Dollar: opening price today, march 21 in Honduras

After the opening of the session, the US dollar traded at the open at 24.31 lempiras on average, which amounted to 0.01% compared to the previous day's figure, when it closed with 24.31 lempiras on average.

If we consider the data for the last seven days, the US dollar marks a rise of 0.45%, so that for a year it has still accumulated a rise of 2.09%. Compared to previous days, he chains two successive sessions of positive numbers. In the last week, volatility is visibly lower than the data achieved for the last year (10.8%), presenting itself as a value with fewer changes than normal in recent dates.

In the annual photo, the US dollar has even changed by a high of 24.47 lempiras on average, while its lowest level has been 23.99 lempiras on average. The US dollar is placed closer to its value than to the minimum.

Honduran Lempira

The lempira has been the currency in legal use in Honduras since 1931, whose abbreviation is HNL and is divided into 100 cents; in addition, 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 institution in Banco Atlántida. It was until 1932 that Congress finally gave the green light to 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 for one US dollar, but in 2005 the exchange rate depreciated to HNL 18.04 per dollar (22.16 HNL per euro).

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

Currently, coins of 5, 10, 20 and 50 cents are circulating, as well as notes 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 also had the braille system and special bars intended for the visually impaired, in addition to the possible creation of inorganic banknotes.

Honduras, also hit by the coronavirus pandemic, closed 2021 with an inflation rate of 5.32% due to rising food prices, a range above what was expected by national authorities.

the other hand, GDP per capita is below the standard of living in relation to 196 other countries, and it ranks 121st out of 190 in the ranking of Doing Business for Doing Business.

As for the Public Sector Corruption Perception Index in Honduras, it has been 24 points, so the appreciation of corruption among Hondurans in their country is very high.

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