from PKR to AFN, the rate becomes 1 PKR = 0.25011 AFN.
2. Rate Variability: Over the past 30 to 90 days, the AFN-PKR exchange rate has fluctuated between a high of 4.2288 PKR and a low of 3.9227 PKR.
3. Inflation Correlation: The relationship between exchange rate fluctuations and inflation is significantly strong, with a correlation of 73.79%. Rates affect consumer prices and purchasing power.
4. Economic Impacts: A weakening AFN can lead to higher import costs, impacting trade balance and exacerbating poverty levels due to lower purchasing power.

These insights emphasize the importance of staying informed about exchange rate dynamics for anyone involved in cross-border financial activities within this region.

Historical Rate Trends

Many have observed the inherent volatility in the AFN to PKR exchange rate, reflecting broader economic dynamics and regional complexities. Over the past week, notable fluctuations were seen, such as the rate moving between 3.923 and 4.002, with a significant decrease of -1.059% on December 18, 2024. This consequential shift represents broader market reactions possibly influenced by external economic conditions or policy changes.

Recent Fluctuations

The rate on December 23, 2024, settled at 3.966, showing a modest decline of -0.767% from the previous day. These frequent fluctuations are pivotal to understanding the currency pair’s sensitivity to various economic drivers.

Long-Term Trends

Analyzing a broader timeframe, the 30-day high reached 4.0962, contrasting with a low of 3.9227, showing varied movement. Over 90 days, the average rate was 4.0895, decreasing by -0.75%. Long-term assessments suggest a gradual weakening trend from 4.115 to 3.966 in recent times.

Seasonal Variations

Seasonally, the rate demonstrated a general downward trajectory, as shown by a decline from 4.11575 on December 4, 2024, to 3.96013 on December 17, 2024. Such patterns highlight seasonal market adjustments, influencing financial and strategic decision-making.

Comparison Conversion Tables

At the intersection of global finance and practical currency exchange, detailed conversion tables serve as indispensable tools for anyone dealing with the AFN to PKR exchange rate. These tables simplify the complicated forex world into manageable data, assisting traders, businesses, and individuals in making informed decisions. Understanding the conversion figures between Afghan Afghani (AFN) and Pakistani Rupee (PKR) enhances financial strategies by offering transparent insights.

Below is a markdown-style conversion table illustrating the essential figures:

Basic Conversion Ratios:

• 1 AFN = 3.99828 PKR
• 5 AFN = 19.99140 PKR
• 100 AFN = 399.82800 PKR
• 500 AFN = 1,999.14000 PKR

Inverse Conversion Ratios:

• 1 PKR = 0.25011 AFN
• 5 PKR = 1.25054 AFN
• 10 PKR = 2.50107 AFN
• 100 PKR = 25.01070 AFN

These tables reflect real-time adjustments, notable with the daily change of -2.21%, and are critical for staying aligned with market volatility. By comparing conversion ratios over time, one can optimize their currency exchange transactions, thereby potentially saving costs associated with foreign exchange and banking fees.

Reverse Currency Conversion

Understanding exchange rate calculations is fundamental for maneuvering the complexities of global currency markets, particularly when considering reverse currency conversions. By utilizing the reciprocal exchange rates, individuals and businesses can accurately determine the value of a domestic currency regarding a foreign counterpart, thereby optimizing financial decisions. Currency conversion tools like online calculators and platforms such as Wise are invaluable for simplifying these processes, providing users with up-to-date rates and facilitating efficient transactions.

Understanding Exchange Rate Calculations

Maneuvering the complexities of exchange rate calculations, particularly for reverse currency conversion, requires a clear understanding of the various methods employed. This understanding is pivotal for accurately converting currencies like AFN to PKR. Exchange rate methods in reverse currency conversion typically involve selecting one of three approaches:

1. Multiplier Method: It converts the foreign currency by multiplying it with an exchange rate, transforming it into the local currency.
2. Divisor Method: This method uses division—dividing the foreign currency by the exchange rate to yield the local currency equivalent.
3. No Inverse Method: Applies either a divisor or multiplier rate unaltered, not using the inverse rate for reverse calculations.
4. Inversion Method: Involves the reciprocal of the exchange rate, using it to switch the direction of conversion.

