How much would you be worth today in Haiti if you put 1 million gourdes in the Bank in June 2015?

In June 2015 Haitians were shocked when the Haitian currency rised above 50 gourdes for 1 U.S. dollar. One million gourdes was worth about USD $19,801. What if you put one million Haitian gourdes in the bank back in June 2015, how much would it be worth today, June 2019, in U.S. dollars?

Unibank Haiti - Taux de Change USD / HTG (6 Juin 2019)
Unibank Haiti - Taux de Change USD / HTG (6 Juin 2019)

Let's take a look...

1 million gourdes divided by 93.50 equals... Drum roll please!!!

Ten thousand six hundred and ninety five dollar US ($10,695)

Congratulations! You just lost nine thousand one hundred and seven dollars US ($9,106) on your Haitian life savings, which by the way, represents 842,305 Haitian gourdes in today's money or 84.2% of the one million gourdes you originally put in the bank.

Here is another shock for you... If you took that same money and saved in US dollars instead, you now be worth 1.8 million gourdes today.

You get it?

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Tags: haiti currency, Saving Money, Currency Exchange, Haitian Newsletter Articles, Money and Finance

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All Comments (1)

Patrick Princivil says...

LÈ BAGAY SA YO RIVÉ, KOLON DIASPORA YO KONTAN POU YAL FÈ BÈ.

TABOU

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