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The Syrian pound is the official money used in Syria for buying and selling goods and services. It matters because its value affects how much things cost for people living in Syria and influences Syria's trade with other countries.
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Encyclopedic overview
The Syrian pound, known locally as the Syrian lira, (Arabic: الليرة السورية, romanized: al-Līra as-Sūriyya; abbreviation: LS or SP in Latin, ل.س in Arabic, historically also £S, and £Syr; ISO code: SYP) is the official currency of Syria. It is issued by the Central Bank of Syria. The pound is nominally divided into 100 piastres (قرش qirsh, plural قروش qurūsh in Arabic, abbreviated to p.), although only banknotes are currently issued.
Before 1947, the Arabic inscription of the word "qirsh" was spelled with the initial Arabic letter غ, after which the word began with ق. Until 1958, banknotes were issued with Arabic on the obverse and French on the reverse. Since 1958, English has been used on the reverses, hence the three different names for this currency. Coins used both Arabic and French until independence, then only Arabic.
Excerpted from Wikipedia’s “Syrian pound” article, available under the CC BY-SA 4.0 licence.
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