SYP (Syrian Pound)


SYP (Syrian Pound)
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 diverged greatly.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Syrian pound — Infobox Currency currency name in local = الليرة السورية ar icon image 1 = Philipnote.jpg image title 1 = 100 Syrian pound banknote using countries = flag|Syria inflation rate = 7% inflation source date =… …   Wikipedia

  • SYP — Syrian Pound (Regional » Currencies) *** Southern Yellow Pine (Business » Products) * Six Year Plan (Governmental » US Government) * Six Year Plan (Governmental » Military) * Scuba Yellow Pages (Community » Sports) * Summer Youth Practicum… …   Abbreviations dictionary

  • SYP — The ISO 4217 currency code for the Syrian Pound. Bloomberg Financial Dictionary …   Financial and business terms

  • SYP —   Swift currency code for the Syrian Pound …   International financial encyclopaedia

  • Syria — /sear ee euh/, n. 1. Official name, Syrian Arab Republic. a republic in SW Asia at the E end of the Mediterranean. 16,137,899; 71,227 sq. mi. (184,478 sq. km). Cap.: Damascus. 2. a territory mandated to France in 1922, including the present… …   Universalium

  • Сирийский фунт — У этого термина существуют и другие значения, см. Фунт (денежная единица). Сирийский фунт  (рус.) الليرة السورية  (ар.) Syrian Pound   …   Википедия

  • Syria — This article is about the modern state of Syria. For other uses, see Syria (disambiguation). Syrian Arab Republic الجمهورية العربية السورية Al Jumhūriyyah al ʿArabiyyah as Sūriyyah …   Wikipedia

  • Коды и классификаторы валют — Датский рекламный плакат. Цена в датских кронах выражена с помощью кода ISO 4217, в евро с использованием знака евро Код валюты относительно короткая последовательность …   Википедия

  • Syria — <p></p> <p></p> Introduction ::Syria <p></p> Background: <p></p> Following World War I, France acquired a mandate over the northern portion of the former Ottoman Empire province of Syria. The French …   The World Factbook

  • ISO 4217 — Currency code redirects here. It is not to be confused with Currency sign. Exchange rates display at a Bureau de change listing currency names in English and their ISO 4217 codes. This list displays the United Kingdom as England , one of its… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.