Exchange Rate in Honduras
Honduras - Exchange RateThe economy contracted in the first quarter for the first time in over a decade, hit by fallout from the global pandemic and associated containment measures, and will have deteriorated further in the second quarter. Nosediving fixed investment drove the downturn in Q1 as businesses postponed expansion plans. Moreover, the external sector struggled too, with exports and imports plunging. Turning to available data for Q2, economic activity contracted in April by over a fifth compared to the same month a year prior. In the same month, imports fell by nearly a third and suggest the continuation of weak domestic demand, while exports fell amid a drop in foreign demand due to global lockdown measures. While the gradual reopening of the economy since early June should provide some respite, the recent lockdown of Tegucigalpa highlights the risk of an intensification of the health crisis.
Honduras - Exchange Rate Data
|Exchange Rate (vs USD)||22.08||23.20||23.54||24.27||24.59|
5 years of economic forecasts for more than 30 economic indicators.
Honduras Exchange Rate Chart
Source: Honduras Central Bank.
|Exchange Rate||24.59||-0.03 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.