Syria Unveils New Currency Series for Circulation from January 1, 2026
In December 2025, President of Syria, Ahmed al-Sharaa, and Abdul Qadir Husrieh, Governor, Central Bank of Syria, unveiled a new series of bank notes at a ceremony in Damascus, Syria.
In December 2025, President of Syria, Ahmed al-Sharaa, and Abdul Qadir Husrieh, Governor, Central Bank of Syria, unveiled a new series of bank notes at a ceremony in Damascus, Syria.
- The currencies ranging from 10 to 500 Syrian pounds(SYP) will enter circulation from January 1, 2026.
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- What? Syria unveiled new bank notes
- Where? In Damascus (Syria)
- When? Circulation starts January 1, 2026 (90-day dual tender)
- Redenomination: 10 to 500 Syrian Pounds, Two Zeros removed
- Design? Agricultural motifs (roses, wheat, olives, oranges); no portraits
About New Syrian Currencies:
Redenomination Details: Currency reform drops two zeros (e.g., 10,000 old SYP = 100 new SYP) to combat hyperinflation and simplify transactions without altering purchasing power. All bank deposits and electronic balances auto-convert on Day 1. Central Bank oversees nationwide swap at branches.
Design Symbolism: New notes feature nature motifs replacing Assad-era portraits: wheat fields, olive branches, orange blossoms, roses. Represents “new national identity” and economic rebirth after 2025 regime fall. Coins planned for smaller denominations later.
Currency Transition: The new banknotes are expected to coexist with the old notes for about 90 days, providing time for people to exchange currency.
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