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Need to know waht is the local currency in Honduras? The local money in Honduras is called Lempira.

The Honduran Lempira is issued and managed by the Central Bank of Honduras. To find out the current currency exchange rates for Lempira to other major currencies of the world, click on foreign currency rates.

Honduran Currency Information
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The currency used in Honduras is called as the Lempira. This currency is denoted with the currency sign L and the ISO 4217 Code for the Honduran Lempira is HNL. The Lempira, is the official currency of the Honduras . It is divided into 100 smaller units called centavo.

The constitution of Honduras provides that the Honduras government shall have the power to print the Honduran Lempira and centavo coins to be used as a legal tender in Honduras. The Honduran Lempira bank notes and Centavo coins are both designated as "legal tender" in payment of debts.

The Honduran Lempira bill uses the decimal system, consisting of 100 equal units.

The symbol L, usually written before the numerical amount, is used for the Honduran Lempira.

Currently printed bank notes denominations are L1, L2, L5, L10, L20, L50, L100, L500 and the coins are minted in the denominations of 10, 20, 50 centavos .

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How Does Balance of Trade and Investment Affect the Value of the Honduran Lempira
Financial analysts regularly cite the balance of trade and investment in Honduras as the most important influence on the value of the Lempira. The difference between what the Honduras exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Lempira exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Lempira exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Honduran Lempira.

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