Syrian Arab Republic: Official exchange rate (LCU per US$, period average)

Key figures

What the numbers say

In 2022, Syrian Arab Republic's official exchange rate (LCU per US$, period average) rose US$1,250 on 2021 (from US$1,256 to US$2,506).

Across the 30 yearly changes before that (1992 to 2021), the average change was +US$41.49 and a typical year strayed about US$110.28 from that (the standard deviation). This year's change was 11.0 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$1,250 in 2022 and the biggest yearly fall was US$56.11 in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 the straight-line trend is upward, about US$196.14 a year. A straight line explains 67% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Syrian Arab Republic in the 2022 ranking

• Sudan — 2nd of 2: US$546.76

What this measures

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.

Limitations: Official or market exchange rates are often used to convert economic statistics in local currencies to a common currency in order to make comparisons across countries. Since market rates reflect at best the relative prices of tradable goods, the volume of goods and services that a U.S. dollar buys in the United States may not correspond to what a U.S. dollar converted to another country's currency at the official exchange rate would buy in that country, particularly when nontradable goods and services account for a significant share of a country's output.

All 63 values

Official exchange rate (LCU per US$, period average) in nearby economies

• Afghanistan — US$76.81 (2020)
• Algeria — US$131.61 (2025)
• Bahrain — US$0.38 (2025)
• Djibouti — US$177.72 (2025)
• Egypt, Arab Rep. — US$49.23 (2025)
• Iran, Islamic Rep. — US$42,000 (2023)
• Iraq — US$1,300 (2025)
• Israel — US$3.45 (2025)
• Jordan — US$0.71 (2025)
• Kuwait

More financial sector data for Syrian Arab Republic

• DEC alternative conversion factor (LCU per US$) — US$11,108 (2025)
• GDP deflator (base year varies by country) — 12,692 (2022)
• Inflation, GDP deflator (annual % growth) — 107.38% (2022)
• Consumer price index (2010 = 100) — 614.95 (2019)
• Inflation, consumer prices (annual % growth) — 13.42% (2019)
• Inflation, GDP deflator, linked series (annual % growth) — 107.38% (2022)
• GDP deflator, linked series (base year varies by country) — 12,692 (2022)

Every indicator for Syrian Arab Republic is on the Syrian Arab Republic data page.

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Questions people ask

What is Syrian Arab Republic's official exchange rate (LCU per US$, period average)?

US$2,506 in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 69,893% from US$3.58 in 1960 (11.14% a year on average, compounded). The highest value was US$2,506 in 2022 and the lowest US$3.58 in 1960.

Is the latest change in official exchange rate (LCU per US$, period average) unusual for Syrian Arab Republic?

In 2022, Syrian Arab Republic's official exchange rate (LCU per US$, period average) rose US$1,250 on 2021 (from US$1,256 to US$2,506). Across the 30 yearly changes before that (1992 to 2021), the average change was +US$41.49 and a typical year strayed about US$110.28 from that (the standard deviation). This year's change was 11.0 standard deviations above that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator PA.NUS.FCRF, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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