The Afghan afghani is the official national currency of the Islamic Republic of Afghanistan. The ISO 4217 code of the currency, AFN, was introduced in 2002 as a means of stabilizing the currency and reducing inflation. Before this change, the afghani was circulated under the symbol AFA. Even though the AFN enjoys comparatively lower rates of inflation today, Afghanistan has gone through severe inflation in the past. Today, the afghani is managed by the central bank of Afghanistan “Da Afghanistan Bank.” The objective of its monetary policy is to minimize the risk of inflation while regulating the floating exchange rate regime.