Syria’s central bank intends to revalue the pound by removing two zeros and issuing new banknotes on 8 December 2025, according to documents and seven sources familiar with the plan. The date marks the first anniversary of Bashar al-Assad’s fall and is meant to signal a clean break from more than five decades of family rule. The revised notes will be printed by Russia’s state-owned security printer Goznak, the same company that supplied Damascus under Assad. Commercial lenders were told in mid-August to prepare for the rollout and to submit infrastructure reports covering cash-handling equipment and storage capacity. Old and new notes will circulate together for 12 months, with a full switch targeted for 8 December 2026. Policy makers hope the redenomination will restore confidence in a currency that has lost over 99 percent of its value since war erupted in 2011, driving the exchange rate to roughly 10,000 pounds per U.S. dollar from 50 before the conflict. Bankers say the overhaul also seeks to draw an estimated 40 trillion pounds held outside the formal financial system back into regulated channels and to ease routine transactions now conducted with bags of high-denomination bills.