December 8, 2023

Brighton Journal

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Honduras: Dollar opening rate today October 26 from USD to HNL

Honduras: Dollar opening rate today October 26 from USD to HNL
USD/HNL is used to compare the dollar rate against the Honduran Lempira. (Infobae)

He US dollar Paid initially An average of 24.64 lemursThis represents a change of 0.53% compared to the previous day’s average of 24.51 lemurs.

As for the last seven days, US dollar records an increase 0.02%That is why it is still maintaining an increase for a year 0.45%.

Comparing this data to the previous days, it showed a decline of 1.51% over the previous day’s data, ultimately showing a lack of continuity in results. Volatility clearly underperforms the volatility shown in last year’s figures, which shows that its price has been less volatile than expected in recent times.

The lempira has been legal tender in Honduras since 1931., uses the abbreviation HNL and is divided into 100 cents; Also, production is controlled by the central bank.

Before 1930, the official currency was the Honduran peso and it was established by the private banking institution Banco Atlantida. It wasn’t until 1932 that Congress finally gave the green light to coinage, which remained in the hands of the Fed (after its establishment in 1950).

The exchange rate at the time was two lempiras to one US dollar, but The exchange rate fell in 2005 Up to 18.04 HNL per dollar (22.16 HNL per euro).

The coin is named after the Lembira chief of the Lenka people, a tribal leader who defended his territory after the Spanish invasion, and appears on banknotes and a pair of coins. Coins of 5, 10, 20 and 50 cents and 1, 2, 5, 10, 20, 50, 100 and 500 lempira are currently in circulation.

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In 2013, the Central Bank of Honduras approved the production of 315 million rupiah banknotes with Braille system and special bars for the visually impaired, in addition to mineral banknotes.

In 2018 and 2019, the Gross Domestic Product (GDP) managed to grow by 3.7% and 2.7% respectively, but after that The advent of the coronavirus pandemic and the impact of Category IV typhoons Eta and IotaThe economy took a sharp 9% drop, while incomes and jobs also fell.

In the last two years The Honduran economy showed signs of improvementThere was also a change of government in early 2022, which caused the Economic Commission for Latin America and the Caribbean (ECLAC) to project growth of up to 3.3% for 2023.