December 2, 2023

Brighton Journal

Complete News World

Honduras: Opening price of the dollar today October 25 from USD to HNL

Honduras: Opening price of the dollar today October 25 from USD to HNL
USD/HNL is used to compare the dollar rate against the Honduran Lempira. (Infobae)

After the stock market opens US dollar Paid at the beginning of the sessions An average of 24.64 lemursWhen the average was 24.53 lemurs, representing a change of 0.45% compared to the previous day’s count.

Considering last week’s data, the US dollar Accumulates increase 0.33% It still maintains an increase for a year 0.41%.

For previous days, it joins two consecutive dates in positive values. The volatility figure is 18.13%, which is obviously lower than the annual volatility figure (60981.4%), so it can be said that it is going through a period of high stability recently.

The lempira has been legal tender in Honduras since 1931., uses the abbreviation HNL and is divided into 100 cents; Also, its issuance is regulated 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 approved the coinage, which remained in the hands of the Federal Reserve (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 derives its name from the Lembira chief of the Lenka people, a tribal leader who defended his territory after the Spanish invasion. 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 printing of 315 million rupiah notes with Braille system and special bars for the visually impaired, in addition to the creation of mineral notes.

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.