Haitian gourde
Encyclopedia : H : HA : HAI : Haitian gourde
This article is about the currency of Haiti. For Canadian Politican Jacques Gourde click here
The gourde is the currency of Haiti. Its ISO 4217 code is HTG and it is divided into 100 centimes.
The first gourde was introduced in 1813. It replaced the livre at a rate of 1 gourde = 8 livre 5 sous. In 1870 and again in 1872, the gourde was revalued, first at a rate of ten to one, then at a rate of three hundred to one. In this period, when only banknotes were being issued, the name piastre was sometimes used instead of gourde, especially on a banknote issue dated 1875. In 1881, the gourde was linked to the French franc at 5 francs = 1 gourde and coin production recommenced.
The peg to the franc did not last but, in 1912, the gourde was pegged to the US dollar at a value of 5 gourdes to the US dollar. Although this peg was abandoned in 1989 and the currency now floats, because of the old link, five gourdes is often referred to as a "Haitian dollar". Likewise, 5 centimes is a "Haitian penny". Indeed, in many places, prices are given not in gourdes, but rather in "Haitian dollars", which must be multiplied by five to convert to gourdes.
Coins
centime (in French); santim (in Kreyol)- 5 centimes ("1 Haitian cent")
- 10 centimes ("2 Haitian cents")
- 20 centimes ("4 Haitian cents")
- 50 centimes ("10 Haitian cents")
- 1 gourde ("20 Haitian cents")
- 5 gourdes ("1 Haitian dollar")
Banknotes
gourde (in French); goud (in Kreyol)- 1 gourde ("20 Haitian cents")
- 2 gourdes ("40 Haitian cents") [Note: not high in circulation]
- 5 gourdes ("1 Haitian dollar")
- 10 gourdes ("2 Haitian dollars")
- 25 gourdes ("5 Haitian dollars")
- 50 gourdes ("10 Haitian dollars")
- 100 gourdes ("20 Haitian dollars")
- 250 gourdes ("50 Haitian dollars")
- 500 gourdes ("100 Haitian dollars")
- 1000 gourdes ("200 Haitian dollars") – planned, not yet in circulation
External link
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.
