DEFINITION of 'HNL'

The currency abbreviation or currency symbol for the Honduran Lempira (HNL), the currency for Honduras. The Lempira is made up of 100 centavos and is often presented with the symbol L. The Lempira is named after the 16th-century ruler of Honduras who tried to throw off the yoke of Spanish rule.

BREAKING DOWN 'HNL'

The Lempira was first seen in 1931, where it superseded the peso. It was valued at 2-to-1 against the dollar in the 1980s but has dropped to about 5 to 1 since then. The current coin denominations are 5, 10, 20 and 50 centavos, and L1, L2, L5, L10, L20, L50, L100 and L500.

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