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10 Lempiras

Issuer Banco Central de Honduras
Year 1970-1975
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Currency Lempira (1931-date)
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Obverse description Orange-brown tint over a multicolour underprint. A portrait vignette of President José Trinidad Cabañas occupies the left portion of the note, with the denomination numeral at centre and the national coat of arms at right. The date is printed vertically, with issuer and value inscriptions arranged across the face.
Obverse lettering REPÚBLICA DE HONDURAS BANCO CENTRAL DE HONDURAS 10 DIEZ LEMPIRAS 22-XII-1972 CABAÑAS PRESIDENTE GERENTE MINISTRO DE HACIENDA American Bank Note Company
(Translation: Republic of Honduras Central Bank of Honduras 10 Ten lempiras 22-XII-1972 Cabañas President Manager Minister of Finance American Bank Note Company)
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Comments

The American Bank Note Company held a near-monopoly on Central American currency production through much of the twentieth century, and Honduras was no exception. This series ran across a five-year window during which the lempira maintained a fixed peg of 2:1 against the US dollar — a rate that had held since 1926 and would continue unbroken until 1990, one of the longest currency pegs in Latin American history.

Pick 57 notes from the early part of the 1970–1975 run are noticeably scarcer than later dates, reflecting lower print volumes before the regional economic disruptions of the mid-decade pushed circulation figures upward.