Implementing a reverse currency conversion efficiently requires understanding these exchange methodologies considering the multiplier and divisor rates reciprocate each other. Additionally, setting up a system for accurate rate application involves configuring these inverted rates. Consequently, mastering these calculations guarantees precise currency conversions, benefiting individuals converting currency such as AFN to PKR by understanding these procedures in detail.

Benefits of Reverse Conversion

While traversing the intricate world of currency exchange, the benefits of reverse conversion play a significant role in ensuring financial accuracy and efficiency. Reverse conversion, which hinges on using inverse exchange rates, is essential when direct rates are unavailable, such as converting with 1 EUR = 135.740 JPY instead of 1 JPY = 0.007367 EUR.

Flexibility and Historical Reference: Reverse conversion offers flexibility by allowing changes to calculation methods, providing the ability to reference historical rates even after alterations. This adaptability is important for businesses and traders who require precision in their financial dealings.

Cost Efficiency and Risk Management: Implementing reverse conversion can be cost-effective by allowing foreign funds to remain in their original currency, reducing unnecessary conversions. It also aids in risk management by locking in favorable rates for future transactions, guarding against volatile currency movements.

Accuracy and Practical Applications: This method enhances accuracy in currency calculations, a significant advantage for businesses engaged in frequent international transactions. It supports practical applications like trade optimization and market analysis by leveraging reciprocal exchange rates. Overall, reverse currency conversion is indispensable for optimizing currency management and ensuring error-free financial operations.

Currency Conversion Tools Use

Steering through the domain of currency conversion tools offers significant advantages, particularly when it comes to reverse currency conversion. Understanding the mechanics of reverse conversion helps individuals and financial institutions make well-informed decisions. Currency conversion tools provide extensive support by offering a range of functionalities. Here is an overview:

1. Swap Feature: The swap button allows users to easily invert the order of currencies, calculating inverse exchange rates instantly. This tool is indispensable for those needing quick insights into currency strength comparisons.
2. Reciprocal Calculation: By using the reciprocal method, tools enable the calculation of inverse rates, which is vital for predicting market movements and hedging potential currency losses.
3. Visualization and Comparisons: Tools offer the ability to visualize currency trends and compare them on a global scale, facilitating an intuitive understanding of economic relationships across more than 150 supported currencies.
4. User Accessibility: These tools are designed for ease of use, making them suitable for diverse applications, such as travel budgeting or accounting studies, by offering insights into historical currency trends and tax calculations.

These features not only enhance understanding but provide essential data to optimize financial strategies globally.

Reliable Rate Sources

The domain of currency exchange, particularly for the Afghan Afghani to Pakistani Rupee, demands a reliance on trustworthy rate sources to guarantee accuracy and informed decisions. In financial transactions involving this currency pair, information precision is key to optimizing outcomes for traders, businesses, and expatriates. Several sources are significant due to their dependability and thorough data offerings.

Alanchand

Alanchand is recognized for furnishing current exchange rates with additional tools for conversion. It provides the rate of 1 AFN as 3.966 PKR. Remarkably, Alanchand covers both ends of the currency conversion, offering inverse rates such as 1 PKR equating to 0.252 AFN. Its service is tailored for real-time accuracy and facilitates tracking through historical rate charts, which are essential for analyzing past trends.

Wise

Wise presents a competitive exchange rate for 1 AFN at 3.99828 PKR and is renowned for incorporating real, mid-market rates devoid of hidden fees. Besides delivering current statistics, Wise extends historical data and rate alerts. On December 23, 2024, for instance, Wise recorded the rate at 3.966 PKR, illustrating consistency in its offerings.

