Posts Tagged ‘aud’


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 derived (more…)








Afghan Afghani (AFN)/Australian Dollars (AUD)

There is little activity in the exchange rate/forex market between Afghan Afghani (AFN)/Australian Dollars (AUD). Therefore, you might not get an accurate and real-time figure of the actual exchange rate today online.

How such low volume currencies are usually calculated might be used through the usage of a 3rd party currency, like the US Dollar or the Japanese Yen. Mathematically, the underlying formula for the AFN/AUD exchange rate equates to (more…)