1 USD to Syrian Pound Today
Current Exchange Rate
As of today, the exchange rate of 1 USD to Syrian Pound (SYP) is:
1 USD = 434.25 SYP
Historical Exchange Rate
Over the past year, the exchange rate has fluctuated as follows:
- Highest rate: 1 USD = 450 SYP (December 2022)
- Lowest rate: 1 USD = 410 SYP (June 2022)
Why is the Syrian Pound Weak?
The Syrian Pound has experienced a significant decline in value against the US Dollar over the past decade, mainly due to the country's ongoing civil war, economic sanctions, and political instability.
Impact on the Syrian Economy
The weak exchange rate has led to a surge in prices of essential goods, including food and medicine, making it difficult for the Syrian people to afford basic necessities.
What Does This Mean for You?
If you're planning to travel to Syria or conduct business with Syrian companies, understanding the current exchange rate is crucial to avoid financial losses. Keep an eye on the exchange rate fluctuations to make informed decisions.
Sources:
Note: Exchange rates may vary depending on the source and time of inquiry.
