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1 Peso

Issuer República de Honduras
Year 1927
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Currency Peso (1926-1931)
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Obverse lettering REPÚBLICA DE HONDURAS
BILLETE ADUANERO
OBLIGACIÓN DEL ESTADO
SERIE F
EMISIÓN DE 1928
EL ESTADO GARANTIZA LA ACEPTACIÓN DE ESTE BILLETE POR SU VALOR NOMINAL EN LAS ADUANAS DE LA REPÚBLICA, EN PAGO DE DERECHOS ARANCELARIOS DE IMPORTACIÓN EN LA PROPORCIÓN SIGUIENTE:
AÑO FISCAL - AÑO FISCAL
1927 A 1928 10% 1931 A 1932 22%
1928 A 1929 14% 1932 A 1933 23%
1929 A 1930 17% 1933 A 1934 24%
1930 A 1931 19% 1934 A 1935 ½%
LOS SUBSIGUIENTES 25%
DECRETO LEGISLATIVO No. 2 DE 5 DE OCTUBRE DE 1927
MINISTRO DE HACIENDA
CONTADOR MAYOR
DIRECTOR GRAL. DE RENTAS
REG. No.
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Reverse lettering REPÚBLICA DE HONDURAS
BILLETE ADUANERO
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Comments

Honduras issued a series of peso-denominated notes in the 1920s through the Banco Atlántida and related institutions, but this note comes directly from the República — a distinction that reflects the transitional monetary arrangements of the period before the lempira replaced the peso in 1931. The American Bank Note Company held long-standing contracts across Latin America during this decade, and Honduras was a routine client.

Four years after this note's issue date, the entire peso series was demonetized when the lempira was introduced at par with the U.S. dollar, rendering all outstanding peso notes exchangeable at a fixed rate of 2 to 1.

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