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1 Lempira

Issuer Banco Central de Honduras
Year 1997
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Size 156 x 67 mm
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Obverse description The obverse is printed in red and pink tones on a fine guilloche underprint. At left, the national coat of arms of Honduras is rendered in an oval vignette with the inscription REPUBLICA DE HONDURAS around the shield. To the right, a three-quarter portrait of Lempira, the Lenca chieftain, faces right, wearing a traditional beaded headband. The upper margin bears the legends REPUBLICA DE HONDURAS, C.A. and BANCO CENTRAL DE HONDURAS, with the date 18 DE SEPTIEMBRE DE 1997 and the denomination UN LEMPIRA centered below.
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Reverse lettering BANCO CENTRAL DE HONDURAS
RUINAS DE COPAN
JUEGO DE PELOTA Y ESCALINATA
UN LEMPIRA
1
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Comments

The Canadian Bank Note Company held the Honduras printing contract for decades, and this 1 Lempira is firmly within that long run — reliable, uncontroversial production from Ottawa. By 1997, the lempira had been through serious pressure: Honduras faced chronic fiscal deficits and the effects of a structural adjustment program pushed by the IMF through the early 1990s, which drove inflation and eroded confidence in small-denomination notes. A 1 Lempira by this point bought very little.

The watermark is the sole security feature — modest even by the standards of the period.

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