Because currency is a core marker of national identity, overhauling the Syrian financial and banking sector that has been in decline for 14 years requires a new currency, analysts said.

Iran plans to cut four zeros from the rial, but experts warn it may be largely symbolic without broader economic reforms.

The Houthis’ unilateral currency issuance is worsening Yemen’s economic divide, undermining the banking system, and risking a wider financial conflict with the government.

Syria’s new government plans to introduce a redesigned currency, minus al-Assad’s image, as a step toward restoring stability, sovereignty, and economic control amid ongoing financial turmoil.

The presidents of Argentina and Brazil are to launch a common currency called "el sur," raising skepticism about the feasibility of such projects.