Catalog
20 Lempiras
| Issuer | Banco Central de Honduras |
|---|---|
| Year | 2004 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANCO CENTRAL DE HONDURAS VEINTE LEMPIRAS 20 |
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| Protection type | Watermark, Security thread |
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| Comments |
Giesecke & Devrient had supplied Honduran banknotes for decades by the time this 2004 issue was printed, and the relationship shows in the execution — the security thread placement and watermark registration on this series are notably consistent across the print run, unlike some earlier Honduran issues where misalignment was common enough to generate collector attention.
Pick 92 belongs to a transitional period in Honduran monetary policy, as the Banco Central was simultaneously managing persistent lempira depreciation against the dollar and pushing toward more durable, secure substrate options that would eventually displace cotton paper in later series.