History of San Pedro Sula

For the first few years of its history, San Pedro was the colonial mint, where gold, found to the west in the Naco, Sula, and Quimistan valleys, had to be brought to smelt, and where the Spanish Crown collected a fifth of the value of the gold. The mint was moved to Gracias, and ultimately to Comayagua in the 1550s.

French, English, and Dutch pirates raided and sacked the city, prompting the Spaniards to move the city to its current location along the Chamelecon River. San Pedro languished to a neglected backwater, with few Spanish settlers. New settlers were not attracted to the city, preferring the higher, drier valleys inland with more farmland and gold mines. At the same time, lax Spanish control spurred illicit trade in alcohol from the Caribbean islands, such as Cuba.

The city grew slowly from about 800 residents in 1590, to almost 10,000 by