Syria Unveils New Currency, Begins Banknote Swap in Early 2026
- By Tahani Elghazaly
- Published
Syria announced the launch of a new national currency as part of a monetary reform plan, with implementation set to begin on January 1, 2026 through a phased exchange of current banknotes for newly issued ones.
The reform includes a redenomination removing two zeros from the Syrian pound, alongside a transition period during which old and new notes will circulate in parallel, supported by an organized exchange process at designated centers.
Officials say the move aims to modernize the cash system, strengthen confidence, and simplify daily transactions, with detailed rollout instructions to be communicated as the swap process begins.
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