This is a summary version of a study that GOAL developed in partnership with Ihsan RD to outline the impacts SYP depreciation and currency choice in CVA programming can have on the effectiveness of aid delivery in North-West Syria, and identify strategies that can maximize the value of the assistance provided as well as strengthen operational efficiency both for humanitarian organizations and market stakeholders.

The overall objective of this study is to identify the most appropriate currency to use for GOAL’s cash and vouchers assistance in Idleb and Northern Aleppo, with a view to maximising the value of the assistance provided to beneficiaries and supporting operational efficiencies for GOAL and market stakeholders while keeping a ‘do no harm’ approach at the core.