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1 Guarani Legislative Palace on reverse
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1963 |
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| Value | Log in to see details |
| Currency | Guarani (1944-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL PARAGUAY EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR UN GUARANI ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (DECRETO LEY No 18 DEL 25 DE MARZO DE 1952). (Translation: Central Bank of Paraguay The Central Bank of Paraguay recognizes this note for One Guarani This banknote has legal tender and unlimited payment status across the territory of the republic (Decree-Law no.18 of March 25th., 1952).) |
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| Protection description | No watermark. |
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| Comments |
Paraguay's central bank was only established in 1952, replacing the earlier Banco del Paraguay which had managed currency under more chaotic political conditions. By 1963, when this note was issued, the country was a decade into Alfredo Stroessner's dictatorship, and the guaraní itself had been stabilized following a serious 1959–1960 IMF-assisted reform that unified Paraguay's fragmented exchange rate system and redenominated the currency at 100 old guaraníes to one new.
Thomas De La Rue printed the full P#193 series. The two signature positions — differing in where the serial numbers appear — are a catalogued variant, not an error.