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During the COVID-19 pandemic in Syria, the Syrian pound continued to fall against the U.S. dollar in the black market, where US$1 equaled more than LS 1,600 in May 2020. [15] A month later, the Syrian pound passed LS 2,000 against the dollar, [16] [17] and a few days later, it passed LS 3,000 against the dollar. [18]
Egyptian pound: EGP Egypt £E or ج.م or L.E. Lebanese pound [10] LBP Lebanon £L and ل.ل [10] [11] Sudanese pound: SDG Sudan: SDG or ج.س Syrian pound [12] SYP Syria £S [13] Omani rial [14] OMR Oman: ر.ع [15] Qatari riyal [16] QAR Qatar: ر.ق [17] Saudi riyal [18] SAR Saudi Arabia: SR [19] Yemeni rial [20] YER Yemen ﷼ [21] Israeli ...
The Lebanese-Syrian pound, officially called the Syrian pound until 1924, was a paper currency that was created on 31 March 1920 by Order No.129 of High Commissioner Gouraud to replace the Egyptian pound in the French Mandates in the Levant; [2] the privilege of its issue was entrusted by this decree to the Banque de Syrie et du Liban (which was then called "Banque de Syrie"), and its value ...
View history; General What links here; Related changes; Upload file; ... Syrian pound This page was last edited on 1 April 2019, at 01:58 (UTC). Text ...
Syria has been subject to sanctions by United States, Canada, European Union, Arab League and Turkey because of the civil war. [79] [80] [81] The currency of Syria is the Syrian pound (SYP). The pound's official exchange rate has deteriorated significantly, falling from £S 47 for US$1 before the civil war to £S 1,256 as in June 2020.
The Syrian government decided to increase prices of drugs by 50%, the head of the pharmacies syndicate in Damascus said Tuesday, as the Syrian pound hit new a low in recent days. Hassan Derwan did ...
That week it was reported that the Syrian pound had appreciated against foreign currencies; reaching 10,000 Syrian pounds to the United States dollar in some areas due to the return of displaced people in northern regions and diaspora, leading to increased amounts of foreign currency inflows. This resulted in the prices of commodities ...
Additionally, the U.S. imposed economic sanctions on Syria in 2004, further reducing the value of the Syrian pound. The exchange rate of the Syrian lira before Hafez al-Assad became president of Syria in 1971 was approximately 4.75 lira to one United States dollar. In 2011, the exchange rate of the Syrian lira was 47.35 Syrian lira to 1 US dollar.