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Dollar Records 13,600 Against Syrian Lira


Sun 15 Dec 2024 | 07:05 AM
Taarek Refaat

The dollar price today in Syria against the lira, Saturday, witnessed stability in the parallel market in all Syrian governorates.

The Syrian lira showed cohesion against foreign currencies in the black market, for the second day in a row, after a period of significant deterioration of the lira against the dollar, and reaching record numbers after the fall of the Bashar al-Assad regime.

The dollar price against the Syrian lira inside the Central Bank of Syria for remittances and exchange achieved about 13,600 liras.

The dollar price in Syria today in banks came to about 13,600 liras, according to the exchange bulletin.

The dollar price against the Syrian lira today in the black market

The dollar price today, Saturday, December 14, 2024, against the lira witnessed relative stability in the black market in all Syrian governorates.

The US dollar price against the Syrian lira in Damascus markets recorded about 14,000 liras for purchase, and 15,000 liras for sale.

The price of the dollar on the black market in Aleppo markets reached 15,000 liras for purchase, and 16,000 liras for sale.

The price of the dollar in Hasakah reached 11,000 liras for purchase, and 12,000 liras for sale.

100 dollars equals how many Syrian liras today?

According to the dollar exchange rate today in Syria, 100 dollars equals 1,400,000 Syrian liras today on the black market.

Also, the price of the euro stabilized today in Syria on the black market, recording 14,673 liras for purchase, and 15,726 liras for sale.

Since the outbreak of protests against the Bashar al-Assad regime in 2011, the Syrian pound has begun to decline, but with the escalation of economic sanctions on Syria in the past four years, the pound has witnessed a significant decline against the dollar.

According to the United Nations World Food Program, the pound has collapsed in an unprecedented manner over the past four years, specifically from 2021 to 2024.

The Syrian pound price tracking index stated that at the beginning of 2021, the price of one US dollar was about 3,000 Syrian pounds in the official and parallel markets, but with the increase in economic sanctions, the price in the official market remained stable while it rose in the black market.

The currency has become a symbol of the former regime and the period that the people are seeking to overcome, which imposes on any new government the task of redesigning the currency as part of rebuilding the national identity and starting a new era.

It is worth noting that this approach is not strange, as many countries have followed it in transitional stages, as happened in Iraq after the fall of Saddam Hussein and the countries of the former Soviet Union after its dissolution.

Although the actual next steps regarding changing the design of the Syrian pound were not clear, the Central Bank of Syria was keen, one day after the fall of the regime, to confirm that the Syrian pound in all its denominations is the approved currency for circulation in the country, and that no denomination had been withdrawn from circulation.

Syrian Lira Records 50.9 vs USD in 2008