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10 000 Guaranies Spanish value on reverse
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1963 |
| Type | Log in to see details |
| Value | 10 000 Guaraníes (10 000 PYG) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL PARAGUAY 10000 REPÚBLICA DEL PARAGUAY PAZ Y JUSTICIA EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR DIEZ MIL GUARANIES DR JOSÉ CASPAR (GASPAR) RODRÍGUEZ DE FRANCIA 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 Republic of Paraguay - Peace and Justice The Central Bank of Paraguay acknowledges this banknote for Ten Thousand Guaranies Dr. José Caspar (Gaspar) Rodríguez de Francia This banknote is legal tender and has unlimited cancellation value all over the Republic territory. (Decree Law# 18 from March 25th., 1952).) |
| Reverse description | Log in to see details |
| Reverse lettering | REPÚBLICA DEL PARAGUAY 10000 14 DE MAYO DE 1811 DIEZ MIL GUARANIES (Translation: Republic of Paraguay May 14th., 1811 Ten Thousand Guaranies) |
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| Comments |
Paraguay's highest denomination at the time of issue, the 10,000 Guaraní note emerged during a period of sustained inflation that had been grinding through the economy since the late 1950s. The Stroessner government's monetary stabilization program, backed by IMF agreements in the early 1960s, was supposed to render such large denominations unnecessary — instead, this note entered circulation as evidence that the program was still incomplete.
De La Rue's involvement here is routine for the region, but the bilingual denomination treatment — Spanish value text relegated to the reverse — is an unusual layout choice for a Paraguayan issue of this series.