Catalog
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| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1963 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 157 × 67 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Green on multicolour underprint. At right, an intaglio portrait vignette of General José E. Díaz; the national Coat of Arms appears at left. The issuer name is inscribed across the top, the face value rendered in full letters at centre, and numeral denominators at all four corners. Black serial numbers appear at lower left and lower right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection type | Watermark |
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| Comments |
The P#198 sits within a transitional moment for Paraguayan currency — the early 1960s saw the Banco Central working to stabilize the guaraní following the chronic inflation of the late Stroessner-era monetary mismanagement of the 1950s, when the currency lost catastrophic value before IMF-backed reforms took hold in 1957. By 1963, confidence was returning, and De La Rue's involvement was partly a credibility signal: Asunción wanted the international recognition that came with a London printer's imprimatur.
The "Spanish value on reverse" designation in the series distinguishes this issue from related printings where the denomination text treatment differs — a small but catalogically meaningful variation.