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.
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References in periodicals archive ?
2002, the Government started to subsidize all petroleum products because of the price increase on oil products, and a depreciation of the Haitian Gourdes vis-a-vis the U.S.
The value of imported goods, either FOB or CIF, is converted into Haitian gourdes at the prevailing daily rate, prior to the application of duties and taxes;

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