100 Haitian Gourdes for 1 Us Dollar - The Day Haiti's Worst Nightmare Became a Reality

Haitians have long feared that one day you will need 100 gourdes for one U.S. dollar. Back in April 2020, Haitian newspaper Le Nouveliste reported that the fear became a reality. As of early April 2020 you needed 100 Haitian gourdes for one U.S. dollar. It's gotten worse since.

The Haitian Gourde vs The US Dollar
The Haitian Gourde vs The US Dollar

The Haitian currency rose as high 160 gourdes for one US dollar in early 2023.

Also read: 75 Gourdes for One US Dollar, When did it Happen?

100 Haitian gourdes for one U.S. dollar, The day Haiti's worst nightmare became a reality

The world was in the middle of the COVID-19 coronavirus pandemic. Corona Virus was in full effect around the world and the strongest economies were in the brink of collapse because of massive business closures and employee layoffs.

What did you expect was going to happen to a small economy like Haiti?

There was no doubt that a country so dependent on money transfers from the diaspora would suffer the consequences.

It should be no surprise if in those times the Haitian currency would dive for the worst.

100 Haitian gourdes for one U.S. dollar. Come to think, once upon a time all you needed was 5 Haitian gourdes for one US dollar.

How bad will it get? only time will tell.

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All Comments (3)

Harry Laurenceau says...

As long as Haiti spreads out his back to accept the forced inflation imposed by the American dollar without saying anything, this is a situation that is more likely to unfortunately perpetrate.

Many decades ago, five Haitian gourdes equaled one US

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Claude says...

My friend, the exchange look bad however if you had to compare to other countries like Vietnam where the Dang is 25.000:00 / 1.00 or the Costa Rica even the Chilean the Colon and the peso are 572 and 865, those 3 countries have a better economy than

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Haiti Nouvelles says...

Les Haïtiens craignent depuis longtemps qu'un jour vous aurez besoin de 100 gourdes pour un dollar américain.

Le journal haïtien Le Nouveliste a indiqué que tel est désormais le cas. Vous avez besoin de 100 gourdes pour un dollar américain.

Avec une pandémie de coronavirus en plein effet dans le monde et les économies les plus solides au bord de l'effondrement en raison de fermetures massives d'entreprises et de licenciements d'employés, je suis sûr qu'il était prévu qu'une petite économie comme Haïti, pouvez-vous me dire si dépendante des envois de fonds de la diaspora en subirait les conséquences.

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