10 Guaranies Departamento Monetário

The Banco del Paraguay was a short-lived state institution, established in 1936 and dissolved in 1952 when the Banco Central del Paraguay took over monetary functions. This note belongs to the Departamento Monetário series issued during a period of chronic political instability in Paraguay — the country cycled through multiple governments between 1940 and 1948, including the Higinio Morínigo dictatorship that took power in 1940.

De La Rue's involvement is typical for Latin American issues of this period, where local printing infrastructure was simply unavailable. Wartime London was an unusual production environment, with De La Rue itself having suffered severe bomb damage to its Bunhill Row premises in 1940.