20/03/2020: COVID-19 Pandemic Effects
The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.
07/10/2019: Modernization of Banknotes
The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.
27/01/2009: Currency Crisis
Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.
10/10/2008: Global Financial Crisis Hits New Zealand
New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.
10/07/2005: Polymer Banknotes Introduced
New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.
15/06/1997: Monetary Integration
Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.
05/10/1987: Black Monday Stock Market Crash
Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.
04/03/1985: Floating Exchange Rate Introduced
New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.
15/03/1967: Introduction of the New Lempira
A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.
10/07/1961: Decimalization of Currency
New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.
03/09/1950: Devaluation of the Lempira
The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.
11/10/1940: Monetary Reforms
Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.
19/10/1933: New Zealand Pound Pegged to the British Pound
New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
07/03/1931: Creation of the Lempira
The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.