Damon Mcknight
The Belize Dollar (BZD) is the official currency of Belize, while the Honduran Lempira (HNL) is the official currency of Honduras. Both currencies are divided into 100 subunits: cents for the Belize Dollar and centavos for the Honduran Lempira. As of May 6, 2024, the exchange rate was approximately 1 BZD to 12.2765 HNL, with the Honduran Lempira experiencing a slight increase in value relative to the Belize Dollar.
| Characteristics | Values |
|---|---|
| Currency Name | Belize Dollar |
| Currency Name (Alternative) | Honduran Lempira |
| Country | Belize |
| Country | Honduras |
| Symbol | BZ$ |
| Symbol | L |
| Sub-unit | 100 cents |
| Sub-unit | 100 centavos |
| Exchange Rate (as of May 6, 2024) | 1 BZD = 12.2765 HNL |
What You'll Learn
Belize Dollar and Lempira symbols
The Belize dollar is the official currency in Belize, with the currency code BZD. It is usually abbreviated with the dollar sign $, or BZ$ to distinguish it from other dollar-denominated currencies. The Belize dollar is divided into 100 cents, with the official value pegged at BZ$2 = US$1.
The Honduran Lempira is the official currency in Honduras, with the currency code HNL. The symbol for the Honduran Lempira is L. The currency is divided into 100 centavos. The Lempira was introduced in 1931, replacing the peso at par. The currency is named after the 16th-century cacique Lempira, a ruler of the indigenous Lenca people who led the resistance against Spanish conquistador forces.
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Belize Dollar and Lempira exchange rate
The Belize dollar (BZD) is the official currency of Belize, while the Honduran lempira (HNL) is the official currency of Honduras. Both currencies are divided into 100 subunits: cents for the Belize dollar and centavos for the Honduran lempira.
Exchange Rate History
As of May 6, 2024, 1 Belize dollar was equivalent to 12.2765 Honduran lempiras. This represented a slight increase from the previous day's closing exchange rate, with the Honduran lempira rising by 0.07% against the Belize dollar.
Looking at historical exchange rates, on June 8, 2023, the BZD to HNL exchange rate fluctuated between a high of 1 BZD = 7.3798 HNL and a low of 1 BZD = 7.3722 HNL, with a close of 1 BZD = 12.207 HNL.
On December 15, 2023, the exchange rate fluctuated between a high of 1 BZD = 7.4138 HNL and a low of 1 BZD = 7.3706 HNL, with a close of 1 BZD = 12.264 HNL.
Over a longer period, examining the exchange rate history from July 19, 2019, to July 19, 2024, the Honduran lempira to Belize dollar rate reached its highest point on January 22, 2024, when 1 Honduran lempira was worth 0.0811 Belize dollars. The lowest point in this period was on June 19, 2024, when 1 Honduran lempira was worth 0.0805 Belize dollars.
Factors Affecting Exchange Rates
It is important to consider that exchange rates fluctuate continuously and are influenced by various economic, political, and market factors. These factors include interest rates, inflation rates, the balance of trade between the two countries, and the overall strength of each country's economy. Additionally, global events and market sentiment can also impact the exchange rate between two currencies.
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Belize Dollar and Lempira conversion
The Belize Dollar (BZD) is the official currency of Belize, while the Honduran Lempira (HNL) is the official currency of Honduras. Both currencies are divided into 100 subunits: cents for the Belize Dollar and centavos for the Honduran Lempira.
As of May 6, 2024, one Belize Dollar is equal to 12.2765 Honduran Lempiras or twelve lempiras and 28 centavos. This rate has seen some fluctuation over time. For example, on June 8, 2023, the exchange rate was 1 BZD to 12.207 HNL, while on December 15, 2023, it was 1 BZD to 12.264 HNL.
