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Syria Launches New Currency with Two-Zero Redenomination

Syria Launches New Currency with Two-Zero Redenomination

Syria's Central Bank launched a major currency reform, removing two zeros from the Syrian pound (100 old = 1 new). The exchange process began January 1, 2026, running for 90 days at over 1,000 designated outlets. By late February 2026, a third of all cash had already been replaced as part of broader monetary stabilization.