Syrian pound declined 100% in 2022 ...Syria

News by : (ُEnabbaladi) -
Enab Baladi – Jana al-Issa The value of the Syrian pound declined against the US dollar by up to 100% during 2022. A historic low against the dollar coincided with the last six months, not recorded before. During the month of December alone, the Syrian pound recorded a decline of more than 23% on a monthly basis and by nearly 10% on a weekly basis. On 31 December 2022, the selling price of one dollar reached 7,150 Syrian pounds, while on the first day of the same year, it reached about 3,600 pounds. The collapse of the pound by 100% within one year left a clear impact on the lives of residents in Syria in areas that depend on the pound as the main currency due to the almost daily pri

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