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

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.

Read more: haiti currency, Money, Money Transfer to Haiti, Currency Exchange, Haiti News Updates, Business

You might also like

What is an emerging market - Is Haiti classified as an emerging market?

Unemployment in Haiti : Two-thirds of adults in Haiti are unemployed or underemployed

Responses