You are fairly limited if you need to send money to Afghanistan, relative to sending money to other countries. While there are fewer options available to you, there are still easy and cost-effective ways to send money to Afghanistan. We recommend that you exercise some caution when sending money for cash pickup. Regardless, using some of the services available makes it just as easy to send money to Afghanistan as it would be to send money elsewhere.
The current exchange rate for the Afghan Afghani (AFN) is 88.109609 AFN per American Dollar (USD) as of the time this was written. The AFN reached a high of 77.85 AFN per USD and a low of 74.34 AFN per USD during the last 90 days. The 90-day average exchange rate for the AFN was 75.60 AFN per USD.
The AFN had an average volatility rate of 0.19% for the last 90 days. This is a low volatility rate, and the AFN has been quite stable for most of 2019. You can reasonably expect only minor fluctuations in currency conversion rates going forward, barring any unforeseen circumstances.
The fastest way to transfer cash online to Afghanistan is through Western Union’s fast option. With Western Union’s fast option, your money should reach its Afghan destination in a matter of minutes. The main downside to Western Union is that it is an expensive service to use. This is especially true if you need to use their fast option.
WorldRemit is the second fastest option for Afghanistan. Transfers through WorldRemit are usually fast and can be completed in a matter of minutes or a few hours. You would save some money using WorldRemit when compared to Western Union’s fast option.
The cheapest way to send money to Afghanistan is through XE. Like OFX, XE specializes in international currency conversion, and also offers very low rates for said conversions. You can use XE to send money to Afghanistan while getting the best rates.
The easiest way to send money to Afghanistan is through a TransferWise SWIFT/BIC bank transfer. The traditional bank transfer is a rather simple way to send money, although it can be somewhat burdensome. When you use an intuitive platform such as TransferWise to facilitate these transactions, the process is very easy and safe.
The overall best way to send money to Afghanistan is through WorldRemit. WorldRemit is a service that has dedicated itself to ease of use and is ubiquitous. As such WorldRemit offers a great balance between good rates, speed, and ease of use. This makes them the most useful and reliable option for sending money to Afghanistan.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com