Citi Commercial Cards are ending in Singapore: Here’s what to do next
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The Syrian Pound (SYP) is the official currency of Syria, issued by the Central Bank of Syria. It has undergone severe depreciation due to the country’s ongoing civil war, economic sanctions, and political instability. The Syrian pound is subdivided into 100 piastres, though due to inflation, piastre coins are no longer used. Banknotes are available in denominations from SYP 50 to SYP 5,000, but their real value has significantly declined over the years. The U.S. Dollar (USD) and other foreign currencies are often used for large transactions due to the instability of the Syrian economy.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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