Is it possible or not to issue an invoice for 1000 Lempira?

project Issuing a ticket 1,000 lempiras were on the agenda Central Bank of Honduras (Biosafety Clearing-House) in the past decade. This topic was addressed in 2015 and 2019 Biosafety Clearing-House.

With the decline in the value of the national currency compared to the US dollar, there are sectors committed to printing a higher denomination, but there are others who confirm that with the rise in electronic transfers, this is not necessary.

Manuel Bautistaformer president of central bank Having worked for 40 years in that institution, he explains that if devaluation is taken into account – $50 in 1990 was equivalent to 100 lempiras, while $50 today is equal to 1,230 liras – then there is an argument for issuing the currency. A bill worth 1000 LBP.

However, with Technological innovations And electronic payment systems, the 500 lempira bill meets the requirements of Hondurans. Bautista says demand for banknotes is not growing as much as it was in the past, and one reason is the integration of new payment systems.

He concludes that current circumstances do not indicate the necessity of issuing a banknote with a value greater than 500 lempiras.

Former Secretary L finance Arturo Alvarado states that credit and debit cards, as well as electronic transfers, do not justify issuing a bill of 1,000 lempiras. He adds that people with low purchasing power, who continue to use cash in Honduras, need smaller denominations of banknotes. The country's largest banknote in circulation, the 500 lempira, was previously issued Biosafety Clearing-House In the year 1997.