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100 Guaranies Departamento Monetário

Issuer Banco del Paraguay
Year 1943
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Value 100 Guaraníes (100 PYG)
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Obverse lettering BANCO DEL PARAGUAY DEPARTAMENTO MONETÁRIO 100 EL BANCO DEL PARAGUAY RECONOCE ESTE BILLETE POR CIEN GUARANIES ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (DECRETO LEY 655 DEL 5 DE OCTUBRE DE 1943).
(Translation: Bank of Paraguay Monetary Department The Bank of Paraguay recognizes this banknote for One Hundred Guaranies This banknote has legal course and unlimited cancellation force throughout the territory of the Republic (Decree-Law 655 from October 5th., 1943).)
Reverse description Blue intaglio print throughout. A central architectural vignette presents the Banco del Paraguay building in Asunción in three-quarter perspective, enclosed within an ornate frame with scrollwork at the top. Dense guilloche rosettes occupy the four corners, with the denomination numeral 100 repeated at all four corners and the value inscription at the base; the printer's imprint of De La Rue appears in small text at the bottom margin.
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Comments

The Banco del Paraguay was established in 1941 as a state institution to replace the Banco de la República, itself a mixed public-private body. This note belongs to the early issues of that new bank's Departamento Monetário — a transitional arrangement before Paraguay developed more sophisticated central banking structures. De La Rue printed the series in London during wartime, which meant navigating wartime paper and shipping constraints; the quality of paper stock across the 1943 issues varies more than is typical for De La Rue work of the period.

The watermark is the sole security feature — modest even by 1943 standards.

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