Afghan Currency Markets: US Dollar Trades Near 63.60 Afghani Amid High Regional Volumes

Afghan Currency Markets Track Stable USD, High-Volume Hawala Trades

On March 10, 2026, unofficial currency exchanges across Afghanistan reported steady trading between the US Dollar (USD), the Afghan Afghani (AFN), and the Pakistani Rupee (PKR, locally referred to as Kaldar). Financial tracker networks, which function as decentralized tickers for the region's hawala markets, noted high-volume dollar sell-offs primarily concentrated in southern Afghanistan.

Kandahar and Kabul Dollar Valuations

Throughout the day, کابل دالر (Kabul Dollar)—a channel serving as a real-time bulletin for local currency dealers—logged dozens of completed, high-volume transactions. In Kandahar, the USD/AFN exchange rate fluctuated narrowly between 63.50 and 63.68. Heavy localized trading was evident, with one transaction of $50,000 clearing at 63.58 and another $50,000 clearing at 63.60.

Meanwhile, قیمت لحظه‌ای دالر کابل (Live Price of Kabul Dollar), another prominent street-rate tracker, reported the Kabul capital rates at "63.70 buy" and "63.75 sell," indicating slightly higher retail margins in the capital compared to the bulk transaction rates seen in Kandahar.

Cross-Border Trading: Nangarhar and Peshawar

The channels also tracked essential cross-border hawala rates involving the Pakistani Rupee. In the eastern province of Nangarhar, کابل دالر reported the "Dollar Kaldar" rate at 300.80 to 301.00 PKR for one US Dollar.

Across the border in Peshawar, the physical and hawala markets showed distinct variations. According to کابل دالر, the "Kabul Hawala" rate stood at 289.00 to 289.50, while the cash dollar to PKR rate hovered significantly lower at 283.00 to 283.50. Back in Kabul, قیمت لحظه‌ای دالر کابل noted local traders were buying the Kaldar at 298.70 and selling at 299.00.

Editorial Context: Channels like کابل دالر and قیمت لحظه‌ای دالر کابل operate strictly as utilitarian ledgers for the informal financial sector. Rather than reflecting official central bank figures, their updates represent the unvarnished liquidity and street-level hawala rates directly relied upon by regional merchants and border traders.