US Dollar to Syrian Pound

The Arab News website tracks the dollar against the Syrian pound today, as well as the exchange rates of the Syrian currency against foreign currencies such as (Euro, Pound Sterling, Egyptian Pound, Saudi Riyal, etc.). ) in the circulation of the central bank and the black market, the price of the Syrian pound to half A collapse of eight years, the period during which the political crisis began, had a direct impact on exchange rates in Syria.

The impact of this rapid and significant decline in the standard of living of all citizens living in Syrian territory, with the stability of family income, decreases the purchase value of the Syrian currency and the prices of all commodities continue to increase in the local markets, due to the lack of supply of goods and property on the one hand, and the other speculation that Witness the Syrian pound to the black market.

USD in Syrian Pound today

In the following table, we examine the exchange rate of the dollar against the Syrian pound at the Central Bank and the black market in the cities of Damascus, Aleppo and Idlib, where the Syrian pound is exchanged for the dollar at the following prices

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Exchange rate in Syria today

We continue to track the prices of currencies in Syria on the parallel market, where stock prices buy and sell Syrian pound against currencies, according to the following table.

Deprive the resource regime to support the price of the Syrian pound

Some economic entities are analyzing the main causes of this deterioration in the exchange rate of the Syrian pound against foreign currencies, in particular because of the political crisis that began since 2011. This crisis has also caused several other factors:

1. Successive losses in the oil and agricultural production sector.
2. Loss of border crossings, particularly in the northern regions.
3. Many capitalists leave the country and transfer their money, property and investments to other countries.
4. Industrial production stopped, which led the government to lose its fiscal resources.