Syria to Introduce New Currency Notes Starting January 1, 2026

Syria will begin introducing a new national currency on January 1, 2026, in a move aimed at stabilizing the economy and modernizing the financial system. The Central Bank of Syria announced that the currency swap will allow citizens to exchange old banknotes for newly issued ones as part of a broader monetary reform plan.

Central Bank Governor Abdelkader Husrieh emphasized that the process will be orderly and carefully managed to minimize disruptions to daily transactions. Details on exchange locations, procedures, and timelines are expected to be announced in the coming weeks.

The introduction of new banknotes comes as Syria seeks to restore confidence in the Syrian pound, which has faced severe devaluation over the past decade due to prolonged conflict, economic sanctions, and instability. Officials have also hinted at new designs for the notes, potentially marking a symbolic shift in the nation’s financial identity.

Economists view the move as a key step toward stabilizing the currency and simplifying cash handling, with reports suggesting the possibility of adjustments to denominations to make transactions easier for citizens.

The Central Bank has assured the public that the exchange process will be smooth and aims to strengthen the overall financial system while mitigating inflationary pressures that have long affected the Syrian economy.