Catalog
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| Issuer | Red COMAL (Comercialización Alternativa) |
|---|---|
| Year | |
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| Value | 100 Udis |
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| Obverse description | Green and teal multicolour voucher with a central vignette of a large ceiba tree set against a world map underprint. A row of four globe illustrations runs along the lower margin, while multilingual usage restrictions are printed vertically along the right border. The denomination '100' appears in large numerals at upper right with a dark overprint block partially obscuring the value, below which 'UDIS' and 'Cien UDIS' are inscribed; a manuscript signature of the Director Ejecutivo of Red COMAL appears at lower left above a serial number in the bottom left corner. |
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| Obverse lettering | 100 UDIS Cien UDIS Director Ejecutivo Red COMAL SOLO SE PUEDE GASTAR CON MIEMBROS SPENDABLE WITH MEMBERS ONLY NUR BEI MITGLIEDERN EINLÖSBAR À UTILISER UNIQUEMENT AVEC DES MEMBRES APENAS PODE SER GASTO COM MEMBROS (Translation: 100 UDIS (Solidarity Exchange Unit) UDIS = Unidad de Intercambio Solidario) |
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| Comments |
COMAL — the Coordinadora de Comercialización Alternativa — is a Honduran fair-trade network of campesino cooperatives that began issuing its own complementary currency, the Udi, as a mechanism for internal exchange among member communities. The Udi allowed goods and labor to circulate within the network without dependence on the lempira, partially insulating smallholder farmers from liquidity shortages and predatory credit arrangements that characterize rural Honduras.
Complementary currencies of this type are rarely cataloged seriously. This one was actually used.