11/02/2020: Currency Devaluation
The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.
13/10/2016: Central Bank Relocation
The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.
16/09/2015: Houthi Takeover and Currency Instability
Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.
27/09/2009: Government Decision
The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.
22/12/2003: Redenomination of the Haitian Currency
To simplify transactions, the Haitian government removes three zeros from the gourde and renames it as the Haitian dollar (HTD), later reverting to the gourde (HTG).
04/05/1994: Civil War and Currency Devaluation
During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.
30/09/1991: Overthrow of President Jean-Bertrand Aristide
Political instability and economic crisis lead to President Aristide's ousting, causing further depreciation of the gourde.
22/05/1990: Yemeni Unification
The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).
01/05/1989: Introduction of the Third Haitian Gourde
A third gourde is introduced to replace the second gourde at a ratio of 1:5, with hopes of stabilizing the economy.
01/02/1967: Introduction of the Second Haitian Gourde
To combat inflation, Haiti replaces the first gourde with a new currency, the second gourde, at a ratio of 1:100.
26/08/1948: Currency Introduction
The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.
01/07/1912: Establishment of the Banque Nationale de la République d'Haïti
The Banque Nationale de la République d'Haïti is founded as the central bank responsible for managing the gourde.
01/01/1874: Introduction of the First Haitian Gourde
The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.
01/01/1804: Declaration of Independence
After gaining independence from France, Haiti adopts the gourde as its national currency.