Overview
- The interim government began circulating six new Syrian pound notes on January 1 in denominations from 10 to 500.
- Authorities implemented a 100-to-1 redenomination of the currency to reduce face values and ease everyday transactions.
- Old banknotes remain legal tender for at least 90 days, with the transition period subject to extension depending on new note circulation.
- The new designs replace images of Bashar al-Assad with agricultural motifs and intentionally avoid political and religious imagery.
- Interim President Sharaa said the redesign reflects a move away from personality cult toward a new national identity, following years of severe devaluation to around 10,000 per U.S. dollar.