100 Haitian gourdes for one U.S. dollar, Haiti's worst nightmare is now a reality

Haitians have long feared that one day you will need 100 gourdes for one U.S. dollar. Haitian newspaper Le Nouveliste reported thaf it is now so. You need 100 Haitian gourdes for one U.S. dollar.

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

With a coronavirus pandemic in full effect around the world and the strongest economies in the brink of collapse because of massive business closures and employee layoffs, I am sure it was expected that a small economy like Haiti, can you call me so dependent on remittances from the diaspora would suffer the consequences.

It should be no surprise if in these times the Haitian currency Texa dive for the worst.

I don't believe it should be a cause for panic right now.

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Tags: haiti currency, Money, Money Transfer to Haiti, Currency Exchange, Haiti News Updates, Haitian Newsletter Articles, Business

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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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