Global Mark : na
What to do ? Take your time to change money : the rate will get better (from C0.80 to C0.85 for L1, fair rate) / Queue a bit to pay the L15 ($1) Honduras exit tax (same for entry, rates change with the wind) / Then queue a bit to have your passport stamped and your L15 receipt confiscated / Walk for 10mn over the bridge toward the Nicaragua side (300m). Alternatively, it cost L10 to get a bike ride / Fill up the entrance form / Pay US$7 (ordinary service $2 + tourist card $5) / Get your two receipts and your passport stamped (you should get 90 days) / Change some US$ cash into corobas at the bank (or the reverse) / Walk to the bus station and have your passport controlled one more time
What you may not like ? The assaults of the money changers, guiding you toward the procedures, on the Honduras side / The assaults of the beggar kids, well inside the immigration office, on the Nicaragua side / The US$7 entrance fee (exit fee is US$2), payable only in US$ : rates clearly printed on a board / The impossibility to change TC or Limpiras at the bank on Nicaragua side /
How long ? Believe me, you do not wish to extend your stay ! The whole process, from bus to bus, took me one hour.
Where to eat ? A few comedores around, as the place is popular with truck drivers.
Change money ? The moneychangers rates on Honduras side are fair and even better than the banks in Leon for Lempiras into US$ : 15.50 instead of 15.60. Remember that it is difficult to change anything but US$ cash in Nicaragua (rates for TC OK in Granada however). Bargaining & taking your time before changing is recommended. On Nicaragua side, less moneychangers but a busy bank, changing US$ cash only at an OK rate (still slightly lower than in Leon : 13.26 instead of 13.31)
Why this border ? This is apparently the worst border crossing but it is the fastest option to reach Leon. If you wish to visit Matagalpa, you should use one of the other two borders : El Espino from Choluteca or Las Manos from Tegucigalpa via Danli.
The trip to Leon via Chinandega : SSS / Left / C12 + C7.5 / 2 hours + 1 hour
See also the trip from Choluteca