Syria Officially Introduces New Currency, to Replace Old Notes by 2026

Syrian officials have announced the official introduction of the country’s new currency into financial circulation, with plans to gradually replace the old currency starting from the beginning of 2026. According to monetary authorities, this move aims to strengthen national identity and boost public confidence in Syria’s monetary system.

The Syrian Central Bank stated that the free exchange process will begin on January 1, 2026. Following this announcement, both the old and new currencies will be valid simultaneously for 90 days, allowing residents to exchange their money without time pressure.

According to provided information, the new banknotes have been printed in denominations ranging from 10 to 500 pounds, with two zeros removed from the currency unit. Additionally, images of Bashar al-Assad and his family have been removed from the banknotes, replaced by symbols of Syria’s national heritage such as flowers, wheat, and gazelles.

Economic analysts believe that changes in the design and structure of the currency, alongside symbolic messages, may influence citizens’ psychological perception of the currency’s value. However, the success of this initiative will depend largely on the overall economic situation and monetary management of the country.