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United States Dollar to Afghan Afghani
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About United States Dollar
The United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains fine silver or, from 1834, 23.22 grains fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. The dollar is the most widely used currency in international transactions, and a free-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