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10 Pesos Fuertes Oficina de Cambios
| Issuer | Oficina de Cambios del Paraguay |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
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| Composition | Log in to see details |
| Size | 150 × 75 mm |
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| Obverse description | Log in to see details |
|---|---|
| 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 POR LA OFICINA DE CAMBIOS (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 for the Exchange Office) |
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| Protection type | Watermark |
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| Comments |
Paraguay's Oficina de Cambios — effectively a state exchange office rather than a central bank — issued this series during a period of chronic monetary instability following the country's catastrophic 19th-century wars. The American Bank Note Company supplied the plates, as it did for most Paraguayan government paper of the period, producing work of considerably higher technical quality than the issuing authority's domestic capacity could have managed.
Two signature combinations are known for P#144, reflecting sequential administrations within the office. Riart later served as Foreign Minister, which gives the second combination some historical interest beyond the note itself.