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10 Udis

Issuer Red COMAL (Comercialización Alternativa)
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Value 10 Udis
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Obverse lettering 10 UDIS DIEZ UDIS Director Ejecutivo Red COMAL SOLO SE PUEDE GASTAR CON MIEMBROS SPENDABLE WITH MEMBERS ONLY NUR BEI MITGLIEDERN EINLÖSBAR À UTILISER UNIQUEMENT AVEC DES MEMBRES APENAS PODE SER GASTO COM MEMBROS
(Translation: 10 UDIS (Solidarity Exchange Unit) UDIS = Unidad de Intercambio Solidario)
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Protection type Watermark
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Comments

COMAL — the Coordinadora de Comercialización Alternativa — is a Honduran network of rural cooperatives and fair-trade agricultural producers that has operated its own complementary currency, the Udi, as a local exchange mechanism within member communities. These notes circulate not through banks but through community markets, functioning as a mutual credit instrument designed to reduce dependence on the lempira and keep purchasing power within the network.

The inclusion of a watermark is notable for a community-issued scrip — most complementary currencies at this scale forgo security features entirely. Whether this reflects a specific counterfeiting incident or simply a deliberate signal of institutional seriousness is not documented in available sources.

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