AFN Market Update
20 Apr 2026 • 00:35 GMT
The Afghan Afghani (AFN) has recently seen minor movements against the US dollar, trading near 7-day lows at around 0.015504. This level is slightly below its 3-month average of approximately 0.015646, indicating a small weakening trend. Over the past week, the AFN has traded within a relatively narrow 6.4% range, reflecting some stability amid ongoing regional and international developments.
In recent weeks, the central bank has stepped in with currency auctions, injecting USD to support the local currency’s stability. Additionally, the AFN appreciated notably earlier this year, gaining over 15% against the USD, driven by regional economic factors and commodity price shifts.
Against the US dollar, the overall market remains somewhat subdued, with the dollar currently trading under pressure from expectations of potential rate cuts by the Federal Reserve. However, geopolitical tensions and rising oil prices continue to lend some safe-haven support to USD, making the currency’s movement more complex.
For now, expect the AFN to remain relatively stable around these levels, but keep an eye on regional political developments and global commodity prices, which could influence future shifts.