Last updated: August 2026
The Syrian pound exchange rate today is not one cell on a screen. In August 2026 the new pound trades on at least two parallel tracks: an official bulletin from the Central Bank of Syria (CBS) near 122.00 new SYP per U.S. dollar (mid rate observed on the bank site, 6 August 2026), and a parallel-market band monitored near 130.10 buy / 130.60 sell new SYP per dollar (source: sp-today.com, early August 2026). The same monitoring window put the euro near 149–151 and the Turkish lira near 2.71–2.74 new SYP. Every figure below is observational, timestamped to its source, and subject to intraday and city-level change.
Rates in this article are not live quotes and not an offer to deal. Confirm the executable price with your settlement channel before you move money.
For those tracking gold as a store of value, see Gold Prices in Syria Today for 21K, 24K, and 18K gram prices in new pounds.
Who this guide is for (and who it is not for)
This is for diaspora families sending support, residents managing household cash, small traders pricing imported inputs, journalists, and researchers who need a clean reading framework. It is not a call to speculate, open a leveraged FX account, or chase a “guaranteed” level. Truescho publishes practical explainers; it is not a bureau de change.
How to read any Syrian FX number in sixty seconds
- New or old pound? The 2026 redenomination removed two zeros: 100 old = 1 new.
- Official, parallel, or remittance? Three different institutions of price.
- Bid or ask? If you sell dollars you usually face the dealer’s bid; if you buy dollars you face the ask. The gap is the spread.
- Which city, which hour? Liquidity is not national every minute.
| Field | Why it changes the decision |
|---|---|
| Unit | Prevents 100x confusion |
| Channel | Official ≠ street ≠ payout |
| Side | Determines who pays the spread |
| Stamp | City/time/source |
Source: SYPNow on Google Play
Conversion table: old vs new Syrian pound
| Old SYP | New SYP | Context |
|---|---|---|
| 100 | 1 | Base conversion |
| 1,000 | 10 | |
| 10,000 | 100 | |
| 12,200 | 122 | ≈ $1 at official mid 6 Aug 2026 |
| 13,010 | 130.10 | ≈ $1 parallel buy (early Aug monitor) |
| 13,060 | 130.60 | ≈ $1 parallel sell |
| 100,000 | 1,000 | |
| 1,000,000 | 10,000 |
For ready-made USD to SYP conversion tables from $1 to $10,000 with buy, sell, and official rates, see the USD to SYP Converter.
Redenomination timeline (2025–2026)
Authorities announced a redesigned, redenominated pound and new banknotes in late 2025. Public circulation of new notes began in early January 2026, with a dual-circulation window while old notes were swapped. Media and public references document rising replacement ratios through spring 2026. On 5 August 2026, CBS stated that requests to withdraw remaining old currency in Deir ez-Zor, Raqqa and Hasakah would continue through 20 August 2026 via central bank branches and designated postal outlets—always re-check the local branch notice before you travel with cash stacks.
Redenomination is a rescaling of units, not an automatic wealth multiplier. Anyone claiming the new pound is “100 times stronger” is confusing face value with purchasing power.
August 2026 snapshot: official vs parallel
| Currency | Official mid (new SYP) | Parallel buy | Parallel sell |
|---|---|---|---|
| USD | 122.00 (CBS 6 Aug) | 130.10 | 130.60 |
| EUR | 140.79 | 149.20 | 151.00 |
| TRY | — | 2.71 | 2.74 |
| SAR | 32.48 | 34.27 | 34.75 |
| AED | 33.22 | 35.07 | 35.56 |
| GBP | 164.22 | — | — |
June 2026 news prints (e.g. city bands reported by Syrian media outlets) sat higher in some markets—around 13,550–13,650 old SYP in Damascus/Aleppo (≈135.5–136.5 new). Trading Economics near 122 in early August tracks the official reference more than the street spread.
Why two prices persist
The official bulletin is a policy and accounting reference. The parallel market clears cash foreign exchange among households, traders, and intermediaries when channels are not fully unified. A narrower gap in an August 2026 snapshot versus historical multi-fold gaps reduces the “conversion penalty,” but it does not delete the gap.
Bid, ask, and why the headline is not your price
At 130.10/130.60, selling $100 yields about 13,010 new SYP; buying $100 costs about 13,060. That 50 new SYP per $100 is spread alone. Deep dive: Dollar rate in Syria today — buy and sell.
Once you understand unit, channel, and side, frequent checking becomes a tooling problem. If you monitor rates several times a day, you can shorten the workflow with SYPNow—timestamps, charts, and alerts in one place.
💬 Disclosure: SYPNow is developed by our team. We mention it here because it surfaces the same class of data this article explains, with explicit update times.
📲 Download SYPNow free on Google Play
Source: SYPNow on Google Play
City differences
Damascus often anchors media quotes; Aleppo is frequently close on calm days; coastal liquidity can diverge slightly; northern areas are more sensitive to TRY and cash dollar flows; some dates show Hasakah gaps versus Damascus. A single June news day is not a law for the year—price your city.
Remittances
Net payout = network rate × amount − fees ± lock timing. Practical fee framing: how to send an international transfer with lower fees. Multi-currency travel tooling: multi-currency cards.
