AFN Market Update
17 Mar 2026 • 00:22 GMT
The Afghan Afghani (AFN) remains somewhat above its recent average against the US dollar, trading at around 0.015873. This is about 2.6% higher than its 3-month average of 0.015471. The currency has seen relative stability, staying within a 7.1% range from 0.015065 to 0.016129 during this period.
Recent factors influencing the AFN include Afghanistan’s central bank actively buying dollars at recent auctions to stabilize the local currency. Additionally, gold price increases earlier in the year have helped strengthen the AFN against the USD. However, currency volatility persists due to regional economic and political developments.
Meanwhile, the US dollar has gained strength overall due to strong economic data and ongoing geopolitical tensions, especially in the Middle East, driving safe-haven flows. The USD’s recent momentum indicates continued support from positive manufacturing figures and risk-averse market sentiment.
In summary, while the AFN has maintained a relatively stable position versus the USD, it remains sensitive to local interventions and external economic factors. Watch for any further central bank actions and geopolitical developments that could influence the currency’s movement.
