Syrian Pound Strengthens Broadly; Gold Mixed, Crypto Up
The Syrian Pound recorded broad strengthening against major foreign currencies over the past two weeks. Gold prices saw minor declines for some karats, while cryptocurrencies posted gains.
US Dollar Exchange Rate
The US Dollar traded at an average of 131.25 SYP, with buy rates at 131 SYP and sell rates at 131.5 SYP. Over the past two weeks, the Syrian Pound strengthened by 1.6% against the dollar.
Euro, Lira, Riyal Performance
The Syrian Pound also strengthened against the Euro, Turkish Lira, and Saudi Riyal. The EUR/SYP rate was 150.45 (buy 149.6, sell 151.3), reflecting a 0.7% strengthening for the pound over two weeks. The TRY/SYP rate stood at 2.755 (buy 2.74, sell 2.77), with the pound strengthening by 2.1%. The SAR/SYP rate was 34.895 (buy 34.65, sell 35.14), marking a 1.3% strengthening for the pound.
Gold Market Update
Gold prices showed minor shifts. 24K gold was quoted at 130 USD per gram, down 0.3% in 24 hours. 21K gold was 113 USD per gram, a 0.2% decline. 18K gold remained unchanged at 97 USD per gram.
Cryptocurrency Movements
Major cryptocurrencies recorded gains. Bitcoin (BTC) was priced at 63895 USD, up 1.4% in 24 hours. Ethereum (ETH) traded at 1872 USD, showing a 1.0% increase.