Syrian pound
On 5 December 2005, the selling rate quoted by the Commercial Bank of Syria was £S48.4 = US$1. A rate of about £S50 to US$1 was usual in the early 2000s, but the rate is subject to fluctuations. Since the start of the civil war in 2011, the pound's unofficial exchange rate has deteriorated significantly. It was £S47 = US$1 in March 2011 and £S515 in July 2017. Since July 2007, the Syrian pound has been pegged to the IMF SDR (Special Drawing Rights).