The exchange rate for USD/HNL fell by 0.1213 or 0.49%, settling at 24.8453 on Thursday, September 26, compared to 24.9666 in the previous trading session. This marks a significant move in the currency market.
Historically, the USD/HNL has reached an all-time high of 25.11 in June 2024, illustrating the volatility and historical context of this exchange rate.
Looking ahead, analysts predict that the Honduran Lempira is expected to trade at 24.84 by the end of this quarter, based on global macroeconomic models. In the longer term, projections estimate a rise to 25.03 within the next 12 months.