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1 Guarani Banco Central del Paraguay

Issuer Banco Central del Paraguay
Year 1952-1961
Type Standard circulation banknote
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Obverse description Green intaglio print on a light multicolour underprint, with the issuer's name BANCO CENTRAL DEL PARAGUAY inscribed along the top margin. A central vignette of a Paraguayan soldier is flanked by the denomination in numerals on either side, with additional numeral values at the upper left and both lower corners; the face value in words appears below the vignette. The national coat of arms is positioned at the upper right corner.
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Protection description No watermark.
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Comments

Paraguay's 1952 monetary reform abolished the peso and introduced the guaraní at a rate of 100 pesos per guaraní — this 1 Guaraní note belongs to the opening series of that new currency regime. The number of signature combinations catalogued under P#185 is unusually high for such a low denomination, reflecting turnover in the Banco Central's directorate across nearly a decade of issue rather than any reprint or design change.

The shift from red to black serial numbering, and the introduction of security fibres in the paper, happened mid-series without a new Pick number being assigned.

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