Syria USD Rate Declines on September 20

The black market exchange rate for the US dollar in Syria rose on Sunday, September 20, 2026, reaching approximately 135.50 pounds for buying and 136.25 pounds for selling in Damascus. Meanwhile, the official exchange rate remained stable at around 121.50 pounds for buying and 122.50 pounds for selling, according to the Central Bank of Syria. Syrian President Ahmad Shara announced a plan to transition to an open and free economy, with the goal of increasing the Syrian economy to $200 billion within 5 to 10 years, despite the decline in GDP from $60 billion in 2010 to about $20 billion in 2024. The rise in the dollar's black market rate reflects the economic challenges facing Syria, amid ongoing government efforts to reform the economy and attract investments.

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