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Japanese Yen to Afghan Afghani
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About Japanese Yen
The yen is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro. It is also widely used as a third reserve currency after the US dollar and the euro.
The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as 1.5 g of gold, or 24.26 g of silver, and divided decimally into 100 sen or 1,000 rin. The yen replaced the previous Tokugawa coinage as well as the various hansatsu paper currencies issued by feudal han. The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply.
Following World War II, the yen lost much of its pre-war value as Japan faced a debt crisis and hyperinflation. Under the Bretton Woods system, the yen was pegged to the US dollar alongside other major currencies. After this system was abandoned in 1971 with the Nixon Shock, the short-lived Smithsonian Agreement temporarily reinstated a fixed exchange rate. However, since the end of that system in February 1973, the yen has been a floating currency. WikipediaAbout Afghan Afghani
The afghani is the official currency of Afghanistan, a status it has held since the 1920s. It is nominally subdivided into 100 puls, although there are no pul coins in circulation these days. Printed in Poland, the afghani currency is managed solely by the nation's central bank, Da Afghanistan Bank.
The afghani was introduced in 1923 but is still informally referred to as a rupee by some in conversation and transactions, a legacy of its predecessing Afghan rupee currency. Its current exchange rate is around 65 afghanis for 1 United States dollar. Wikipedia