Honduran lempira Honduran lempira The lempira (, sign: L, ISO 4217 code: HNL) is the currency of Honduras. It is subdivided into 100 centavos. 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 honoured on both the 1 lempira note and the 20 and 50 centavos coins. The lempira was introduced in 1931, replacing the peso at par. In the late 1980s, the exchange rate was two lempiras to
Divisia monetary aggregates index by the European Central Bank, the Bank of Japan, the Bank of Israel, and the International Monetary Fund. Divisia monetary aggregates index In econometrics and official statistics, and particularly in banking, the Divisia monetary aggregates index is an index of money supply. It uses Divisia index methods. The monetary aggregates used by most central banks (notably the US Federal Reserve) are simple-sum indexes in which all monetary components are assigned the same weight: in which formula_2 is one of the formula_3 monetary components of the monetary aggregate formula_4. The summation index implies that all monetary components contribute equally to the