Honduran Lempira - History

History

The lempira was introduced in 1931, replacing the peso at par. In the late 1980s, the exchange rate was two lempiras to the U.S. dollar (the 20 centavos coin is called a daime as it was worth the same as a U.S. dime). As of July 18th, 2011, the lempira was quoted at 18.875 HNL to 1 USD. U.S. dollars are widely accepted as currency on the Bay Islands, but the mainland mainly deals in Lempiras. Businesses in major tourist centers on the mainland will also generally accept dollars.

Read more about this topic:  Honduran Lempira

Famous quotes containing the word history:

    “In history an additional result is commonly produced by human actions beyond that which they aim at and obtain—that which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.”
    —Georg Wilhelm Friedrich Hegel (1770–1831)

    “It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
    —Francis Bacon (1561–1626)

    “The history of modern art is also the history of the progressive loss of art’s audience. Art has increasingly become the concern of the artist and the bafflement of the public.”
    —Henry Geldzahler (1935–1994)