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Exchange rates for the US dollar in the Syrian Arab Republic / USD 1 = SYP ... (buying)

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Time series key BBEX3.A.SYP.USD.CA.AA.A04
Unit SYP
Dimension one
Timespan from 2007 to 2023
Last update 12.01.2024 02:14:16 PM
   
General Alongside the reported rates the former official exchange rate of USD 1 = SYP 11.20 / 11.25 (buying/selling) exists for a few debt service payments on the basis of bilateral payment agreements.
Methodology Calculated on the basis of month-end rates.
Source Since June 2020 Cham Bank, Damascus June 2015 - 2019 Commercial Bank of Syria, Damascus Until May 2015 Central Bank of Syria, Damascus
   
Comment on 2021 According to press reports, the exchange rates (buying/selling) for the US dollar were changed on 15 April 2021 from USD 1 = SYP 1,250.00 / 1,262.00 to USD 1 = SYP 2,500.00 / 2,525.00. Calculated devaluation: 50.0%.
Comment on 2020 Average from June to December 2020.