Several countries have changed, replaced or redenominated their currencies in recent years as governments sought to simplify transactions, tackle economic challenges or align their monetary systems with broader economic reforms.

Currency changes can have major effects on businesses, consumers, travelers and investors, particularly when old notes are withdrawn or large denominations are removed.

Here are five countries that have recently changed their currencies.

1. Syria

Syria introduced a new version of its national currency on January 1, 2026, as part of a major monetary reform.