Honduras: closing price of the dollar today March 3 from USD to HNL

The American dollar was traded at closing 24.47 lempirasso that it implied a rise of 1.23% with respect to the 24.17 lempiras of the previous day.

Taking into account the last week, the American dollar marks a rise of 0.15%Therefore, in year-on-year terms, there is still an increase in 2.37%. Comparing this data with that of previous dates, it reversed the data of the previous day where it experienced a decrease of 1.88%, showing that it is not capable of establishing a trend in recent dates. As for the volatility of the last days, it is manifestly higher than the figure achieved for the last year (10.85%), so it presents greater changes than the general trend of the value.

In the annual photo, the American dollar it has been exchanged at a maximum of 24.47 lempiras, while its lowest level has been 23.99 lempiras. The American dollar it is positioned closer to its value than to the minimum.

The lempira is the currency of 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 entity Banco Atlántida. It was not until 1932 when Congress finally gave the green light to the creation of the currency, which remained in the hands of the Central Bank (after its foundation in 1950).

At that time the exchange rate was two lempiras for one US dollar, but in 2005 the exchange rate depreciated up to HNL 18.04 per dollar (HNL 22.16 per euro).

The name of the coin has its origin in honor of the chief Lempira of the Lenca people, an indigenous leader who defended his territory after the Spanish invasion, it also appears on bills and a couple of coins.

Currently circulating coins of 5, 10, 20 and 50 cents, as well as bills 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 included the braille system and special bars intended for people with visual disabilities, in addition to the possible creation of inorganic banknotes.

Honduras, also hit by the COVID-19 pandemic, closed 2021 with a inflation rate of 5.32% due to the rise in food prices, a range above that forecast by the national authorities.

On the other hand, the GDP per capita is below the standard of living in relation to other 196 nations, it is also ranked 121 out of 190 in the ranking of doing business for do business.

Regarding the Corruption Perception Index of the public sector in Honduras, it has been 24 points, so the perception of corruption of Hondurans in their country is very high.

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