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 527.12002303396 SYP
2 NZD15 054.24004606792 SYP
3 NZD22 581.36006910187 SYP
4 NZD30 108.48009213583 SYP
5 NZD37 635.60011516979 SYP
6 NZD45 162.72013820375 SYP
7 NZD52 689.84016123771 SYP
8 NZD60 216.96018427166 SYP
9 NZD67 744.08020730562 SYP
10 NZD75 271.20023033958 SYP
100 NZD752 712.00230339579 SYP
200 NZD1 505 424.00460679158 SYP
300 NZD2 258 136.00691018737 SYP
400 NZD3 010 848.00921358315 SYP
500 NZD3 763 560.01151697894 SYP
600 NZD4 516 272.01382037473 SYP
700 NZD5 268 984.01612377052 SYP
800 NZD6 021 696.01842716631 SYP
900 NZD6 774 408.0207305621 SYP
1 000 NZD7 527 120.02303395789 SYP
2 000 NZD15 054 240.04606791577 SYP
5 000 NZD37 635 600.11516978943 SYP
10 000 NZD75 271 200.23033957886 SYP
20 000 NZD150 542 400.46067915772 SYP
50 000 NZD376 356 001.1516978943 SYP
100 000 NZD752 712 002.30339578859 SYP
Last updated March 17, 2025 at 09:55 PM