The name is Spanish for "Cape Thank God" and is said to have been bestowed by Christopher Columbus on his last voyage in 1502 when the weather calmed suddenly as he rounded the cape during a severe storm. This incident also gave the name to Honduras, which means 'depths' in Spanish, since the complete phrase is said to have been 'Gracias a Dios hemos salido de esas Honduras', or 'Thank God we have come out from those depths', and both places were automatically named at that very moment.