Catalog
| Issuer | Da Afghanistan Bank |
|---|---|
| Year | 2002-2004 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Second afghani (2003-date) |
| Composition | Log in to see details |
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| Obverse description | The obverse is printed in shades of rose and purple on a guilloche underprint, with the circular seal of Da Afghanistan Bank at right incorporating a vignette of the Eucratides I-era coin bearing the Greek legend ΒΑΣΙΛΕΩΣ ΜΕΓΑΛΟΥ ΕΥΚΡΑΤΙΔΟΥ and the date 1939. A central hexagonal geometric panel is flanked by interlocking triangular ornamental borders, with two signature lines and the Afghan solar-calendar date below; the denomination numeral '1' appears at lower left and lower right, with Pashto text in the central field. |
|---|---|
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| Protection type | Watermark |
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| Comments |
This note belongs to the transitional series issued after the fall of the Taliban and the establishment of the Afghan Interim Authority. The 2002 redenomination replaced the old afghani at a rate of 1,000 to 1, deliberately severing the monetary link to the hyperinflationary chaos of the 1990s civil war period — a currency reform backed by the IMF and implemented with unusual speed given the political conditions on the ground.
Giesecke & Devrient, the Munich-based security printer with a long history in post-conflict currency production, handled the job from their Leipzig facility. The 1 afghani denomination was largely symbolic in daily commerce; by 2004, it had negligible purchasing power in real transactions.