SYP (Syrian Pound)

外汇网2021-06-19 13:42:49 124

The currency abbreviation for the Syrian pound (SYP), the currency for Syria. The Syrian pound is made up of 100 qirsch (Arabic), or piastre (English/French), although because of inflation, qirsch is no longer used.

|||The Syrian pound was introduced in 1919 to replace the Turkish lira. This initial pound was pegged to the French franc at a rate of 20 francs to 1 pound, until 1941 when the peg changed to the British pound at a rate of 8.83125 Syrian pounds to 1 British pound.

Over the years, the peg has changed a number of times:

1946: 1 Syrian pound = 54.35 French francs

1947: 2.19148 Syrian pounds = 1 U.S. dollar

From 1961 onward, a series of official exchange rates ran parallel to fluctuating market rates, which perged greatly.

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