1 Dollar Blue

British Honduras operated under a currency arrangement tied to the Mexican dollar for much of the nineteenth century, a relationship formally severed by the British Honduras Currency Ordinance of 1894, which pegged the local dollar to sterling at four to the pound. This series, issued under government authority rather than through a chartered bank, reflects that direct colonial Treasury control — an arrangement that persisted well into the twentieth century precisely because no locally incorporated bank held a note-issuing monopoly.

De La Rue's production records confirm the "Blue" designation distinguishes this issue from earlier and later printings in the same denomination that used different colorways. Surviving examples frequently show tropical humidity damage along the folds — a known condition problem for Central American colonial issues of this period.