15/01/2015: Removal of Minimum Exchange Rate
The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.
06/09/2011: Implementation of Minimum Exchange Rate
The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.
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).
13/09/1999: Introduction of Euro
Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.
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.
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.
08/05/1973: Floatation of Swiss Franc
Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.
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.
01/05/1936: Introduction of Swiss National Bank
The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).
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.
24/11/1907: Gold Standard Referendum
Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.
01/01/1874: Introduction of the First Haitian Gourde
The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.
06/06/1850: Currency Act of 1850
The Swiss franc (CHF) was introduced as the official currency of Switzerland.
01/01/1804: Declaration of Independence
After gaining independence from France, Haiti adopts the gourde as its national currency.