Sending money to Honduras is not very difficult, but there are slightly fewer options than you would see in other countries. This will not be a big problem, as there are still plenty of ways to transfer your money to its destination quickly and cost-effectively.
The current exchange rate for the Honduran Lempira (HNL) is 24.5145 HNL per American Dollar (USD), as of the time this was written. The average exchange rate for the Honduran Lempira was 24.5579 HNL per USD over the last 90 days. The HNL reached a high of 25.1501 HNL per USD, and a low of 23.4903 HNL per USD during the last 90 days.
The average volatility rate of the HNL against the USD was 0.09% over the last 90 days. This is a low volatility rate, and the HNL has been stable since the tail end of 2018. Going forward, you can reasonably expect only minor fluctuations, barring any unforeseen circumstances.
The fastest way to transfer funds to Honduras is through the faster service option offered by Western Union. While there are other services that offer fast options, Western Union stands out for how ubiquitous and reliable it is. With the faster option offered by Western Union, you can expect your money to reach its Honduran destination in a matter of minutes.
The only real downside to Western Union’s faster option is that it costs a lot of money, no matter where you are sending money from or too. Honduras is no exception.
The cheapest way to send funds to Honduras is through XE International Money Transfers. With XE International Money Transfers, you pay less once you factor in stated fees and hidden conversion expenses. This makes XE International Money Transfers the cheapest option for sending funds to Honduras.
The easiest way to transfer funds to Honduras is through WorldRemit. WorldRemit allows you to perform same-day bank transfers or instant transfers for cash pickup. Cash pickups through WorldRemit are available at any branch of either Banco Atlantida, Elektra-B Azteca, or Davidienda and Ficohsa Honduras.
The overall best way to send cash online to Honduras is through WorldRemit. WorldRemit offers a great balance between speed, ease of use, and price. The services offered by WorldRemit make the process rather simple, and it is a reliable and robust service.