Difference Between Haiti And American Gourde

Haiti is a very unique in that the country accepts 3 types of currency for exchange of goods. The official currency for the country is the Haitian Gourde which includes paper bills as well as coins. Both the bills and coins contain historical figures that were pivotal to Haiti’s history and culture. As with most currency exchange rates, the rate between the US dollar and the Haitian Gourde changes based on the current market conditions. As of today March 10th, 2018, the exchange rate between the US dollar and the Haitian Gourde is 1 USD to 64.33 HTG. The second currency that is accepted in Haiti is the United States dollar. According to the haitihub.com “The vast majority of businesses and individuals selling something in Haiti will accept U.S. Dollars. Gourdes may be preferred in places like outdoor markets but U.S. Dollars will most likely not be turned down.” The U.S. dollar is much more stable than the Haitian Gourde which is why many countries around the world incorporate the U.S. dollar into their monetary environment. Even though the Haitian Gourde is the formal currency in Haiti, the mighty U.S. dollar still has a significant presence
As mentioned earlier, many Haitians practice Catholicism and the Voo doo religion and are very devoted to both. Family structure consists mostly of extended relatives and gender roles amongst family members are very traditional. “In urban areas, the father, if present in the homes, is head of the household and responsible for earning an income. Mothers are responsible for cooking, cleaning, and teaching their children religion and morality” (bricefoundation). Rural women are sometimes considered to be stifled in comparison to their male counterparts. Urban women enjoy a higher degree of regard and can be equated to the status of women in more advanced countries. Therefore, businesses should be aware of these cultural norms when conducting