Afghan Afghani

M2 money supply, indexed to 2001 = 100

Every line goes up — that’s the point. Angle of attack tells the story.

All series matched through 2021; some central-bank sources lag a year or two.

Log scale

USDEURJPYGBPCNYCHFCADAUDINRBRLAFN

AFN highlighted against the top 10 reserve currencies — M2 broad money, indexed to 2001 = 100. AFN series: IMF IFS via DBnomics, as of 2021.

Afghan Afghani M2 money supply

Broad money in AFN (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.

174 data points · monthly granularityLog scale

Afghan Afghani inflation history

Annual CPI YoY since 2005 — World Bank consumer price index for Afghanistan. Inflation volatility is one of three inputs into the Money2069 sound-money score.

Frequently asked questions

Who issues the Afghan Afghani?+

The Afghan Afghani (AFN) is issued by Da Afghanistan Bank. As the monetary authority for Afghanistan, it sets policy interest rates, manages foreign reserves, and controls the money supply.

What is the inflation rate of the Afghan Afghani?+

Latest available consumer price inflation for the Afghan Afghani: -6.60% YoY (2024). Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.

Has the Afghan Afghani been debased?+

Every fiat currency loses purchasing power over time as central banks expand the money supply. M2 has grown by approximately 77% over the past decade. Combined with cumulative inflation, this is the gap between AFN as accounting unit and AFN as a store of value.

Is the Afghan Afghani sound money?+

On the Money2069 0–100 sound-money scale, the Afghan Afghani currently scores 72.4. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.

How does the Afghan Afghani compare to gold or the US dollar?+

Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.

How often is this data updated?+

We pull fresh exchange rates daily from Frankfurter (ECB-sourced), with Exchange Rate API covering currencies the ECB doesn't quote, and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.

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