The Governor of the Central Bank of Syria, Abd al-Qadir al-Hasriyah, announced today, Friday, an extension of the period for exchanging old currency for an additional thirty days. This new deadline begins effective from June 1, 2026, and continues until the thirtieth of the same month, with the aim of providing a wider opportunity for citizens.
Al-Hisariya explained in a post via its Facebook account that the goal of this extension is to facilitate the exchange process and provide greater flexibility. This process will be completed exclusively through the branches of banks operating in the country, according to terms and conditions that will be announced later.
This decision comes after a previous extension of the deadline for replacing old currency, which was issued at the beginning of last March. At that time, the Central Bank announced an extension of the period for two months, starting from April 1, 2026, to allow the replacement of old denominations.
The Central Bank of Syria had officially begun issuing the new Syrian Pound and currency exchange operations starting from January 1, 2026. These operations are carried out through entities designated by the Bank, concurrently with the adoption of the new currency in transactions.
The bank noted that all balances in bank and electronic accounts were converted to the new Syrian Pound effective from the same date. The first phase also included a coexistence period between the old and new currencies for ninety days, with the possibility of extension.
The extension decision for the coexistence period will be issued one month before its expiry. In previous statements, Al-Hisri clarified that requiring identity display and setting a daily limit for exchange operations both aim to protect citizens and the financial system.
