New banknotes have entered circulation across Syria, replacing those featuring ousted ruler Bashar al-Assad and his family, as the new government works to stabilize the economy and restore faith in the Syrian Pound after years of devastating war.
The redesigned currency features agricultural symbols like roses, wheat, olives and oranges, ranging from 10 to 500 pounds, symbolizing a shift towards national identity over individual veneration.
The new bills officially entered circulation on January 1 at money exchanges nationwide, following a redenomination that removed two zeros to simplify transactions amid severe economic weakening from conflict.
As part of broader reforms to revitalize the economy and rebrand the state, the changes aim to signal a political break from the past regime while addressing triple-digit inflation and depleted reserves.
Syrian leader Ahmed al-Sharaa said the move marked “the end of a previous, unlamented phase and the beginning of a new phase that the Syrian people … aspire to”.
“The new currency design is an expression of the new national identity and a move away from the veneration of individuals,” he said.
Many Syrians welcomed the change, with Damascus resident Muhammad Zaar telling Al Jazeera: “At least we get rid of this previous president. It is ridiculous to see his picture on our money.”
The rollout coincides with renewed international support, including lifted US sanctions and pledged Gulf aid, offering hope for recovery in a nation scarred by prolonged civil war and hyperinflation.
