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World Money Series - Honduras Traditional Geocache

This cache has been archived.

Wis Kid: No response from owner. If you wish to repair/replace the cache sometime in the future, just contact us (by email), and assuming it meets the current guidelines, we'll be happy to unarchive it.

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Hidden : 1/16/2015
Difficulty:
2 out of 5
Terrain:
2.5 out of 5

Size: Size:   small (small)

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Geocache Description:

I've saved the foreign currency that I still had after returning home from vacations over the years. I thought it would make a interesting cache theme.

While I do not have banknotes/coins from all the countries I visited, I will create caches for those I do. Please leave the foreign currency in the cache for all to enjoy (feel free to add more if you have some to share). I am also including 'fake' money and other swag to trade.



Honduran Lempira:

The lempira was named after the 16th-century cacique Lempira, a ruler of the indigenous Lenca people, who is renowned in Honduran folklore for leading the (ultimately unsuccessful) local native resistance against the Spanish conquistador forces. He is a national hero, and is honored on both the 1 lempira note and the 20 and 50 centavos coins.

History

The lempira was introduced in 1931, replacing the peso at par. In the late 1980s, the exchange rate was two lempiras to the U.S. dollar (the 20 centavos coin is called a daime as it was worth the same as a U.S. dime). As of May 19, 2014, the lempira was quoted at 20.58 HNL to 1 USD.

Banknotes

The Bank of Honduras and the Banco Atlantida issued the first lempira banknotes in 1932. They were in denominations of 1, 2, 5, 10 and 20 lempiras. The Central Bank of Honduras took over production of paper money in 1950, introducing 50 lempiras notes in 1951. In 1975, 100 lempiras notes were added, followed by 500 lempiras in 1995. In January, 2010, a new 20 Lempira note was introduced to market made by a polymer base, 60 million notes were issued.

Coins

In 1931, coins were introduced in denominations of 5, 20 & 50 centavos & 1 lempira. 1, 2 & 10 centavos coins were added in 1935, 1939 & 1932 respectively. The silver 1 lempira coins ceased production in 1937, with the other silver coins (20 & 50 centavos) replaced by cupro-nickel in 1967. Coins currently in circulation are [1] • 5 centavos • 10 centavos • 20 centavos • 50 centavos






The appropriate permit has been obtained from the Dane County Parks Department. A copy of which is in the cache container. Please do not remove.



Congratulations to Kungfuhippie for the FTF!



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