Money

Did you know? Every time you purchase a gallon of gasoline in Haiti, the Haitian government loses 89 gourdes ($0.95 US dollars)

With the Haitian currency having absolutely no value compared the the US dollar, the price of food in Haiti has gone up and up to an unacceptable level these days. Everyone is complaining.

You ever ask yourself why do Haitian police officers put their lives at risk everyday to protect an serve when an average taxi moto driver makes more money than most policemen in Haiti?

One of the number ONE way that money enters Haiti is via money transfers from the Diaspora to their family and friends but can you believe how fast that money leaves Haiti through its borders with the Dominican Republic and to other countries?

My fellow Haitians, The US dollar has skyrocketed in Haiti lately... As of November 16 2018, you now need 75 Haitian gourdes for one us dollar in Haiti.

The Haitian currency has hit a record low compared the U.S. Dollar these days... As of Saturday, Oct 13 2018, you need 72.50 gourdes for one U.S. dollar in Hinche, Haiti.

Back in March 2018 the Haitian government made the decision that all commercial transactions across the country were to be made exclusively in gourdes, the Haitian currency, buying or selling. But today, the government is curbing that decision a little bit.

Nowadays, if you have 100 dollars US in Haiti, you will receive 7,025 Haitian Gourdes in exchange. Some people say it will go up even higher in the days to come.

There are many parents in Haiti you wouldn't expect that cannot send their children to school this year. It is a very tough situation for many.

Can you believe this? Most of the US Dollars coming into Haiti are leaving the country through the Dominican Republic. 80 percent of all U.S. dollars exchanged in the city of Hinche Haiti goes to the Dominican Republic. I just heard this most shocking news from someone who is in the business of exchanging currency in the Centre Department of Haiti.