Afghan Currency Markets Experience Heavy Volatility as US Dollar Drops Against Afghani

Volatile Afghan Currency Market Sees US Dollar Plunge

On March 2, 2026, Afghanistan's informal currency exchange markets experienced intense volatility, with the US Dollar exhibiting sharp fluctuations against the Afghani (AFN) across major trading hubs. Real-time updates from prominent currency tracking channels revealed a substantial downward trend for the dollar throughout the trading session amid high-volume transactions.

In the capital, the high-volume market tracking channel کابل دالر reported early peaks where the dollar sold at 67.80 AFN for $20,000 blocks, and hit 67.30 in Mazar-i-Sharif. However, the market saw a steep decline as the session progressed, with recorded transactions plummeting to 64.85 AFN for a $94,000 trade and 64.90 AFN for $50,000 blocks.

The nationwide currency tracking board نرخ یاب سرای شهزاده کابل echoed this severe volatility across regional provincial markets. In Kandahar, the dollar dropped from early highs of 66.90 AFN down to a closing rate of 64.95 buying and 65.00 selling. Similar plunges were recorded in Ghazni, where rates fell from 66.60 to 65.10, and in Herat, which recorded localized trades at 65.45 AFN.

Speculative trading channels actively capitalized on these market swings. The channel کابل دالر هدف 📊, which positions itself as a financial signal provider rather than a neutral market observer, actively directed traders to sell dollars when the rate hit 68.20. Boasting about their market timing to followers, the channel claimed We bought at the market floor, enjoy friends who used it, and later mocked competitors by asking which channel gives a signal like this so simply.

The Pakistani Rupee (PKR) was also heavily tracked amidst the regional economic shifts. The tracking channel قیمت لحظه‌ای دالر کابل reported the PKR to AFN rate stable at 214.50 buying and 215.00 selling per 1,000 PKR, while the USD to PKR exchange rate was heavily traded at 308.00 buying and 310.00 selling.