Catalog
100 000 Guaranies
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1998 |
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| Value | 100 000 Guaraníes |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DEL PARAGUAY 100 MIL EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR 100000 Serie 1998 CIEN MIL GUARANIES SAN ROQUE GONZALEZ DE SANTA CRUZ ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (LEY 489 DEL 29 DE JUNIO DE 1995). (Translation: Central Bank of Paraguay 100 Thousands The Central Bank of Paraguay accepts this banknote for One Hundred Thousand Guaranies Series 1998 This banknote is legal tender with unlimited cancellation power throughout the territory of the Republic (Law No. 489 of June 29th, 1995).) |
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| Reverse lettering | REPUBLICA DEL PARAGUAY 100 MIL 100000 SA SU GUARANI REPRESA DE ITAIPU (Translation: Republic of Paraguay 100 thousand 100,000 One Hundred Thousand Guaranies (in Guaraní language) Itaipu Dam) |
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| Comments |
The 100,000 Guaraní denomination was introduced in 1998 partly as a practical response to the chronic inflation Paraguay had experienced through the late 1980s and early 1990s, which steadily eroded the purchasing power of lower denominations. By the mid-1990s, the 50,000 Guaraní note — itself only introduced a few years earlier — was no longer sufficient for routine large transactions.
Thomas De La Rue's involvement in Paraguayan currency production stretches back decades, and this note is among the higher-value pieces the London printer produced for the Banco Central. The see-through register feature, aligning printed elements on both faces to form a composite image when held to light, was still relatively novel for Paraguayan issues at this denomination level.