Afghanistan
Afghanistan to introduce new series of notes
Dec 11, 2009 09:27 AM Category:
Asia
Central
Bank of Afghanistan introduces a new family of Afghani
Banknotes
At a press-conference held on Mizan 13, 1388 (2009) the Central Bank Governor, His Excellency Abdul Qadeer Fitrat, announced that a new family of banknotes would soon be released to the public.
The bank notes are machine readable, of better quality and have more advanced security features than current banknotes. The security features provide robust protection against counterfeiting.
As a result of the improved quality of the banknotes Governor Fitrat reported that the new banknotes will have a greater longevity (4 years) than existing banknotes (3 years).
The Central bank will gradually replace the existing 85 billion Afs that have been issued to date with the new and improved notes. Old, mutilated and dirty notes will be gradually removed from circulation and destroyed in the Central Banks furnace.
The introduction of new banknotes is standard procedure for central banks around the world. Previously, Afghanistan had three separate currencies which lead to hyper-inflation and macroeconomic instability. The currency reform of 1381 introduced a single currency which is issued exclusively by the central Bank. As a result of these reforms the Afghani currency is one of the most stable currencies in the region.
Additional information and images are requested.
Courtesy of Ömer Yalcinkaya.
At a press-conference held on Mizan 13, 1388 (2009) the Central Bank Governor, His Excellency Abdul Qadeer Fitrat, announced that a new family of banknotes would soon be released to the public.
The bank notes are machine readable, of better quality and have more advanced security features than current banknotes. The security features provide robust protection against counterfeiting.
As a result of the improved quality of the banknotes Governor Fitrat reported that the new banknotes will have a greater longevity (4 years) than existing banknotes (3 years).
The Central bank will gradually replace the existing 85 billion Afs that have been issued to date with the new and improved notes. Old, mutilated and dirty notes will be gradually removed from circulation and destroyed in the Central Banks furnace.
The introduction of new banknotes is standard procedure for central banks around the world. Previously, Afghanistan had three separate currencies which lead to hyper-inflation and macroeconomic instability. The currency reform of 1381 introduced a single currency which is issued exclusively by the central Bank. As a result of these reforms the Afghani currency is one of the most stable currencies in the region.
Additional information and images are requested.
Courtesy of Ömer Yalcinkaya.
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Afghanistan new date (2004) notes confirmed
Jul 08, 2009 09:20 AM Category:
Asia
All denominations from Afghanistan
(10, 20, 50, 100, 500, and 1,000 afghanis) have been confirmed
issued with the new date of 1383H (2004). The smaller denominations
appear to be new date/signature varieties only, but the designs of
the 500- and 1,000-afghani notes have been altered at left on front
and back and are deserving of new type numbers.
Courtesy of Rui Manuel Palhares.
Courtesy of Rui Manuel Palhares.