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Spending in Haiti - Why are PRICES set in US Dollars when the Haitian Currency is GOURDES

Published June 5, 2017 8:12 AM   Comments (0)

This morning, overheard a man complaining in the radio that the price everything except rice and chicken in Haiti is set in US Dollars... If you want to buy a nice perfume, decent clothing, a night in a hotel room, you have to pay in US dollars. "Why is that," the man asks, "when the currency if Haiti is the Gourde?"

MONEY Advice : Can you save MONEY by simply leaving it on a Savings Bank Account?

Published June 5, 2017 8:04 AM   Comments (0)

Yes, I agree, putting money away in a savings account is a good way to prevent you from spending it impulsively but if you want to put money away hoping to get some good interest on it, to make your money grow, is a savings account the way to go?

Haitian MONEY Talk - Increase the value of the GOURDE, Its immediate impact on the Haitian economy

Published February 10, 2017 7:43 AM   Comments (4)

A group of Haitian professors and businessmen sat on a round table recently discussing the most immediate way to positively impact the Haitian economy today. One of them said: "If the value of the Haitian currency (gourde) were to increase slightly compared to the US dollar, this would be an immediate relief to parents across the country."

Economics - In Haiti, The Flow Of Income is NOT Circular, That's why we are so POOR, Details...

Published March 30, 2016 9:14 AM   Comments (3)

I was watching a video called "Circular Flow of Income - How the different components of an economy interact" and it made me realize why Haiti is so POOR as a country... Plain and simple, The Haitian flow of income is FLAT, it is NOT Circular... Our economy does NOT grow, it flows out to other countries..

Haiti Money - Martelly blames Former Haitian Leaders for Depreciation of the Gourde to the US Dollar

Published July 23, 2015 7:45 AM   Comments (4)

Haiti Money Update -- If the Haitian Gourde has lost so much value to the U.S. Dollar, it is because of past mistakes of former Haitian Leaders, President Michel Martelly said on the election trail...

Haiti Money - 50.5 Haitian Gourdes Now NEEDED for 1 US Dollar...

Published June 4, 2015 8:45 AM   Comments (3)

Have you heard? The US Dollar rises above 50 gourdes in Haiti. The Haitian Gourde is loosing more and more value... Nowadays need 50.5 Haitian Gourdes to buy one US dollar in Haiti... It's 50.1 gourdes to sell 1 US dollar...

Haiti received 1.9 Billion Dollars from the Diaspora in 2014

Published May 13, 2015 9:14 AM   Comments (3)

Can you believe this? Haitians in the diaspora sent a whopping 1.9 BILLION dollars in money transfers to their family and friends living in Haiti in the year 2014... That's not counting money sent in the pockets of Haitians traveling back to Haiti...

Haitien an mande-m 50 goud, mwen gen problem 500 dola, kob mwen pa kont, kisa pou-m fe?

Published May 12, 2015 9:55 AM   Comments (2)

Banm poze-w yon keksyon: Si yon moun vini kote-w li mande-w pou w fè-l kado 50 goud pandan ke ou menm, ou genyen problem 500 dola americain pa-w ke wap jere epi kob ou pa kont, eske w-ap bay li??? Eske ou mechan, eske ou malonèt si ou di NON???

Haiti Money - 50 Gourdes for 1 US Dollar, Coming soon...

Published May 6, 2015 5:41 AM   Comments (3)

One upon a time, you needed 5 Haitian gourdes for 1 U.S. dollar... Not anymore... Nowadays, the exchange rate for one U.S. Dollar is 48.74 gourdes. If you want to buy this hard to find green back, you need 49 Haitian gourdes. Soon you may need 50 gourdes.

Haiti Ekonomi - Anpil moun ap plenyen LAJAN pa SIKILE nan peyi a...

Published March 24, 2015 11:23 AM   Comments (1)

Genyen anpil Haitien nan peyi d'Haiti ki ap plenyen LAJAN pa SIKILE nan peyi a... Tout kote ou pase se preske menm pawol la, lajan rete kote li ye a, li pa pase de men nan men, li pa bouje, sa ki lakòz anpil moun razè nan peyi a...

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