Dollar: closing price today, March 15 in Honduras

This was the behavior of the US currency during the last minutes of the day

In the last session, the US dollar was paid at the close at 24.30 lempiras, which was 0.08% compared to 24.28 lempiras the previous day.

Compared to last week's profitability, the US dollar accumulated a decline of 0.61%; although in the last year it still maintained an increase of 1.84%. In relation to past dates,, without being able to set a clear trend recently. The volatility figure is clearly lower than the data achieved for the last year (10.92%), so it is performing more stable than the general trend in recent years.

In the annual photo, the US dollar has even changed at a high of 24.47 lempiras, while its lowest level has been 23.99 lempiras. The US dollar is closer to its maximum than 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, production 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 in 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 has its origin 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 also had the braille system and special bars intended for the visually impaired, in addition to the possible creation of inorganic banknotes.

Honduras, also hit by the coronavirus pandemic, closed 2021 with an inflation rate of 5.32% due to rising food prices, a range above what was expected by national authorities.

On

the 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 perception of corruption among Hondurans in their country is very high.

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