Economy & Trade

Markets, resources, industry.

Home / Economy & Trade

Haiti: Currency & Financial System

Haiti’s currency, the gourde, was introduced in 1813, replacing the livre at a rate of eight livres and five sous to one gourde. The currency was revalued several times over the following decades, including a ten-to-one conversion in 1870 and a three-hundred-to-one conversion in 1872, before being linked to the French franc in 1881. In […]

Guatemala: Currency & Financial System

Guatemala’s national currency, the quetzal, takes its name from the country’s brilliantly plumed national bird and has circulated since 1925, when the government of President Jose Maria Orellana replaced the Guatemalan peso at a rate of sixty to one. The Bank of Guatemala, the country’s central bank, assumed full authority over paper currency issuance in […]

Guyana: Currency & Financial System

Guyana’s currency has passed through several regional transitions. As British Guiana, the colony adopted the Spanish dollar as its unit of account in 1839, replacing the Dutch guilder inherited from earlier Dutch rule, and later circulated British West Indies dollar notes beginning in 1951. The East Caribbean dollar succeeded the British West Indies dollar in […]

Grenada: Currency & Financial System

Grenada’s official currency is the Eastern Caribbean dollar (XCD), which it shares with seven other members of the Organisation of Eastern Caribbean States. Grenada joined the regional currency arrangement in 1968 as a member of the Eastern Caribbean Currency Authority and later became a signatory to the Eastern Caribbean Central Bank Agreement in 1983. The […]

El Salvador: Currency & Financial System

El Salvador adopted the United States dollar as its official currency in January 2001, when the Legislative Assembly passed the Monetary Integration Act under President Francisco Flores. The law allowed the dollar to circulate alongside the existing currency, the colón, though the colón was effectively withdrawn from circulation within months, leaving the dollar as the […]

EN ES ES PT