EUR/AFN
Market Open
12 Jun, 16:20
؋
76. 38
+6.14115
+8.7427%
؋
1 Volume
؋ 70.243318
Previous Close Want to track EURAFN and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
EURAFN Overview
EURAFN indicates the exchange rate between the Euro and the Afghan afghani, showing how many Afghan afghani (AFN) are required to buy one Euro (EUR). It tracks the relative value of the euro against Afghanistan’s domestic currency in the foreign exchange market.
As the single currency of the euro area, the euro is used by multiple European Union member states and serves as one of the world’s primary reserve currencies. Issuance and monetary policy for the euro are managed by the European Central Bank (ECB), which sets interest rates and policy guidance for the eurozone.
The Afghan afghani is the national currency of Afghanistan and functions as the country’s legal tender. Da Afghanistan Bank, the nation’s central bank, oversees issuance, monetary stability and regulatory measures affecting the afghani.
Market forces set the EURAFN rate through supply and demand dynamics, influenced by interest rate differentials, inflation trends, central bank actions, trade balances, remittance flows and geopolitical developments. Political stability and foreign exchange reserves in Afghanistan also play a significant role in price formation.
Movements in EURAFN matter for traders, importers and exporters, as well as investors and remitters needing to manage currency risk, hedge exposures or execute speculative strategies tied to euro–afghani volatility.
As the single currency of the euro area, the euro is used by multiple European Union member states and serves as one of the world’s primary reserve currencies. Issuance and monetary policy for the euro are managed by the European Central Bank (ECB), which sets interest rates and policy guidance for the eurozone.
The Afghan afghani is the national currency of Afghanistan and functions as the country’s legal tender. Da Afghanistan Bank, the nation’s central bank, oversees issuance, monetary stability and regulatory measures affecting the afghani.
Market forces set the EURAFN rate through supply and demand dynamics, influenced by interest rate differentials, inflation trends, central bank actions, trade balances, remittance flows and geopolitical developments. Political stability and foreign exchange reserves in Afghanistan also play a significant role in price formation.
Movements in EURAFN matter for traders, importers and exporters, as well as investors and remitters needing to manage currency risk, hedge exposures or execute speculative strategies tied to euro–afghani volatility.
EURAFN Chart
EURAFN FAQ
What is the current EUR/AFN price?
The current rate is ؋76.384468, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/AFN rate changed today?
The rate has changed by +6.14115 (+8.7427%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ؋70.243318, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is EUR/AFN moving up or down?
Movements in EUR/AFN are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+8.7427%) is based on the difference between the current rate and the previous closing rate.
Is EUR/AFN trending up or down right now?
If the current rate (؋76.384468) is above the previous close (؋70.243318), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for EUR/AFN directly on this page.
