1 USD to Syrian Lira (SYP) Exchange Rate
Current Exchange Rate
As of the current market rate, 1 United States Dollar (USD) is equivalent to approximately 463.98 Syrian Lira (SYP).
History of the Syrian Lira
The Syrian Lira, also known as the Syrian Pound, is the official currency of Syria. It was introduced in 1947, replacing the Syrian pound, which was the official currency during the French Mandate period. The Syrian Lira is subdivided into 100 piasters.
Economic Situation in Syria
The Syrian economy has faced significant challenges in recent years, mainly due to the ongoing civil war, which has led to a severe decline in the country's economic performance. The Syrian Lira has experienced high inflation rates, and the country's GDP has shrunk significantly.
Currency Fluctuations
The exchange rate of the Syrian Lira against the US Dollar has been subject to significant fluctuations in recent years. The currency has depreciated drastically due to the country's economic crisis, political instability, and international sanctions.
Conversion Table
Here is a conversion table to help you understand the exchange rate:
| USD | SYP |
|---|---|
| 1 | 463.98 |
| 5 | 2,319.90 |
| 10 | 4,639.80 |
| 20 | 9,279.60 |
| 50 | 23,199.00 |
Conclusion
In conclusion, the exchange rate of 1 USD to Syrian Lira (SYP) is subject to market fluctuations and can change rapidly. It is essential to stay up-to-date with the current exchange rates and economic developments in Syria to make informed decisions.
