Syrian Pound Weakens Against Major Currencies Over Two Weeks; Gold and Crypto Decline
The Syrian Pound continued its two-week weakening trend against the US Dollar and other major currencies as of September 15. Gold and cryptocurrency markets also saw declines over the past 24 hours.
US Dollar Exchange Rate
The US Dollar was quoted at 135.25 Syrian Pounds (SYP) per USD, with buy rates at 135 SYP and sell rates at 135.5 SYP. Over the past two weeks, the Syrian Pound weakened by 2.7% against the US Dollar.
Other Currency Cross Rates
Against the Euro, the Syrian Pound weakened by 2.2% over two weeks, with the EUR/SYP rate at 155.5 (buy 154.6, sell 156.4). The Turkish Lira also saw the Pound weaken by 2.2% to 2.775 SYP (buy 2.76, sell 2.79). The Saudi Riyal recorded the largest two-week weakening for the Pound, at 3.1%, with SAR/SYP at 35.855 (buy 35.61, sell 36.1).
Gold Prices
Gold prices in US Dollars saw minor declines over the last 24 hours. 24K gold was at 138 USD per gram, down 0.5%. 21K gold traded at 120 USD per gram, a decrease of 0.4%, while 18K gold was at 103 USD per gram, down 0.2%.
Cryptocurrency Performance
Major cryptocurrencies experienced declines. Bitcoin (BTC) was priced at 75893 USD, down 3.2% in 24 hours. Ethereum (ETH) traded at 2404 USD, recording a 3.9% decrease over the same period.