May 5, 2024

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Closing value of the euro in Haiti on April 25 from EUR to HTG

Closing value of the euro in Haiti on April 25 from EUR to HTG

To buy the euro, it is first necessary to know the selling price. (information)

he euro Paid at closing for 141.62 gourdes on averageWhich indicates a change of 0.69% compared to the previous session’s figure when it recorded 140.66 gourdes.

And last week, euro Record an increase 1.16%; However, year to date, there is still a decline in 5.69%.

Regarding today's changes compared to previous days, three consecutive sessions of rise have accumulated. Regarding the volatility of the recent dates, it is lower than the figures achieved for last year (8.8%), which indicates that its price shows less changes than expected recently.

The gourde (translated as “fat”) is the official currency of Haiti. Referred to as HGT, it is also divided into 100 cents and its production is regulated by the Bank of the Republic of Haiti.

Although its name comes from French, its origin refers to the Spanish currency called “gordos.” Some citizens also call it “goud” to sound similar to the English word “mood”.

It was introduced in 1813 AD Replace the old poundCurrently you can find 5, 10, 20 and 50 centimes, as well as 1 and 10 gourde, however, coins in denominations of 5, 10 and 20 centimes do not maintain regular use, so their use is a minority.

As for banknotes, you can find 10, 20, 25, 50, 100, 250 and 1000 gourdes. One Haitian gourde is currently equivalent to 0.0097 units of the US dollar, plus 0.0085 units of the euro.

Throughout its history, the Gorde has had three emissions, the last in 1872, which is the one currently in use. In 1912, the currency was linked to the dollar American dollarBut in 1989 it was separated, although currently there are places where citizens prefer to use the Haitian dollar, followed by the US dollar, the second most accepted currency.

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For the Haitian banknotes, images of historical figures were chosen, such as that of the Marché Valliéres, a famous pedestrian market, as well as Catherine FloonShe is considered a symbol of the Haitian Revolution, and is the woman who sewed the first Haitian flag in 1803. The coat of arms appears on the back of all coins.

Demand for the currency is low outside the country, as Haiti has Fragile economyBecause it is not an exporting country and depends entirely on agriculture for survival. In addition, its annual budget is funded by 20% from foreign aid.

These circumstances have forced Haiti to become so The poorest country in Latin America and the Caribbean (by 60%); It also has one of the highest rates of income inequality in the world and 44% of its population suffers from severe food insecurity.

Likewise, in recent years the country has distinguished itself Political instability And major natural disasters, as only in 2021 its citizens were subjected to the assassination of their president, Jovenel Moise, and a few weeks later a 7.2-magnitude earthquake occurred, leaving more than 2,200 dead and damage that is still recovering.