Honduran lempira currently in circulation are 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 and 100 lempiras notes in 1950, followed by the 500-lempiras note in 1995. In January, 2010, a new 20-lempira note was introduced to market made by a polymer base, 60 million notes were issued. Banknotes in circulation are Honduran lempira The lempira (, sign: L, ISO 4217 code: HNL) is the currency of Honduras.
Monetary-disequilibrium theory Monetary-disequilibrium theory Monetary disequilibrium theory is a product of the Monetarist school and is mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium (disequilibrium) was, however, defined in terms of an individual's demand for cash balance by Mises (1912) in his "Theory of Money and Credit". Monetary disequilibrium is one of three theories of macroeconomic fluctuations which accord an important role to money, the others being the Austrian theory of the business cycle and one based on rational expectations. Leland Yeager's (1968) understanding of the monetary disequilibrium theory begins with fundamental properties