Euro and Turkish lira in one paragraph
Early August parallel monitors: EUR ~149–151 new; TRY ~2.71–2.74. Full comparison for diaspora in Europe and communities linked to Turkey: Euro and Turkish lira rates in Syria.
Payments context
Local rails and bank access evolve unevenly. See PAYMERA and opening a bank account in Syria 2026.
Case study: the undated WhatsApp screenshot
A worker in Istanbul sent the equivalent of $300 using an undated story image. Two days later, the family’s executable payout plus fees lagged the expected total by roughly 2–3%. Lesson: demand executable rate + unit + lock time before send.
Common mistakes
Mixing units; treating headlines as contracts; ignoring spread; panic-converting full remittances; using unnamed intermediaries without receipts; believing “fixed week-long specials”; forwarding fabricated images inside family groups.
FAQ
What is the Syrian pound exchange rate today versus the dollar?
Early August 2026 observation: official mid ~122 new SYP (CBS, 6 Aug); parallel ~130.10/130.60 buy/sell (sp-today). Re-check source and time.
New vs old pound?
100 old = 1 new. Rescaling, not automatic enrichment.
Is the official rate what people use daily?
Often not for cash. Official is the bulletin; street and networks clear most household cash needs.
How do I convert old quotes?
Divide by 100.
Why is the remittance rate worse than the news?
Fees, internal network pricing, and lock timing.
Can apps be trusted?
Only as references that show source + timestamp. Confirm at execution.
Which currency matters after the dollar?
Euro for European earners; TRY for Turkey-linked northern corridors; USD remains the broad pricing anchor.
Can anyone honestly guarantee tomorrow’s rate?
No. Ranges and past direction only.
Build a weekly personal bulletin
Two sources only (official + one parallel monitor). Log date, official USD, buy, sell, note. Compute weekly high/low/average. Merchants reprice from that, not from a single shock hour.
Source: SYPNow on Google Play
Reading the central bank site
CBS lists mid rates in new pounds. Some official posts mention a small official movement band (around 2%)—that is not the parallel bid/ask spread. Contracts should name the reference and date.
Inflation translation caution
A 1% FX move is not a guaranteed 1% same-day food-basket move. Pass-through is sticky and incomplete.
Diaspora checklist
Unit agreed? Cash vs e-payout? Payout deadline before reprice? Daily limits? Clear receipt? Net compared across channels?
Small-merchant pricing
Weekly average + spread buffer + scheduled review. Avoid directional gambling language with staff.
What you will not find here
Named unofficial dealers; speculative buy/sell calls; guaranteed year-end forecasts; leveraged trading CTAs.
Related Truescho economy pages
Company formation · Foreign investment · Sectors · Hotels.
Worked examples (illustrative only)
| Action | At parallel sell 130.60 | At official 122 |
|---|---|---|
| Buy $50 | 6,530 new SYP | 6,100 |
| Buy $200 | 26,120 | 24,400 |
| Sell $50 at buy 130.10 | 6,505 | — |
| 1,000 new SYP → USD at sell | ≈$7.66 | ≈$8.20 |
Gold and a long converter piece
We will publish separate gold and deep converter articles later—no links today to avoid 404s.
Your next step
Label units. Separate channels. Price the side. Stamp the source. Then read the dollar buy/sell guide and the euro/TRY comparison.
For repeated intraday monitoring with charts, alerts, offline converter on last download, and old/new calculator:
📲 Download SYPNow free on Google Play
Field notes for practitioners (en1-1)
Treat every Syrian pound quote in 2026 as a four-part object: unit (new vs old), channel (official bulletin vs parallel market vs remittance network), side (bid vs ask), and stamp (city + time + source). If any part is missing, you do not yet have a number you can defend in a family chat or a supplier call. The 2026 redenomination removed two zeros—100 old pounds equal 1 new pound—so a conversation that mixes units is not a debate about the economy; it is a unit error that can look like a 100x scandal.
Official mid-market prints published by the Central Bank of Syria on 6 August 2026 put the U.S. dollar near 122.00 new SYP and the euro near 140.79 new SYP. Parallel-market monitoring snapshots around early August (for example sp-today.com) showed dollar buy/sell near 130.10 / 130.60 new SYP, euro near 149.20 / 151.00, and Turkish lira near 2.71 / 2.74. Those prints move. They are observational, not a promise of execution. Trading Economics series near 122 in early August align more with the official reference than with street bid/ask—another reminder that aggregators and street quotes answer different questions.
Remittances add a third price: the network rate after fees, possibly locked at send time rather than payout time. Always compare net new SYP received, not the prettiest headline rate. Keep a weekly log. Merchants should reprice from weekly averages plus a spread buffer, not from a single panicked screenshot. Households should agree on the new-pound unit before arguing. None of this is investment advice; it is operational literacy. No leveraged FX, no loan products, no named unofficial dealers appear here on purpose.
Field notes for practitioners (en1-2)
Field notes for practitioners (en1-3)
Field notes for practitioners (en1-4)
Sources
- Central Bank of Syria — official bulletin
- sp-today — parallel monitoring
- Trading Economics — Syrian pound
- Wikipedia — Syrian pound
- SYPNow on Google Play