HTG (Haitian Gourde)

AAA

DEFINITION of 'HTG (Haitian Gourde)'

The currency abbreviation or currency symbol for the Haitian gourde (HTG), the currency for Haiti. The Haitian gourde is made up of 100 centimes and is often represented with the symbol G. Despite changes in currency valuation, five gourdes is still sometimes referred to as a "Haitian dollar", and prices are often quoted in this informal denomination.

INVESTOPEDIA EXPLAINS 'HTG (Haitian Gourde)'

The Haitian gourde was first seen in 1813 and has evolved in three phases. The gourde was revalued in 1870 and again in 1872. The gourde was pegged to the franc in 1881 and the dollar in 1912. This link was discontinued in 1989 and the gourde is now a floating currency. Gourdes are now issued in denominations of 10, 25, 50, 100, 250, 500 and 1000.

RELATED TERMS
  1. Currency

    A generally accepted form of money, including coins and paper ...
  2. Forex - FX

    The market in which currencies are traded. The forex market is ...
  3. Quote Currency

    The second currency quoted in a currency pair in forex. In a ...
  4. Base Currency

    The first currency quoted in a currency pair on forex. It is ...
  5. Currency Pair

    The quotation and pricing structure of the currencies traded ...
  6. Forex Futures

    An exchange-traded contract to buy or sell a specified amount ...
Related Articles
  1. Currency Exchange: Floating Rate Vs. ...
    Forex Education

    Currency Exchange: Floating Rate Vs. ...

  2. Forex: Wading Into The Currency Market
    Forex Education

    Forex: Wading Into The Currency Market

  3. Top 7 Questions About Currency Trading ...
    Forex Education

    Top 7 Questions About Currency Trading ...

  4. 6 Factors That Influence Exchange Rates
    Bonds & Fixed Income

    6 Factors That Influence Exchange Rates

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center