AFN to GIP Exchange Rate - Convert Afghan afghani to Gibraltar Pound

Converting Afghan Afghani (AFN) to Gibraltar Pound (GIP)

What is Afghan Afghani (AFN)

The Afghan Afghani (AFN) is the official currency of Afghanistan. It was introduced in 1925 and has undergone various changes over the years, including denominations and designs to combat counterfeiting. The currency code for the Afghani is AFN, and it is further subdivided into smaller units called 'pul.' However, the pul is rarely used in everyday transactions today.

The Afghani has different banknotes and coins, with notes typically available in denominations of 20, 50, 100, 500, and 1000 Afghanis. The Central Bank of Afghanistan, known as Da Afghanistan Bank, is responsible for issuing and managing the currency.

The value of the Afghani can fluctuate significantly due to various economic factors, including inflation, political stability, and changes in international markets. As such, the AFN exchange rate often varies against other major currencies, impacting the cost of goods and services in Afghanistan and in international transactions.

What is Gibraltar Pound (GIP)

The Gibraltar Pound (GIP) is the currency of Gibraltar, a British Overseas Territory located at the southern tip of the Iberian Peninsula. The Gibraltar Pound was introduced in 1927 and is pegged to the British Pound Sterling (GBP) at par, meaning that 1 GIP is equivalent to 1 GBP. The currency code for Gibraltar Pound is GIP.

Gibraltar uses both banknotes and coins for transactions, and you will often find that GIP notes feature images of the Rock of Gibraltar and historical figures significant to the territory. Although GIP is the official currency, British Pound notes and coins are also widely accepted in Gibraltar, facilitating ease of commerce with visitors from the UK.

The value of the Gibraltar Pound remains stable due to its close ties with the British economy. However, it is subject to fluctuation based on the larger economic climate and the relationship between Gibraltar and the UK.

Converting AFN to GIP

For those looking to convert Afghan Afghani (AFN) to Gibraltar Pound (GIP), it's important to understand the current exchange rates. Exchange rates fluctuate due to supply and demand factors in the forex market, economic conditions, and political events. A reliable source for checking the most up-to-date exchange rate would be a financial news website or a currency converter tool.

To convert between the two currencies, you can use the formula:

Amount in GIP = Amount in AFN × Exchange Rate (AFN to GIP)

For example, if the exchange rate is 0.009 GIP for 1 AFN, then converting 1000 AFN would yield:

1000 AFN × 0.009 = 9 GIP

Understanding how to navigate the conversion process can be helpful, especially for those engaging in trade, travel, or financial transactions between Afghanistan and Gibraltar.

Afghan afghani to Gibraltar Pound conversion table

AFN to GIP conversion table

Afghan afghani (AFN)Gibraltar Pound (GIP)
1 AFN0.01055981859 GIP
2 AFN0.02111963719 GIP
3 AFN0.03167945578 GIP
4 AFN0.04223927437 GIP
5 AFN0.05279909297 GIP
6 AFN0.06335891156 GIP
7 AFN0.07391873015 GIP
8 AFN0.08447854875 GIP
9 AFN0.09503836734 GIP
10 AFN0.10559818593 GIP
100 AFN1.05598185934 GIP
200 AFN2.11196371869 GIP
300 AFN3.16794557803 GIP
400 AFN4.22392743737 GIP
500 AFN5.27990929672 GIP
600 AFN6.33589115606 GIP
700 AFN7.3918730154 GIP
800 AFN8.44785487475 GIP
900 AFN9.50383673409 GIP
1 000 AFN10.55981859343 GIP
2 000 AFN21.11963718686 GIP
5 000 AFN52.79909296716 GIP
10 000 AFN105.59818593432 GIP
20 000 AFN211.19637186864 GIP
50 000 AFN527.99092967161 GIP
100 000 AFN1 055.98185934322 GIP
Last updated April 24, 2025 at 11:59 PM