Syrian pound
Currency of Syria / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Syrian pound?
Summarize this article for a 10 year old
The Syrian pound or lira (Arabic: الليرة السورية, romanized: al-līra as-sūriyya; abbreviation: LS[3] or SP[4] in Latin, ل.س in Arabic, historically also £S,[5] and £Syr;[6] ISO code: SYP) is the currency of Syria. It is issued by the Central Bank of Syria. The pound is nominally divided into 100 piastres (قرش qirsh, plural قروش qurūsh in Arabic, abbreviated to p.), although piastre coins are no longer issued. All banknotes and coins below 50 pounds are practically worthless by Dec 2022.
الليرة السورية (Arabic) | |
---|---|
ISO 4217 | |
Code | SYP (numeric: 760) |
Subunit | 0.01 |
Symbol | None official. The abbreviations LS, SP, or ل.س are used. |
Denominations | |
Subunit | |
1⁄100 | piastre (p) |
Banknotes | LS 50, LS 100, LS 200, LS 500, LS 1,000, LS 2,000, LS 5,000 |
Coins | LS 5, LS 10, LS 25, LS 50 |
Demographics | |
User(s) | Syria |
Issuance | |
Central bank | Central Bank of Syria |
Website | cb |
Valuation | |
Inflation | 28.1% |
Source | The World Factbook, 2017 est. |
Value | US$1 = LS 12,562 (official)[1] US$1 = LS 14,000 (parallel market) As of 1 April 2024[update][2] |
Before 1947, the Arabic inscription of the word "qirsh" was spelled with the initial Arabic letter غ, after which the word began with ق. Until 1958, banknotes were issued with Arabic on the obverse and French on the reverse. Since 1958, English has been used on the reverses, hence the three different names for this currency. Coins used both Arabic and French until independence, then only Arabic.