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10 000 Guaranies Guarani value on reverse

Issuer Banco Central del Paraguay
Year 1982-2001
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Value 10 000 Guaraníes
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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 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 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 Dark brown print. A central vignette illustrates the scene of the Declaration of Independence of 14 May 1811, framed by the country name at top and the face value in numerals on both side margins. The denomination in words appears along the lower border in the Guaraní language.
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The 10,000 Guaraní denomination was introduced in 1982 as inflation steadily eroded the purchasing power of lower notes — by the mid-1990s it had become a routine transaction note rather than the large-denomination bill it was on introduction. Paraguay's Stroessner-era monetary policy kept official exchange rates artificially stable while parallel markets told a different story, and the long print run spanning nearly two decades reflects that uncomfortable balance between issued face value and real-world utility.

Thomas De La Rue held the Banco Central del Paraguay contract across multiple series during this period. The watermark remains the sole security feature — modest even by the standards of the time.