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10 Pesos Fuertes Banco de la Republica del Paraguay

Issuer Banco de la República del Paraguay
Year 1936
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Currency Peso (1856-1944)
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Obverse lettering REPÚBLICA DEL PARAGUAY LA NACION RECONOCE ESTE BILLETE POR 10 DIEZ PESOS FUERTES QUE PAGARÁ CONFORME Á LA LEY Nº 463 DE 30 DE DECIEMBRE DE 1920 Y LEY Nº 550 DE 25 DE OCTUBRE DE 1923. POR EL BANCO DE LA REPUBLICA DEL PARAGUAY
(Translation: Republic of Paraguay The Nation recognizes this note for Ten Pesos Fuertes That will pay according to the Law no.463 of December 30th., 1920 and no.550 of October 25th., 1923. By Bank of Republic of Paraguay)
Reverse description Multicolour. The Coat of Arms of the Republic of Paraguay is set within a circular guilloche medallion at center, surrounded by the country name in an arc. The face value in numerals appears on both the left and right margins.
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Comments

The Banco de la República del Paraguay was a short-lived institution — it operated only from 1936 until 1944, when it was replaced by the Banco del Paraguay. This note was printed by the American Bank Note Company, the dominant supplier of Latin American currency throughout the mid-twentieth century, whose contract relationship with Paraguay predated this institution and continued well after it dissolved.

The 1936 dating places this issue in the immediate aftermath of the Chaco War, a brutal three-year conflict with Bolivia that ended in June 1935 and left Paraguay financially exhausted. Currency reorganization followed quickly.

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