Saturday, May 16, 2026, saw stability in the Syrian pound exchange rate against the US dollar. In contrast, gold prices recorded a slight decline in Syrian markets, according to released data.
Syrian Pound Exchange Rates in Local Markets
The Syrian pound exchange rates against the dollar remained stable in the markets of Damascus, Aleppo, and Idlib, recording 13,700 Syrian pounds for buying and 13,760 Syrian pounds for selling. In the Hasakah market, the exchange rate was 13,700 Syrian pounds for buying and 13,750 Syrian pounds for selling.
Official Dollar Rate from the Central Bank
The bulletin issued by the Central Bank of Syria on May 14, 2026, stated that the exchange rate for one US dollar was set at 11,300 Syrian pounds for old currency and 113 Syrian pounds for new currency. This rate applies to banks, exchange companies and offices, as well as international remittances and individuals.
Turkish Lira Trading Against Currencies
The Turkish lira exchange rate against the Syrian pound in the Damascus market recorded 299 Syrian pounds for buying and 302 Syrian pounds for selling. The Turkish lira also reached 45.50 against the US dollar and approximately 52.94 against the Euro.
Gold Prices in Syria
Gold prices in Syria experienced a slight decrease, with the price of 18-karat gold reaching 1,517,000 Syrian pounds. Meanwhile, 21-karat gold recorded a price of 1,770,000 Syrian pounds.
Numerical Comparison With the Previous Bulletin
Compared with the bulletin published on May 15, 2026, the dollar selling rate in Damascus, Aleppo and Idlib remained unchanged at 13,760 Syrian pounds. In addition, the recorded price of one gram of 21-karat gold declined from 1,782,000 to 1,770,000 Syrian pounds, a decrease of 12,000 pounds.
Buying and Selling Spread on the Bulletin Date
On May 16, 2026, the dollar was recorded in Damascus, Aleppo and Idlib at 13,700 Syrian pounds for buying and 13,760 for selling, giving a spread of 60 pounds. The dollar selling rate remained stable compared with the previous bulletin, while gold continued to decline. This result shows why gold should be followed separately even when the exchange rate is unchanged.
Archive notice: This page documents prices recorded on its publication date and is not a live quote. Before making an exchange or gold transaction, readers should review current rate pages and compare more than one market offer.
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