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Money
Currency: Syrian Pound (S£) = 100 piastres. Notes are in denominations of S£1000, 500, 200, 100, 50, 25, 10, 5 and 1. Coins are in denominations of S£25, 10, 5, 2 and 1.
Currency exchange: Syrian currency cannot generally be reconverted to hard currency. The country's banking system is state-owned, and there is at least one branch of the Commercial Bank of Syria in every main town. Hard currency can be exchanged for local currency in these branches.
Credit & debit cards: American Express and Diners Club are most readily accepted; some hotels will accept MasterCard. Tickets may be bought with credit cards. Check with your credit, or debit, card company for merchant acceptability and for other services which may be available.
Travellers cheques: Not always exchangeable at Damascus airport and not generally recommended.
Currency restrictions: The import of local and foreign currency is unlimited. The export of local currency is prohibited. The export of foreign currency is limited to the amount declared on arrival.
Exchange rate indicators
The following figures are included as a guide to the movements of the Syrian Pound against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 63.68 | 74.30 | 81.56 | 73.24 | | $1.00= | 43.70 | 48.85 | 51.58 | 46.00 |
Banking hours: Normally Sat-Thurs 0800-1400 (banks tend to close early Thursday).
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