Afghani Among Top Three Most Stable Currencies

HOA
By HOA
1 Min Read

Amid a year marked by global upheavals, including wars, geopolitical crises, and shifting economic policies, the value of national currencies around the world experienced significant changes.

In the latest global rankings, Afghanistan has improved its position. According to a Bloomberg report, the Lebanese pound recorded the largest depreciation globally in 2024, losing over 83% of its value. Meanwhile, the Iranian rial was recognized as the world’s least valuable currency of the year.

As reported by Bakhtar News Agency, citing Independent Persian, countries such as Ethiopia, Nigeria, Argentina, Brazil, Russia, Ghana, Mexico, and Turkey also faced severe devaluation of their national currencies.

However, the Afghani stands out as one of the three most stable currencies globally. The economic and monetary policies of the Islamic Emirate of Afghanistan are credited for this stability.

Despite Western sanctions, including the freezing of billions of dollars in Afghan assets by the U.S. and other Western nations, the afghani has maintained its stability and holds significant value both in the region and internationally.

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