NZD to SYP Exchange Rate - Convert New Zealand Dollar to Syrian Pound

Converting from New Zealand Dollar (NZD) to Syrian Pound (SYP)

What is New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories. Introduced in 1967, the NZD replaced the New Zealand Pound at a rate of two NZD for one New Zealand Pound. The currency is often represented by the symbol "$" or "NZ$" to differentiate it from other dollar-denominated currencies.

The NZD is subdivided into 100 cents, and it comes in both coin and banknote forms. Commonly used denominations include coins of 10, 20, and 50 cents, as well as $1 and $2 coins, alongside banknotes of $5, $10, $20, $50, and $100.

New Zealand’s economy is characterized by a stable financial system, diverse industries, and a strong agricultural sector. The NZD is often considered a commodity currency because its value is influenced by the prices of New Zealand's key exports, such as dairy products, meat, and timber. As a result, the exchange rate can fluctuate significantly based on global commodity prices and economic conditions.

What is Syrian Pound (SYP)

The Syrian Pound (SYP) is the official currency of Syria. It is abbreviated as "SYP" and often symbolized by "£S" or "LS" (for Lira Suriye). The Syrian Pound has been in use since 1947, replacing the Syrian Lira at a rate of 1 for 1. Like the NZD, the SYP is subdivided into smaller units known as piastres, with 1 pound equaling 100 piastres.

The Syrian economy has faced numerous challenges over recent years, largely due to civil conflict that began in 2011. This has resulted in a significant depreciation of the SYP against major currencies, including the NZD. Economic instability, inflation, and sanctions have all negatively impacted the value of the Syrian Pound, making currency conversion a vital process for transactions involving foreign currencies.

Converting NZD to SYP

When converting from New Zealand Dollar (NZD) to Syrian Pound (SYP), it's important to be aware of the current exchange rate as it can fluctuate daily due to market conditions. You can find the exchange rate through various financial news outlets, currency converters online, or by contacting financial institutions.

The process for converting currency typically involves multiplying the amount in NZD by the current exchange rate of NZD to SYP. For example, if the exchange rate is given as

1 NZD = 1,500 SYP

, then to convert $100 NZD, you would calculate:

100 NZD × 1500 SYP = 150,000 SYP

Understanding currency conversion is crucial for travelers, businesses engaged in international trade, and individuals sending remittances to or from Syria. With a solid grasp of the concepts surrounding the NZD and SYP, you can make informed financial decisions in an ever-changing economic landscape.

New Zealand Dollar to Syrian Pound conversion table

NZD to SYP conversion table

New Zealand Dollar (NZD)Syrian Pound (SYP)
1 NZD7 451.52787855353 SYP
2 NZD14 903.05575710707 SYP
3 NZD22 354.5836356606 SYP
4 NZD29 806.11151421413 SYP
5 NZD37 257.63939276767 SYP
6 NZD44 709.1672713212 SYP
7 NZD52 160.69514987473 SYP
8 NZD59 612.22302842827 SYP
9 NZD67 063.7509069818 SYP
10 NZD74 515.27878553533 SYP
100 NZD745 152.78785535332 SYP
200 NZD1 490 305.57571070663 SYP
300 NZD2 235 458.36356605995 SYP
400 NZD2 980 611.15142141327 SYP
500 NZD3 725 763.93927676658 SYP
600 NZD4 470 916.7271321199 SYP
700 NZD5 216 069.51498747322 SYP
800 NZD5 961 222.30284282654 SYP
900 NZD6 706 375.09069817985 SYP
1 000 NZD7 451 527.87855353317 SYP
2 000 NZD14 903 055.75710706634 SYP
5 000 NZD37 257 639.39276766585 SYP
10 000 NZD74 515 278.78553533169 SYP
20 000 NZD149 030 557.57107066338 SYP
50 000 NZD372 576 393.92767665845 SYP
100 000 NZD745 152 787.8553533169 SYP
Last updated March 14, 2025 at 11:55 PM