10 Gourdes

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.