The monetary unit of Afghanistan is the Afghani (AFN) and the Pul (PKR). The Afghani was introduced in 1925 and is divided into 100 puls. The Afghani is the official currency of Afghanistan and is used for all transactions within the country. The Pul is a subunit of the Afghani and is equal to one-hundredth of an Afghani. The Pul is no longer in circulation, but is still accepted as legal tender.