The Syrian economy is witnessing a significant shift as the price of the dollar against the Syrian pound experiences a notable decline.On Wednesday, February 5, 2025, the exchange rate dropped too 9,000 Syrian pounds per US dollar, marking a pivotal moment in the country’s financial landscape.This decline is attributed to the government’s efforts to rebuild the state’s economy, increase dollar flows in the market, and lift restrictions on currency transfers. According to Al-Ahly News Stadium,this growth is expected to improve the economic situation in Syria.
The Price of the Dollar Against the Syrian Pound
The latest update from Al-Ahly News Stadium reveals the following exchange rates:
- 1 US dollar = 9,000 Syrian pounds
- 5 US dollars = 45,000 Syrian pounds
- 10 US dollars = 90,000 Syrian pounds
- 100 US dollars = 900,000 Syrian pounds
- 10,000 US dollars = 90,000,000 Syrian pounds
This decline in the dollar’s value is a result of reduced demand for the currency and the government’s strategic economic reforms.
Exchange Rates Across Syrian Cities
The exchange rate of the dollar varies slightly across major Syrian cities. As of February 5, 2025, the rates are as follows:
- Damascus: Buy at 9,000 SYP, Sell at 9,100 SYP
- Aleppo: Buy at 9,000 SYP, Sell at 9,100 SYP
- Idlib: buy at 9,000 SYP, Sell at 9,100 SYP
- Hasaka: Buy at 9,000 SYP, Sell at 9,100 SYP
These consistent rates across cities reflect the government’s efforts to stabilize the currency market.
Currency Rates Against the Syrian Pound
Other currencies have also seen a decline in their exchange rates against the Syrian pound. The latest updates include:
- Euro: Buy at 9,221 SYP, Sell at 9,328 SYP
- Saudi Riyal: Buy at 2,411 SYP, Sell at 2,441 SYP
- Pound Sterling: Buy at 11,101 SYP, Sell at 11,234 SYP
- Omani Riyal: Buy at 23,417 SYP, Sell at 23,697 SYP
- UAE Dirham: Buy at 2,448 SYP, Sell at 2,478 SYP
Summary of Key Exchange Rates
| Currency | Buy Rate (SYP) | Sell Rate (SYP) |
|—————-|—————-|—————–|
| US Dollar | 9,000 | 9,100 |
| Euro | 9,221 | 9,328 |
| Saudi riyal | 2,411 | 2,441 |
| Pound Sterling | 11,101 | 11,234 |
| Omani Riyal | 23,417 | 23,697 |
| UAE Dirham | 2,448 | 2,478 |
This table provides a clear overview of the current currency rates in Syria, helping readers understand the economic landscape.
The decline in the price of the dollar and other currencies signals a potential turning point for Syria’s economy.As the government continues to implement reforms, the market is expected to stabilize further, offering hope for economic recovery. For more detailed updates, visit Al-Ahly News Stadium.
