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10 Gourdes
| Issuer | Banque de la République d'Haïti |
|---|---|
| Year | 1991-1999 |
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| Currency | Third gourde (1872-date) |
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| Obverse description | The central vignette presents Catherine Flon Arcahaie seated at a table in the act of sewing the first Haitian flag, rendered against a fine multicolour guilloche underprint. The bank title 'BANQUE DE LA REPUBLIQUE D'HAITI' arches across the upper register in bold intaglio lettering, with 'DIX GOURDES' appearing in a corresponding panel below the vignette. The numeral '10' is repeated in the design field at both left and right to reinforce the denomination. |
|---|---|
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| Protection description | Palm tree watermark visible when held to light. |
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| Comments |
The Banque de la République d'Haïti's relationship with Giesecke & Devrient stretches back decades, and this series was produced during one of the most turbulent periods in Haitian monetary history. The 1991 coup that ousted Jean-Bertrand Aristide triggered an OAS and later UN trade embargo that severely restricted the government's access to foreign exchange, collapsing the gourde against the U.S. dollar and driving inflation sharply upward through the mid-1990s.
Notes from the embargo years show heavier circulation wear as a consequence of currency hoarding and the informal dollarization that pushed lower denominations into constant daily use while larger bills sat under mattresses.