Home / Coins by Country / Coins from British Honduras

We know of 1 currency periods in British Honduras, being:

British Honduras Dollar (1885 - 1981)

For a period in the middle of the nineteenth century British Honduras operated the British sterling monetary system just like Jamaica and Bermuda. In the wake of the international silver crisis of 1873 the silver peso of neighbouring Guatemala drove the British currency out of circulation. In an attempt to return British Honduras to the gold standard, and influenced by the fact that most imports were coming from New Orleans in the United States, a new currency was introduced into British Honduras based on the US dollar, bringing British Honduras into line with Canada.

At that time, the Canadian dollar was on the gold standard, and one Canadian dollar was equal to one American dollar. This is the point where the currency history of British Honduras diverges from that of the rest of the British West Indies. In 1885, 1 cent coins were issued, followed by higher denominations in 1894. This year also saw the first issue of banknotes by the government and a switch from the silver Guatemalan peso to the gold U.S. dollar as the base for the currency, with $4.866 = 1 pound. The rate of $4.866 as opposed to $4.80 is explained by the fact that when the US dollar was first created in 1792, it was based on the average weight of a selection of worn Spanish dollars. Hence, the US dollar was at a slight discount in relation to the Spanish dollar. Following the introduction of the US dollar gold standard to British Honduras, the 25 cent coins were referred to as shillings due to their closeness in value to shilling sterling.

When the United Kingdom abandoned the gold standard in 1931 the British Honduras dollar continued with its attachment to the US dollar and as such it did not become part of the sterling bloc. At the outbreak of the second world war, unlike in the case of Canada, Newfoundland, and Hong Kong, British Honduras did join the sterling area even though it maintained its fixed exchange rate with respect to the US dollar. The sterling bloc should not be confused with the sterling area. The former was a group of countries who pegged their local currencies to sterling when the United Kingdom abandoned the gold standard in 1931, whereas the latter was an exchange control arrangement introduced as an emergency measure at the outbreak of the second world war.

In 1949 the British pound was devalued from US$4.03 to US$2.80. Since the British Honduras dollar was pegged to the US dollar, this caused a sudden increase in the value of the British Honduran dollar relative to the pound. Protests ensued which led to a devaluation of the British Honduran dollar to a value of 70 U.S. cents (equal to 5 shillings sterling).

Following Harold Wilson's devaluation of sterling in November 1967, the British Honduran dollar again devalued in sympathy with the British pound to 60 US cents. In 1978, the link to the British pound of BZ$4 = £1 was abandoned and once again the Belize unit was pegged to the US dollar at a fixed rate of BZ$2 = US$1. This new rate which still continues today, reflects the devaluation of 50% in relation to the original parity with the US dollar in 1885, which last applied in 1949.

Following the independence of Belize in 1981, the British Honduras Dollar became the Belize Dollar.

Fifty Cents 1894 - 1971
  Fifty Cents 1894
  Fifty Cents 1895
  Fifty Cents 1897
  Fifty Cents 1901
  Fifty Cents 1906
  Fifty Cents 1907
  Fifty Cents 1911
  Fifty Cents 1919
  Fifty Cents 1954
  Fifty Cents 1962
  Fifty Cents 1964
  Fifty Cents 1965
  Fifty Cents 1966
  Fifty Cents 1971

Twenty Five Cents 1894 - 1973
  Twenty Five Cents 1894
  Twenty Five Cents 1895
  Twenty Five Cents 1897
  Twenty Five Cents 1901
  Twenty Five Cents 1906
  Twenty Five Cents 1907
  Twenty Five Cents 1911
  Twenty Five Cents 1919
  Twenty Five Cents 1952
  Twenty Five Cents 1955
  Twenty Five Cents 1960
  Twenty Five Cents 1962
  Twenty Five Cents 1963
  Twenty Five Cents 1964
  Twenty Five Cents 1965
  Twenty Five Cents 1966
  Twenty Five Cents 1968
  Twenty Five Cents 1970
  Twenty Five Cents 1971
  Twenty Five Cents 1972
  Twenty Five Cents 1973

Ten Cents 1894 - 1970
  Ten Cents 1894
  Ten Cents 1918
  Ten Cents 1919
  Ten Cents 1936
  Ten Cents 1939
  Ten Cents 1942
  Ten Cents 1943
  Ten Cents 1944
  Ten Cents 1946
  Ten Cents 1956
  Ten Cents 1959
  Ten Cents 1961
  Ten Cents 1963
  Ten Cents 1964
  Ten Cents 1965
  Ten Cents 1970

Five Cents 1894 - 1973
  Five Cents 1894
  Five Cents 1907
  Five Cents 1909
  Five Cents 1911
  Five Cents 1912
  Five Cents 1916
  Five Cents 1918
  Five Cents 1919
  Five Cents 1936
  Five Cents 1939
  Five Cents 1942
  Five Cents 1943
  Five Cents 1944
  Five Cents 1945
  Five Cents 1947
  Five Cents 1949
  Five Cents 1950
  Five Cents 1952
  Five Cents 1956
  Five Cents 1957
  Five Cents 1958
  Five Cents 1959
  Five Cents 1961
  Five Cents 1962
  Five Cents 1963
  Five Cents 1964
  Five Cents 1965
  Five Cents 1966
  Five Cents 1968
  Five Cents 1969
  Five Cents 1970
  Five Cents 1971
  Five Cents 1972
  Five Cents 1973

One Cent 1885 - 1973
  One Cent 1885
  One Cent 1888
  One Cent 1889
  One Cent 1894
  One Cent 1904
  One Cent 1906
  One Cent 1909
  One Cent 1911
  One Cent 1912
  One Cent 1913
  One Cent 1914
  One Cent 1916
  One Cent 1918
  One Cent 1919
  One Cent 1924
  One Cent 1926
  One Cent 1936
  One Cent 1937
  One Cent 1939
  One Cent 1942
  One Cent 1943
  One Cent 1944
  One Cent 1945
  One Cent 1947
  One Cent 1949
  One Cent 1950
  One Cent 1951
  One Cent 1954
  One Cent 1956
  One Cent 1958
  One Cent 1959
  One Cent 1961
  One Cent 1962
  One Cent 1964
  One Cent 1965
  One Cent 1966
  One Cent 1967
  One Cent 1968
  One Cent 1969
  One Cent 1970
  One Cent 1971
  One Cent 1972
  One Cent 1973