Haitian Gourde

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Haitian Gourde

The currency of Haiti. It was introduced in 1872, replacing another currency that was also called the gourde. It was initially pegged to the French franc, but this was switched to the U.S. dollar in 1912 at a rate of five gourdes to one dollar. Since 1989, the gourde has been a floating currency. Interestingly, the peg is maintained in colloquial speech, in which people refer to five gourdes as a Haitian dollar. Often, prices are even given in Haitian dollars.
References in periodicals archive ?
Tax rates on corporate income (in gourdes) currently stand as follows: 1 to 20,000 gourdes, 10%; 20,001 to 100,000 gourdes, 15%; 100,001 to 250,000 gourdes, 20%; 250,001 to 750,000 gourdes, 30%; over 750,000 gourdes, 35%;
Failure to report such transactions is punishable by more than three years' imprisonment and a fine of 20 million gourdes (approximately $542,000).
By charging half a gourde per bucket, the project will generate an annual revenue of two million gourdes, based on annual consumption of 20 million gallons of water in all the benefiting communities.
We know that the minimum daily wage in Haiti is just 36 gourdes [US$1.
Rosemene explains that for an eight- to eight-and-a-half-hour day, a factory worker earns 36 gourdes (US $1 = approx.
The embargo has brought on inflation and left half the work force jobless with "an average wage of about twenty gourdes for eight hours of work," according to Raymond Lafontant Jr.
Following months of street protests by students and, belatedly, workers from the garment-assembly sector in support of the legislature's original decision to raise the wage from 70 gourdes (US$1.
We have to fight with them," said Molier Benoit, whose syndicate doubled its fares to 12 gourdes (31 cents) for a ride in a metal frame built onto the back of a truck.
The Haitian government pays them monthly stipends of 5,000 gourdes (a little over $100) for basic living expenses, as well as their food and lodging.
Back in Haiti, on July 25, union and management concluded a settlement granting plantation day laborers a 43 gourde wage increase, taking their daily wage up to 95 gourdes ($4 at current exchange rates).
30 gourdes per 19-litre bucket - about 1p, or about what water costs in France, Mr Brailowsky said.
Partner of the Special Olympics National Committee (CNSO) for more than 5 years and wanting to add to the process for the social inclusion of children and adolescents with physical and/or intellectual disabilities, the Digicel Foundation has given above 2 Million gourdes to the Special Olympics National Committee.