The 2002 series marked Da Afghanistan Bank's first post-Taliban currency issue, produced as the Bonn Agreement was still being implemented and the new interim government barely weeks old. The notes were printed by Giesecke & Devrient in Germany under a procurement arrangement coordinated partly through international financial institutions supporting the transitional administration.
Counterfeiting of the previous afghani had been so pervasive under the civil war period — with multiple factions printing their own supply — that the 2002 reform introduced a complete redenomination at 1000:1, making the entire pre-existing note stock worthless. This 5-afghani denomination sat at the low end of the new series and circulated heavily in rural trade.
The 2002 series marked Da Afghanistan Bank's first post-Taliban currency issue, produced as the Bonn Agreement was still being implemented and the new interim government barely weeks old. The notes were printed by Giesecke & Devrient in Germany under a procurement arrangement coordinated partly through international financial institutions supporting the transitional administration.
Counterfeiting of the previous afghani had been so pervasive under the civil war period — with multiple factions printing their own supply — that the 2002 reform introduced a complete redenomination at 1000:1, making the entire pre-existing note stock worthless. This 5-afghani denomination sat at the low end of the new series and circulated heavily in rural trade.