156560Syrian pound Currency Information

156560

Syrian pound Currency Information

Official website: banquecentrale.gov.sy
Symbol: LS, £S
Central bank: Central Bank of Syria
Subunit: Piastre
Banknotes: 1000 pounds, 500 pounds, 50 pounds, 100 pounds, 200 pounds
Coins: 5 pounds, 2 pounds, 10 pounds, 1 pound, 25 pounds
ISO code: SYP

Syrian pound Currency

The currency of Syria is the Syrian Pound (SYP); although prices may be set in US Dollars (USD) (for example, COVID-19 PCR tests) regime authorities have warned against carrying or using currencies other than the Syrian Pound, and penalties are severe. The Syrian pound or lira is the currency of Syria. It is issued by the Central Bank of Syria. The pound is nominally divided into 100 piastres, although piastre coins are no longer issued.

Money

The currency of Syria is the Syrian Pound (SYP); although prices may be set in US Dollars (USD) (for example, COVID-19 PCR tests) regime authorities have warned against carrying or using currencies other than the Syrian Pound, and penalties are severe. There are four official exchange rates for SYP to the dollar; it is difficult to access USD in Syria.

As a result of the ongoing conflict there have been a number of restrictions placed on financial transactions in Syria. Some of these restrictions are the decision of the Syrian regime, while others are the result of international businesses and banks being unwilling to invest or trade with Syria in the current environment.

Since 2011, Syria has been subject to financial sanctions put in place by the European Union (EU) and, therefore, imposed by the UK as a member of the EU. The UK’s own sanctions regime on Syria came into force at 11pm on 31 December 2020 with substantially the same effect as the EU legislation. For more information, please visit the website of the Office of Financial Sanctions Implementation, HM Treasury and this page on UK sanctions on Syria. source: gov.uk

How much is $100 US in Syria? Convert US Dollar to the Syrian Pound

USD = SYP

10 USD = 25,118.5 SYP
25 USD = 62,796.3 SYP
50 USD = 125,593 SYP
100 USD = 251,185 SYP