Currency Exchange Shortchanging
Fake Exchange Rates
In cities like Damascus and Aleppo, street money changers target tourists by quoting inflated exchange rates for the Syrian Pound (SYP), such as claiming 500 SYP per USD when the actual street rate is around 1500 SYP per USD, then pocketing the difference after a quick transaction. They often operate near markets or border crossings and use distraction tactics like counting money slowly or involving accomplices to confuse victims.
- Verify the current SYP exchange rate via a reliable app before exchanging, as rates fluctuate due to economic instability.
- Opt for licensed exchange bureaus in central Damascus banks rather than street vendors, even if they offer slightly worse rates for safety.
- Count your SYP notes immediately in front of the exchanger and use phrases like 'Hisaab marra thaniya' (count again) to demand recounts.
Counterfeit Currency Distribution
Tourists exchanging money in informal settings, such as near the Al-Hamidiyah Souk in Damascus, may receive counterfeit SYP notes mixed with real ones, often lower denominations like 50 or 100 SYP bills that are hard to detect without scrutiny, leading to losses when trying to spend them later.
- Inspect notes for security features like watermarks and raised text before accepting, which are standard on genuine SYP bills.
- Exchange only at banks or hotels in major cities like Aleppo, and avoid back-alley dealers.
- Keep transactions under 10,000 SYP to minimize exposure and report suspicious notes to local police immediately.
Market Overpricing
Aggressive Haggling and Price Inflation
In bustling markets like those in Damascus or Aleppo, vendors inflate prices for tourists, starting negotiations at triple the local rate—for example, demanding 5,000 SYP for a scarf that locals buy for 1,000 SYP—and use high-pressure tactics like blocking exits or calling in family members to feign agreement on a 'special deal'.
- Research average prices in advance, such as checking that spices in Aleppo souks cost around 500-1,000 SYP per kilogram.
- Haggle firmly but politely, using local phrases like 'Kam al-sahih?' (What's the real price?) to signal you're informed.
- Shop with a local guide or in less touristy areas of Homs markets to get fairer prices and avoid isolated vendor stalls.