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50 Lempiras

Issuer Banco Central de Honduras
Year 2016-2019
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Printer Oberthur Fiduciaire (Francois-Charles Oberthur Fiduciaire; FCO; Oberthur Technologies), France (1984-date); Polish Security Printing Works (Polska Wytwórnia Papierów Wartościowych S.A.), Warsaw, Poland (1919-date)
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Obverse lettering REPUBLICA DE HONDURAS 50 BANCO CENTRAL DE HONDURAS JUAN MANUEL GALVEZ D. FUNDADOR DE LA BANCA NACIONAL 28 DE DICIEMBRE DE 2016 MANUEL DE JESÚS BAUTISTA FLORES PRESIDENTE HÉCTOR MÉNDEZ CÁLIX GERENTE WILFREDO CERRATO R. SECRETARIO DE FINANZAS CINCUENTA LEMPIRAS
(Translation: Republic of Honduras 50 Central Bank of Honduras Juan Manuel Galvez D. Founder of the National Bank 28 of December of 2016 Manuel de Jesús Bautista Flores President Héctor Méndez Cálix Manager Wilfredo Cerrato R. Secretary of Finances Fifty Lempiras)
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Protection description Juan Manuel Gálvez Durón portrait and numeral 50; embedded windowed security thread; optically variable ink element on reverse.
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Comments

The dual-printer attribution here is unusual and worth noting. Oberthur Fiduciaire in France and the Polish Security Printing Works in Warsaw both contributed to this series — a split production arrangement that reflects the Banco Central's practice during this period of distributing print contracts across multiple security printers, likely for capacity and redundancy reasons rather than any single political or economic driver.

Pick 104 runs across a four-year window with no major reported design changes between dates, making year-specific attribution largely a matter of serial prefix research.