Saudi Riyal to Syrian Pound

About SAR/SYP

The Saudi Riyal (SAR) to Syrian Pound (SYP) exchange rate reflects the value of one SAR in SYP. SARF tracks both the official central bank rate and the parallel market rate, which together reveal the true cost of foreign exchange in MENA markets. The spread between these two rates is a key indicator of economic pressure and currency market fragmentation.

Saudi Arabia pegs the Saudi Riyal (SAR) to the US Dollar at 3.75, one of the most stable fixed exchange rate arrangements globally. The central bank maintains substantial reserves to defend the peg, making the spread between official and parallel rates among the smallest in the region.

The Syrian Pound (SYP) has lost the vast majority of its value since 2011. Multiple exchange rate tiers, Central Bank rates, and informal market rates coexist. Syria's FX market remains one of the most fragmented and volatile in the region.