Syrian pound
The Syrian Civil War and has resulted in a substantial capital fight of Syrian goods and services to nearby Arab countries. Before the war, the exchange rate was remarkably stable; one U.S. dollar was quoted at 47 Syrian pounds. , profound effects of the Syrian Civil War to the Syrian economy reduced the value of the Syrian pound to less than one thousandth of a U.S. dollar in the black market, representing a devaluation of 96% since the start of the war. Between 1 January and 16 January 2020, the Syrian pound lost a quarter of its value relative to the U.S. dollar, from 900 SYP/USD to 1200 SYP/USD.