Syria to launch new currency on January 1, 2026

The Syrian pound has lost more than 99 percent of its value since 2011, with the exchange rate currently around 11,000 pounds to the US dollar, compared with about 50 pounds per dollar before the beginning of the country's lengthy civil war.

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Iran’s rial loses three times its value since Trump took office

Over the past decade, Iran’s currency has sharply depreciated, with the rial falling from about 3,000 tomans per US dollar in October 2015 to 118,000 tomans per dollar in December 2025, a decline of nearly 3,833 percent.

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Iran’s currency zero-removal ‘negative signal’: Expert

“Removing four zeros from the currency doesn’t change much in reality. It’s like changing the scale on a thermometer, the numbers look smaller, but the temperature is still the same,” economic expert Mason Farhad Nariman told The New Region.

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CBI issues new regulations to curb foreign currency smuggling

The new Central Bank of Iraq (CBI) measures come as the US has increasingly sanctioned Iraqi banks over allegations of currency smuggling and other means of bypassing economic measures imposed on Iran.

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Iran’s top supervisory body endorses plan to remove four zeros from currency

“The Supreme Supervisory Board of the Expediency Discernment Council... did not consider the removal of four zeros from the national currency to be contrary to general policies," Iranian state media reported.

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Iran approves to remove four zeros from currency

“The Central Bank has 2 years to prepare the ground for implementing this, and after that, there will be a 3-year transition period during which the current and new currencies will be used simultaneously,” the outlet further noted.

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