San Francisco, Lempira San Francisco, Lempira San Francisco is a municipality in the Honduran department of Lempira. It is one of the furthest municipalities of the Lempira department in Honduras. The lands for this municipality were given away by the King of Spain, on 30 October 1692, composed of 2 titles, "Santa Maria Magdalena" and "San Lucas". In the census of 1791 it appears as part of "Curato de Cerquin". It was founded back in 1837 for the initiative of Captain Jeronimo Acosta. The church was built in 1856, a historical relic left by the Spanish colonist. But as it can be seen
European Monetary System European Monetary System European Monetary System (EMS) was an arrangement established in 1979 under the Jenkins European Commission where most nations of the European Economic Community (EEC) linked their currencies to prevent large fluctuations relative to one another. After the demise of the Bretton Woods system in 1971, most of the EEC countries agreed in 1972 to maintain stable exchange rates by preventing exchange rate fluctuations of more than 2.25% (the European "currency snake"). In March 1979, this system was replaced by the European Monetary System, and the European Currency Unit (ECU) was defined. The basic elements of the arrangement