To convert from Belize Dollars to Honduran Lempiras, you can use the basic formula:
> HNL = BZD * Exchange Rate
So, if you have 100 BZD and want to know how many Honduran Lempiras you would have, you would multiply 100 by the exchange rate:
> HNL = 100 * 12.2765 = 1227.65 Honduran Lempiras
Alternatively, to convert from Honduran Lempiras to Belize Dollars, you can use the formula:
> BZD = HNL / Exchange Rate
For example, if you have 1000 HNL and want to convert it to Belize Dollars, you would do the following calculation:
> BZD = 1000 / 12.2765 = 81.47 BZD
It's important to note that exchange rates fluctuate over time, so it's always a good idea to check for the most current rate before performing any currency conversions. Additionally, some sources may provide slightly different rates due to varying update times and data sources.
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Belize Dollar and Lempira value
The Belize Dollar (BZD) is the official currency of Belize, while the Honduran Lempira (HNL) is the official currency of Honduras. Both currencies are divided into 100 subunits: cents for the Belize Dollar and centavos for the Honduran Lempira.
As of May 6, 2024, the exchange rate for the Belize Dollar was last updated on June 5, 2023, and the exchange rate for the Honduran Lempira was last updated on the same date. On June 5, 2023, 1 Belize Dollar was equal to 12.207 Honduran Lempiras. On May 6, 2024, 1 Belize Dollar was equal to 12.2765 Honduran Lempiras, or 12 Honduran Lempiras and 28 centavos. This represents a small increase in the value of the Honduran Lempira against the Belize Dollar.
On July 19, 2024, the mid-market exchange rate for the Honduran Lempira to Belize Dollar was 1 HNL = 0.08067 BZD. This value had decreased by 0.069% since the previous day and by 0.096% over the past week. The highest exchange rate in the previous six months occurred on January 22, 2024, when 1 Honduran Lempira was worth 0.0811 Belize Dollars.
The value of a currency can be influenced by a variety of economic and political factors, including interest rates, inflation rates, government policies, and the overall stability of the economy. Additionally, exchange rates can be influenced by the supply and demand for a particular currency in the foreign exchange market.
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Belize Dollar and Lempira exchange rate history
The Belize Dollar (BZD) is the official currency of Belize, while the Honduran Lempira (HNL) is the official currency of Honduras. Both currencies are divided into 100 subunits, with the BZD's subunit known as cents and the HNL's subunit known as centavos.
Exchange Rate History
On August 7, 2022, the exchange rate for 1 BZD was 12.189 HNL. This rate experienced a high of 7.3387 HNL and a low of 7.3387 HNL.
On December 15, 2023, the exchange rate for 1 BZD was 12.264 HNL. This rate saw a high of 7.4138 HNL and a low of 7.3706 HNL.
On June 8, 2023, 1 BZD was exchanged at a rate of 12.207 HNL. The high for the day was 7.3798 HNL, and the low was 7.3722 HNL.
As of May 6, 2024, the exchange rate for 1 BZD was 12.2765 HNL. This represented a slight increase from the previous day's closing rate of 12.2673 HNL.
On July 28, 2024, 1 HNL was exchanged at a rate of 0.08077 BZD. This rate remained stable over the past week, with a high of 0.081 on July 22, 2024, and a low of 0.081 on July 25, 2024.
Key Takeaways
The exchange rate between the Belize Dollar and the Honduran Lempira has fluctuated over time, with the BZD generally holding more value than the HNL. The historical data shows that the exchange rate has varied, with the BZD to HNL rate ranging from highs of around 12.2 to 12.3 to lows of around 7.3. The Honduran Lempira has maintained a relatively stable value, with fluctuations occurring within a narrow range.
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Frequently asked questions
The Belize Dollar (BZD) is the official currency of Belize. It is divided into 100 cents and its symbol can be written as BZ$.
The Lempira (HNL) is the official currency of Honduras. It is divided into 100 centavos and its symbol can be written as L.
As of May 6, 2024, 1 Belize Dollar is equal to 12.28 Lempiras. On July 28, 2024, 1 Honduran Lempira was equal to 0.08077 Belize Dollars.
