Afghan Afghani (AFN) and Australian Dollar (AUD)
Currently, 1 Australian Dollar (AUD) trades at roughly 40 Afghan Afghani (AFN). As Afghanistan is still a country that is in a stabilising period, its currency is still undergoing an incubation period where the authorities are still trying to get its own population to store their wealth in Afghani (AFN) rather than in US Dollar.
Due to the volatility of the Afghan Afghani (AFN) and the uncertainty of Afghanistan as a whole, there is little trading activities in the Afghan Afghani (AFN) currency. Most exchange rates that involve the Afghani (AFN) is actually derived from the main exchange rate pair of AFN/USD.
Therefore, the exchange rate of AFN/AUD is actually derivedfrom (AFN/USD)/(AUD/USD). Practically, this is also true. If you are an Australian who wants to travel to Afghanistan, it is unlikely that you are able to exchange your Australian Dollars to Afghan Afghani directly. You might probably have to exchange your Australian Dollars to US Dollars first, and then exchange your US Dollar into Afghan Afghani.
Nevertheless, the relation between Afghan Afghani (AFN) and Australian Dollar (AUD) might be futher defined in the next decade once United States is able to bring stability to Afghanistan. When that happens, it is likely that more Australians will want to travel to Afghanistan and therefore bring a more ready market that trades between these 2 currencies.
