HNL (Honduran Lempira) Definition.

The Honduran lempira is the official currency of Honduras. It is subdivided into 100 centavos and is symbolized by HNL. The lempira was introduced in 1931, replacing the peso at a rate of 1 lempira = 100 pesos. The lempira is named after Lempira, a 16th-century indigenous leader who fought against the Spanish conquest.

What Honduras known for?

Honduras is a country located in Central America. The country is bordered by Guatemala, El Salvador, and Nicaragua. Honduras is known for its mountainous terrain, tropical climate, and for being a major producer of coffee and bananas. The country's capital and largest city is Tegucigalpa. How much is a Lempira to a dollar? As of September 2020, one Lempira is worth about $0.04 US dollars. What does Cipota mean in Honduras? Cipota is a technical indicator used by forex traders to help identify potential reversals in the market. The indicator is based on the premise that prices tend to retrace a portion of their previous move before continuing in the original direction. The cipota is calculated by taking the difference between the highest high and the lowest low over a specified period of time, typically 14 days. A reading above 70 is considered bullish, while a reading below 30 is considered bearish. How much money does Honduras have? According to the latest data from the International Monetary Fund, Honduras has a total of $7,382,000,000 in foreign exchange reserves.

Is Honduras a poor country? Yes, Honduras is considered a poor country. According to the World Bank, nearly 60% of the population lives in poverty. That said, Honduras has made progress in reducing poverty in recent years, thanks in part to economic growth and government programs aimed at poverty reduction.