Honduran real
Encyclopedia
The real was the currency of Honduras
until 1862. Before 1824, the Spanish colonial real
circulated, followed by the Central American Republic real
. Sixteen silver
reales equalled one gold
escudo
.
Honduras's own real was introduced in 1832. Coins were issued in denominations of ½, 1, 2, 4 and 8 reales. The first issues were minted in 33.3% silver but severe debasement followed, leading to an issue in 1853 containing just 4% silver. This was followed in 1855 and 1856 by an issue in copper and then an issue between 1857 and 1861 in a copper-lead alloy.
The real was replaced by the peso
at a rate of 8 reales = 1 peso. The real continued as the subdivision of the peso until 1871.
Honduras
Honduras is a republic in Central America. It was previously known as Spanish Honduras to differentiate it from British Honduras, which became the modern-day state of Belize...
until 1862. Before 1824, the Spanish colonial real
Spanish colonial real
The silver real was the currency of the Spanish colonies in the Americas and the Philippines. In the seventeenth century the silver real was established at two billon reals or sixty-eight Spanish maravedís. Gold escudos were also issued...
circulated, followed by the Central American Republic real
Central American Republic real
The real was the currency of the Federal Republic of Central America from 1824. Sixteen silver reales equaled one gold escudo. The Central American Republic's real replaced the Spanish colonial real at par and continued to circulate and be issued after the constituent states left the Central...
. Sixteen silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...
reales equalled one gold
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...
escudo
Escudo
The escudo is a unit of currency. Historically it was used in Portugal and in its colonies, and is still used in Cape Verde to this day. Escudo is Portuguese for "shield"...
.
Honduras's own real was introduced in 1832. Coins were issued in denominations of ½, 1, 2, 4 and 8 reales. The first issues were minted in 33.3% silver but severe debasement followed, leading to an issue in 1853 containing just 4% silver. This was followed in 1855 and 1856 by an issue in copper and then an issue between 1857 and 1861 in a copper-lead alloy.
The real was replaced by the peso
Honduran peso
The peso was the currency of Honduras between 1862 and 1931.-History:The peso replaced the real at a rate of 1 peso = 8 reales. Initially, the peso was subdivided into 8 reales. In 1871, the currency was decimalized, with the peso subdivided into 100 centavos...
at a rate of 8 reales = 1 peso. The real continued as the subdivision of the peso until 1871.