Afghanistan’s Foreign Minister Aamir Khan Muttaki is currently on a tour of India, which is a topic of discussion at present. This visit clearly shows that relations between India and Afghanistan are good. After America’s departure in the year 2021, Taliban captured Afghanistan, after which they formed their government there. However, India has not yet recognized them. Despite this, both the countries insist on good relations with each other. Meanwhile, if we talk about Afghan currency, it is surprising. Afghanistan is a poor country. Despite this, the currency here is more valuable than the Indian rupee. According to the report of XE.com, the value of 1 Afghani rupee is equal to 1 rupee 33 paise in India, whereas the value of 1 rupee in Afghanistan is only 0.75 paise.

It is shocking that how can the currency become so strong in Afghanistan under Taliban control, where unemployment, illiteracy and poverty are at their peak. Actually, there are many interesting reasons behind this. The Taliban government has banned the use of US dollars and Pakistani rupees. Due to this, the demand for foreign currency within the country has reduced and the price of Afghan rupee remains stable.

Value of Rs 1 lakh in Afghanistan
For example, if an Indian earns 1 lakh rupees in Afghanistan, then after coming to India its value will be 1 lakh 32 thousand rupees, which is 32 thousand more than the 1 lakh earned in India. This gap of 32 thousand is quite big in itself. However, if we talk about Pakistan and Bangladesh, the value of the currency there is much less than that of India. The value of 1 rupee in Pakistan is 3 rupees 17 paise, while the value of 1 rupee in Bangladesh is 1 rupee 37 paise.

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The Indian rupee is moving towards a steady decline and has become more weaker against the US dollar. The rupee has set a new record of 88.33, while on Friday it was at 88.30. Analysts say that the price of the rupee still remains weaker than the currencies of other emerging markets. Economic experts believe that due to the global trade war, the rupee and pressure can remain in the coming time.

According to a report, the price of the rupee is likely to be between 87.65 and 88.45 in the next few times, that is, there is a possibility of further decline. But do you know that there is a poor country in Asia, whose currency is stronger than India, let’s know about it.

Which country’s currency stronger than India

The neighboring country of India is Afghanistan, where the currency Afghani (AFN) is doing amazing performance in the foreign exchange market. Afghani, who is generally weak due to war, terrorism and economic instability, overtook the Indian rupee (INR) and strengthened its position against the dollar. Experts say that this situation is not only the result of the monetary policies of Afghanistan, but also the impact of international aid and migrant remedies (the money that migrants send to their country).

Due to the strength of Afghani

Many major reasons are given behind the rise in the price of Afghani.

Strict policy of central bank: The central bank of Afghanistan controlled the money supply, making Afghani stable and strong.

Remove from abroad: The migrants living in the country and the funds coming from abroad increased the demand for local currency.

International aid: Financial assistance from various international organizations strengthened Afghanistan’s foreign exchange reserves.

Inflation control: The central bank controlled inflation through effective policies, causing the stability of currency.

As a result of these policies, the price of Afghani strengthened against the US dollar and in recent months, about 1 Afghani remained stable at the level of 1.26–1.29 Indian rupees. This situation makes Afghani more valuable than the Indian rupee.

Comparison of indian rupee

The Indian rupee is currently weaker than Afghani. According to currency experts, the stability has been affected due to continuous fluctuations in the Indian rupee and global economic pressures. Because of this, Afghani, which is the currency of a struggling country, looks stronger than the Indian rupee.

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