Haitian Gourde (HTG) to US dollar (USD)

The HTG/USD exchange rate indicates the value of the Haitian gourde relative to the US dollar. As a directed pair, it shows how many US dollars are required to purchase one Haitian gourde. This rate is crucial for importers, exporters, and remittance senders between Haiti and the United States. When the gourde appreciates against the dollar, it means fewer dollars are needed to buy a gourde, benefiting Haitian consumers of US goods but potentially hurting exporters.

Structural drivers of HTG/USD include the monetary policies of the Bank of the Republic of Haiti (BRH) and the US Federal Reserve. Interest rate differentials, inflation rates, and economic growth in both countries play significant roles. Haiti's economy is heavily reliant on agriculture, remittances, and light manufacturing, while the US is a major trading partner. Political stability, natural disasters, and commodity prices also influence the gourde's value. Capital flows, tourism, and risk sentiment further affect the exchange rate.

Over the past several years, the HTG/USD rate has experienced significant volatility due to political instability, natural disasters, and economic challenges in Haiti. The gourde has generally depreciated against the dollar, reflecting persistent inflation and structural weaknesses. However, without specific historical data, it is important to note that the rate is influenced by ongoing developments. For a detailed historical perspective, refer to the supplied facts or official sources.