New currency in Syria

Intends Syria It issued new banknotes and removed two zeros from its currency in an attempt to restore confidence in the lira, which had fallen sharply in value, according to Reuters.
The move aims to bolster the Syrian pound after its purchasing power collapsed to unprecedented levels following a 14-year conflict that ended with the ouster of President Bashar al-Assad. Bashar al-Assad Last December.

The Syrian pound has lost more than 99% of its value since the outbreak of the war in 2011. The current exchange rate is around 10,000 pounds to the dollar, compared to 50 pounds before the war.
The sharp decline in the currency’s value has made daily transactions and money transfers increasingly difficult.

Alsumaria.tv