10 000 Guaranies

Paraguay's 10,000 Guaraní denomination has existed in various forms since the 1950s, but the P#A238 series reflects the prolonged transitional period during which the Banco Central resisted moving fully to polymer — a shift neighboring countries had largely completed. The retention of paper with a basic watermark security package left this high-value note among the more vulnerable in the region to sophisticated counterfeiting during its run.