Markets Insider

Known for its extensive global reach across over 160 currencies, Markets Insider offers both current and historical exchange rates. Its database supports businesses and individuals alike with a detailed currency calculator, empowering users to engage in well-informed financial planning.

These sources collectively support the financial ecosystem by providing essential, timely, and accurate data. Utilizing such trustworthy resources facilitates informed decision-making in currency exchanges involving the AFN and PKR.

Currency Converter Tools

Accurate rate sources form the foundation of effective currency exchanges, but to harness these rates, users often turn to specialized currency converter tools. These tools simplify the process, aiding individuals, businesses, and traders in making well-informed financial decisions. Here, we explore some of the most acclaimed converter tools available today, focusing on their features and benefits.

Key Features of Currency Conversion Tools

Numerous tools are at your service, each offering distinct advantages:

1. Xe Currency Tools: With access to over 170 currencies, this tool is renowned for its precision and reliable exchange rates. It also provides cross-rate tables and live forex news.
2. Wise Currency Converter: Known for using real, mid-market rates, this tool supports more than 140 currencies, ensuring transparency with no hidden fees, complemented by an ad-free user experience.
3. Bankrate Currency Converter: Spanning over 190 currencies, this tool includes extensive metal coverage and compiles data from leading market sources, providing a thorough service.
4. Rate Alerts and Historical Data: Both Wise and Xe offer real-time alerts and historical data for specific currencies, ensuring users remain updated and can conduct detailed analyses.

Ease of Use and Accessibility

Converter tools emphasize simplicity:

• Simple Input and Menus: All platforms excel in user-friendly interfaces, featuring dropdown menus for tapping into the global currency market effortlessly.
• Mobile Applications: Tools like Xe and Wise have apps, catering to users’ needs for mobility and convenience.

These insights enhance users’ ability to convert currencies effectively, aligning their exchange activities with accurate, up-to-date data.

Exchange Rate Trends and Insights

Understanding the exchange rate trends between the Afghan afghani (AFN) and the Pakistani rupee (PKR) is essential for stakeholders engaged in cross-border transactions and business operations. Recognizing the underlying factors that shape these trends can offer significant advantages in maneuvering financial strategies.

Recent Exchange Dynamics

The AFN to PKR exchange rate experienced a daily decrease of 0.00334 or 0.08% on December 20, 2024, reflecting a continuing trend over the last month with a 2.78% decline. Over the past year, there was an overall depreciation of 2.07%. Projections suggest that the rate will reach 3.98327 by the end of the current quarter and 3.97261 in the coming year.

Historical Context and Observations

Recent high and low trends have seen considerable variation, with a 30-day high of 4.0962 and a low of 3.9227, averaging out at 4.0429 over the month—a decline of 2.21%. The longer 90-day trends show a high of 4.2288 and a similarly low point of 3.9227, with a smaller average change of 0.75%.

Influencing Factors and Economic Impact

Exchange rates can be heavily influenced by political stability, economic indicators, and security issues. The availability of natural resources and interest rate policies also play pivotal roles. Particularly, higher demand for U.S. dollars has been depreciating the Afghan afghani, causing a significant rise in the prices of imports. Afghanistan’s high import reliance results in substantial inflation impact due to exchange rate changes, explaining a 73.79% correlation with inflation, and a statistical coefficient of 0.44 in regression analyses.

Conclusion

The exchange rate between the Afghan Afghani (AFN) and Pakistani Rupee (PKR) is a vital factor for economic activities between Afghanistan and Pakistan, influencing trade, remittances, and financial transactions. Understanding the dynamics of this currency pair is important for making informed financial decisions. By analyzing historical trends, current rates, and potential influences on the AFN to PKR pair, stakeholders can better navigate currency markets. Utilizing reliable platforms and tools guarantees efficient currency conversions, optimizing financial outcomes for individuals and businesses.

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