Haiti is a country particularly located on the island of Hispaniola in the Caribbean sea. Its area total is 10,710 square miles. The population in Haiti is 11.4 million which makes it the most populous country in the Caribbean. Port-au-Prince is the capital and also the biggest city in Haiti. The official languages are French and Haitian Creole.
The history of the Haitian Gourde.
The first official currency in Haiti was livre which was brought by the French colonies. However, until 1813, it was replaced by the current unit of money Gourde with the currency code is HTG. The term “gourde” came from old money in Spanish called gordos. The introduction of Gourde marked a symbol of Haiti’s independence to the global.
The first official banknote denomination was available at 1, 2, 5, 10, 20, 25, 50, 100, 500, and 1 000 gourdes notes.
In 1870, only the banknote currency was issued in the second gourde denomination due to the adjustment of the exchange rate. These are 10 and 25 gourdes notes.
Since 1872, the current banknote denomination is still in use. In 1920, the new denomination of Gourde notes was introduced at 1, 2, 5, 10 and 20 gourdes notes, followed by the 50 and 100 gourdes notes. Later on, the latest issued banknotes are 25, 250, and 500 gourdes notes were introduced in the 1970s.
These banknotes illustrated the important person who contributed themselves to gaining independence and shaping the country.