Catalog
1 Lempira
| Issuer | Banco Central de Honduras |
|---|---|
| Year | 1997 |
| Type | Log in to see details |
| Value | 1 Lempira |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DE HONDURAS, C.A. BANCO CENTRAL DE HONDURAS 18 DE SEPTIEMBRE DE 1997 UN LEMPIRA LEMPIRA PRESIDENTE GEREMTE SECRETARIO DE FINANZAS |
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| Protection type | Watermark |
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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.