On the last day, the US dollar was paid at the close at 24.30 lempiras, representing 0.01% compared to 24.30 lempiras the previous day.
Compared to last week, the US dollar marked a decline of 0.57%; on the contrary, for a year now it has still maintained a rise of 1.8%. Compared to previous days, it reversed the value of the previous day, in which it obtained a rise of 0.64%, without achieving a definite trend in recent dates. In the last week, volatility showed a clearly lower balance than the volatility reflected in last year's figures, showing itself as a value with fewer changes than expected in recent days.
In the annual photo, the US dollar has reached a maximum of 24.47 lempiras, while its lowest level has been 23.99 lempiras. The US dollar is positioned closer to its maximum than to its low.
Honduran Lempira
The lempira has been the currency in legal use in Honduras since 1931, whose abbreviation is HNL and is divided into 100 cents; in addition, its issuance is regulated by the Central Bank.
Before 1930, the official currency was the Honduran peso and it had been founded by the private banking institution in Banco Atlántida. It was until 1932 that Congress finally gave the green light to the creation of the currency, which remained in the hands of the Central Bank (after its founding in 1950).
At that time the exchange rate was two lempiras for one US dollar, but in 2005 the exchange rate depreciated to HNL 18.04 per dollar (22.16 HNL per euro).
The name of the coin comes in honor of the Lenca chieftain Lempira, an indigenous leader who defended his territory after the Spanish invasion, it also appears on banknotes and a couple of coins.
Currently, coins of 5, 10, 20 and 50 cents are circulating, as well as notes of 1, 2, 5, 10, 20, 50, 100 and 500 lempiras.
In 2013, the Central Bank of Honduras approved the creation of 315 million banknotes that included the braille system and special bars for the visually impaired, in addition to the possible creation of inorganic banknotes.
Honduras, also hit by the COVID-19 pandemic, closed 2021 with an inflation rate of 5.32% due to rising food prices, a range above what was expected by national authorities.
Onthe other hand, GDP per capita is below the standard of living in relation to 196 other nations, and it ranks 121st out of 190 in the ranking of Doing Business for Doing Business.
As for the Public Sector Corruption Perception Index in Honduras, it has been 24 points, so the appreciation of corruption among Hondurans in their country is very high.
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Agencies