Honduran real

The real was the currency of Honduras until 1862.^[1] Before 1824, the Spanish colonial real circulated, followed by the Central American Republic real. Sixteen silver reales equalled one gold escudo.^{[citation needed]}

Honduras's own real was introduced in 1832. Coins were issued in denominations of 1⁄2, 1, 2, 4 and 8 reales.^{[citation needed]} The first issues were minted in 33.3% silver but severe debasement followed, leading to an issue in 1853 containing just 4% silver.^{[citation needed]} This was followed in 1855 and 1856 by an issue in copper and then an issue between 1857 and 1861 in a copper-lead alloy.^{[citation needed]}

The real was replaced by the peso at a rate of 8 reales = 1 peso. The real continued as the subdivision of the peso until 1871.^{[citation needed]}

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