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1 Guaraní Countryside Man on Horseback

Issuer Banco Central del Paraguay
Year 2000
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Value 1 Guaraní
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Obverse lettering REPUBLICA DEL PARAGUAY 2000
(Translation: Republic of Paraguay)
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Edge Reeded
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Additional information

Paraguay's guaraní was introduced in 1944 to replace the peso, but by 2000 the currency had suffered such chronic inflation that a single guaraní — the denomination struck here — had been functionally worthless in everyday commerce for decades. This piece was never intended for circulation. It belongs to a broader Paraguayan commemorative program issued through the late 1990s and early 2000s targeting the collector market, often distributed through international numismatic dealers rather than domestic banking channels.

KM#196 is frequently encountered in original packaging, unsurprisingly.

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