AFN Market Update
04 Jun 2026 • 00:37 GMT
The Afghan Afghani (AFN) has recently strengthened against the US dollar, trading near 14-day highs close to 0.016000. This marks a 1.2% gain above its three-month average of 0.015809. The AFN has stayed within a stable range of about 5.6%, indicating limited but steady movement.
This recent uptick aligns with ongoing efforts by Da Afghanistan Bank to stabilize the currency through multiple USD auctions, including recent injections of $20 million and $25 million. Additionally, rising commodity prices, particularly gold, have supported the AFN’s strength against the dollar.
However, the US dollar remains broadly supported by safe-haven demand amid market uncertainties. While the AFN has shown resilience, wider US economic indicators and geopolitical developments could influence its future direction.
For now, expect the AFN to remain relatively stable, but keep an eye on global trends and regional economic policies that might impact its stability.