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Honduran lempira

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Honduran lempira
lempira hondureño (Spanish)
200 lempira banknote
ISO 4217
CodeHNL (numeric: 340)
Subunit0.01
Unit
SymbolL
Denominations
BanknotesL1, L2, L5, L10, L20, L50, L100, L200, L500
Coins5, 10, 20, 50 centavos
Demographics
Date of introduction1931
ReplacedHonduran peso
User(s) Honduras
Issuance
Central bankCentral Bank of Honduras
 Websitewww.bch.hn
PrinterPolish Security Printing Works [pl][1]
 WebsitePolska Wytwórnia Papierów Wartościowych
Valuation
Inflation7.7%
 SourceCentral Bank of Honduras, June 2011.

The lempira (/lɛmˈpɪrə/, sign: L, ISO 4217 code: HNL;Spanish pronunciation: [lemˈpiɾa]) is the currency of Honduras. It is subdivided into 100 centavos.[2]

Etymology

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The lempira was named after the 16th-century cacique Lempira, a ruler of the indigenous Lenca people, who is renowned in Honduran folklore for leading the local native resistance against the Spanish conquistador forces. He is a national hero and is honored on both the 1 lempira note and the 20 and 50 centavos coins.

History

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The lempira was introduced in 1931, replacing the peso at par. In the late 1980s, the exchange rate was two lempiras to the United States dollar (the 20-centavos coin is called a daime as it was worth the same as a U.S. dime). As of April 4, 2022, the lempira was quoted at 24.40 HNL to US$1.[3]

Coins

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5 centavos coin minted in 1989

In 1931, coins were introduced in denominations of 5, 20 & 50 centavos, and 1 lempira. One, 2 and 10 centavos coins were added in 1935, 1939 and 1932, respectively. The silver 1 lempira coins ceased production in 1937, with the other silver coins (20 & 50 centavos) replaced by cupro-nickel in 1967. The 1 and 2 centavos coins were last minted in 1998 and 1974, respectively.

Coins of the following denominations are currently legal tender.[4] However as of 2024 coins are only very rarely used for payments. In practice only banknotes are used.

  • 1 centavo
  • 2 centavos
  • 5 centavos
  • 10 centavos
  • 20 centavos
  • 50 centavos

Banknotes

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The Bank of Honduras and the Banco Atlantida issued the first lempira banknotes in 1932. They were in denominations of 1, 2, 5, 10 and 20 lempiras. The Central Bank of Honduras took over production of paper money in 1950, introducing 50 and 100 lempiras notes in 1950, followed by the 500-lempiras note in 1995.

In January, 2010, a new 20-lempira note was introduced to market made by a polymer base, 60 million notes were issued.[5]

In celebration of the Bicentennial anniversary of Honduras's independence, a new 200 lempira bill was issued.[6] It features 2 scarlet macaws, the national bird of Honduras.[7]

Banknotes in circulation are[8][9]

Image New Value Color Dimensions Obverse Reverse
L1 Red 156 × 67 mm Lempira Copán
L2 Purple Marco Aurelio Soto Amapala
L5 Gray Francisco Morazán Battle of La Trinidad
L10 Brown José Trinidad Cabañas Universidad Nacional Autónoma de Honduras
L20 Green Dionisio de Herrera Presidential palace
L50 Blue Juan Manuel Gálvez Central Bank of Honduras
L100 Orange José Cecilio del Valle Casa Valle
L200 Turquoise 2 Scarlet Macaws Banco Central de Honduras
L500 Violet Ramón Rosa San Juancito

Exchange rates

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Current HNL exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD EUR
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD EUR
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD EUR
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD EUR

See also

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References

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  1. ^ "30 million banknotes for Honduras".
  2. ^ "Currencies Of The World". WorldAtlas. 2021-05-14. Retrieved 2022-02-03.
  3. ^ Unidas, Radio HRN-Del Grupo Emisoras. "La devaluación del lempira no solo perfora las finanzas, analistas explican las repercusiones". Radio HRN - Del Grupo Emisoras Unidas (in Spanish). Retrieved 2022-02-05.
  4. ^ "Banco Central de Honduras, Gobierno de la Republica de Honduras". Retrieved 24 April 2024.
  5. ^ "Archived copy". Archived from the original on 2011-06-06. Retrieved 2010-04-26.{{cite web}}: CS1 maint: archived copy as title (link)
  6. ^ https://presidencia.gob.hn/press/blog-node/bch-lanza-innovadora-aplicaci%C3%B3n-tecnol%C3%B3gica-para-el-nuevo-billete-de-200-lempiras#:~:text=El%20presidente%20del%20BCH%20destac%C3%B3,Bicentenario%20de%20Independencia%22%2C%20explic%C3%B3 Archived 2021-10-20 at the Wayback Machine.
  7. ^ seguir, Redacción Autor marcado para. "Billete de 200 lempiras viene a facilitar las transacciones en el comercio". www.laprensa.hn (in Spanish). Retrieved 2021-10-19.
  8. ^ Bonilla, Francisco Javier Morazán Matute, Henri López, Mario. "Banco Central de Honduras, Gobierno de la Republica de Honduras". Bch.hn. Archived from the original on 10 June 2020. Retrieved 4 October 2017.{{cite web}}: CS1 maint: multiple names: authors list (link)
  9. ^ "Del trueque a la moneda: hitos de la evolución monetaria en Honduras". Diario El Heraldo (in Spanish). Retrieved 2022-02-03.
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