HTG to BSD

HTG - Haitian Gourde (G)
BSD - Bahamian Dollar ($)
1 HTG1 BSD

Currency conversion rates from HTG to BSD

HTGBSD
1 HTG1 BSD
5 HTG5 BSD
10 HTG10 BSD
20 HTG20 BSD
50 HTG50 BSD
100 HTG100 BSD
250 HTG250 BSD
500 HTG500 BSD
1000 HTG1000 BSD
2000 HTG2000 BSD
5000 HTG5000 BSD
10000 HTG10000 BSD
BSDHTG
1 BSD1 HTG
5 BSD5 HTG
10 BSD10 HTG
20 BSD20 HTG
50 BSD50 HTG
100 BSD100 HTG
250 BSD250 HTG
500 BSD500 HTG
1000 BSD1000 HTG
2000 BSD2000 HTG
5000 BSD5000 HTG
10000 BSD10000 HTG

BSD - Bahamian Dollar (BSD)

Bahamian Dollar

The official currency for the Bahamas is the Bahamian Dollar. The $ symbol is used for the Bahamian Dollar; the symbol B$ is used to distinguish it from other Dollar currencies. The Dollar is divided into 100 cents and is pegged to the US Dollar at par.

The Bahamian Dollar is the currency in Bahamas (BS, BHS). The symbol for BSD can be written B$. The Bahamian Dollar is divided into 100 cents. The exchange rate for the Bahamian Dollar was last updated on May 24, 2019 from Yahoo Finance. The BSD conversion factor has 2 significant digits.

Economy

  • The Bahamas economy is dependent on the tourism and offshore banking industries.
  • The economy in the Bahamas is steady and stable.
  • Constructions for hotels and resorts is booming, due to the large influx of tourists.
  • The service industry contributes 90% of the total GDP. Agriculture and other industries account for the remainder.
  • Top industries in the Bahamas are oil, rum, pharmaceuticals, banking, salt, aragonite, and tourism.
  • Unemployment is estimated at 8%.
  • Export products are vegetables, fruit, salt, animal products, mineral products, and rum.
  • Import products are food, machinery, chemicals, and live animals.
  • Agriculture is a small portion of the economy and the country is trying to obtain investors to develop agriculture in the Bahamas.
  • Government spending is rated low and equals +/- 23% of the GDP.

History

  • In 1966, the Bahamian Dollar replaced the British Pound Sterling and coins were introduced.
  • In 1968, the Bahamas monetary authority started issuing paper money.
  • In 1974, the Central Bank of the Bahamas became the official supplier of Bahamian banknotes.
  • In 2005, the new version of the $10 banknote was introduced.
  • Shortly after the release of the $10 banknote, one of the serial numbers was counterfeited. A warning was sent to all bank authorities in the Bahamas to be aware of the counterfeit when accepting $10 bills.
  • Businesses in the Bahamas accept both the Bahamian Dollar and the US Dollar.

More information about BSD - Bahamian Dollar (BSD)


HTG - Haitian Gourde (HTG)

Haitian Gourde

The Haitian Gourde is the official currency of Haiti, a French-speaking Caribbean country. It occupies the western, smaller portion of the island of Hispaniola, in the Greater Antillean archipelago, which it shares with the Dominican Republic. The governments of Haiti issued paper money in denominations of 1, 2, 5, 10, 20, 25, 50, 100 and 500 Haitian Gourde.

The Haitian Gourde is the currency in Haiti (HT, HTI). The symbol for HTG can be written G. The Haitian Gourde is divided into 100 centimes. The exchange rate for the Haitian Gourde was last updated on May 24, 2019 from Yahoo Finance. The HTG conversion factor has 4 significant digits.

Economy

  • Two-thirds of Haitians depend on the agricultural sector. Many engage in small-scale subsistence farming, and are vulnerable to losing their crops due to frequent natural disasters, exacerbated by the country's widespread deforestation.
  • Haiti is recovering from a massive earthquake in January 2010. Its purchasing power parity GDP fell 8% in 2010 (from $ 12.15 billion to $ 11.18 billion).
  • Comparisons of social and economic indicators show Haiti falling behind other low-income developing countries (particularly in the Western hemisphere). A 2011 estimate shows Haiti is in last place in the Americas, and 158th place out of 182 countries, in the United Nations Human Development Index (HDI), which ranks countries based on three human development categories (life expectancy at birth, years of schooling, income per capita).
  • The Haitian government relies on formal international economic assistance for fiscal sustainability. Over half of its annual budget comes from outside sources.
  • In 2005, Haiti's total external debt reached an estimated U.S. $ 1.3 billion, which corresponds to a U.S. debt per capita $169.
  • In September 2009, Haiti met the conditions set by the IMF and World Bank's Heavily Indebted Poor Countries (HIPC) Initiative, a program for poor countries to qualify for cancellation of foreign debt, and was forgiven $1 billion in debt.

History

  • The Haitian Gourde was first introduced in 1813 and replaced the Pound at a rate of 1 Gourde = 8 Pounds, 5 sous. The first issues of coins were silver pieces of 6 cents, 12 and 25.
  • In 1827, 50 and 100 cent coins were introduced, followed by 1 and 2 cent coins in 1828, 6 ¼ cent coins in 1846, and 6 cent coins in 1850.
  • In 1863, bronze coins, produced by the Heaton Mint in Birmingham, were issued, in denominations of 5, 10 and 20 cents.
  • In 1870 the Gourde was revalued at a rate of ten to one. Only banknotes were issued for this second Gourde, with the government issuing notes of 10 and 25 Haitian Gourde.
  • In 1872, the Haitian Gourde was revalued again, this time at a rate of 300 to 1. In the early years of the third Gourde, tickets were only issued and the name Piastre was sometimes used instead of Gourde, especially in an issue of notes dated 1875.
  • In 1881, the gourde was fixed to the French Franc at 5 Francs = 1 Gourde, and coins were produced again.
  • In 1979, the Bank of the Republic of Haiti replaced the National Bank as the paper money issuing body. 1,000 gourde notes were introduced in 2004.

More information about HTG - Haitian Gourde (HTG)