Dollar: opening price today, October 9, in Honduras

he American dollar Quoted at the beginning of today 24.61 lemba on averagewhich represents an insignificant difference compared to the 24.61 lempira on average the previous day.

Taking into account last week, American dollar Accumulates an increase of 0.25%so that it still maintains an increase from a year ago 1.66%.

Compared to previous dates, it adds two consecutive sessions without a positive or negative trend. The volatility indicated last week is clearly lower than that accumulated last year, and presents itself as a value with fewer changes than the general trend indicates recently.

Since 1931, the lempira has been the legal tender in Honduras., uses the abbreviation HNL and is divided into 100 cents; Moreover, its trading is regulated by the central bank.

Before 1930, the official currency was the Honduran peso and was established by the private banking entity Banco Atlantida. It was not until 1932 when Congress finally approved the creation of the currency, which remained in the hands of the central bank (after its establishment in 1950).

At that time the exchange rate was two lempiras to one US dollar, however In 2005, the exchange rate depreciated Up to 18.04 HNL per dollar (22.16 HNL per euro).

As for its name, the Lempira was named in honor of the leader of the Lenca people, an indigenous leader who defended his lands after the Spanish conquest, and also appears on banknotes and some coins. Coins of 5, 10, 20 and 50 cents are currently in circulation, as well as banknotes of 1, 2, 5, 10, 20, 50, 100 and 500 lempiras.

In 2013, the Central Bank of Honduras agreed to print 315 million banknotes that included Braille and special bars for people with visual impairment, in addition to the possibility of creating inorganic banknotes.

In 2018 and 2019, GDP managed to grow by 3.7% and 2.7% respectively, but after that The arrival of the coronavirus pandemic and the impact of Category 4 Hurricanes Eta and IotaHowever, the economy saw a sharp decline of 9%, while incomes and jobs also declined.

In the past two years The Honduran economy has shown signs of improvementwhile there was also a change of government at the beginning of 2022 that led the Economic Commission for Latin America and the Caribbean (ECLAC) to forecast growth of up to 3.3% for 2023.