He euro quoted at closing 26.49 lempiras on averagewhich represented a change of 0.08% compared to the figure of the previous day, when it marked 26.47 lempiras.
Taking into account the last week, the euro notes a decrease in 1.26%%; On the contrary, in the last year there is still an increase in 1.25%.
In relation to the variations of this day with respect to previous days, the tables turned with respect to the previous day, where a decrease of 0.65% was noted, showing in recent dates a lack of continuity in the results. The volatility figure is clearly lower than the numbers achieved for the last year (15.95%), which shows that we can say that it is going through a period of greater stability recently.
The lempira has been the legal currency in Honduras since 1931., uses the abbreviation HNL and is divided into 100 cents; Furthermore, 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 entity Banco Atlántida. It was in 1932 when Congress finally approved 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 to one US dollar, but In 2005 the exchange rate depreciated up to 18.04 HNL per dollar (22.16 HNL per euro).
As for its name, the lempira is named in honor of the Lempira chief of the Lenca people, an indigenous leader who defended his territory after the Spanish invasion. It also appears on banknotes and a couple of coins. Coins of 5, 10, 20 and 50 cents are currently in circulation, as well as bills of 1, 2, 5, 10, 20, 50, 100 and 500 lempiras.
In 2013, the Central Bank of Honduras approved the printing of 315 million banknotes that had the Braille system and special bars for people with visual disabilities, in addition to the possible creation of inorganic banknotes.
In 2018 and 2019, the Gross Domestic Product (GDP) managed to grow 3.7% and 2.7% respectively, but after the arrival of the coronavirus pandemic and the impact of category four hurricanes Eta and Iotathe economy took a sharp 9% drop, while incomes and jobs also fell.
