Syrrako was inhabited before the 15th century (possibly in the 11th century) by Aromanians (Vlachs). Evidence for this includes the age of the plane trees in the village square. During the Ottoman period, after 1480, it was the capital of the self-governed federation of Malakasioi, consisting of 42 villages and belonging to the Valide Sultan. Because of this it enjoyed a privileged treatment. During that time the village developed immensely. Firstly, the inhabitants were involved in cattle breeding and afterwards they developed trade, industrial production of wool textiles and cattle products.