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1000 Guaraníes
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 2006-2022 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Guarani (1944-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | A large numeral '1' dominates the left portion of the field, overlapping a detailed frontal view of the Panteón Nacional de los Héroes, Asunción's neoclassical domed mausoleum, rendered in fine relief. The legend BANCO CENTRAL DEL PARAGUAY arcs along the upper periphery. Below the building, the inscription PANTEON NACIONAL DE LOS HEROES is centered in the field, with the denomination expressed as 1 MIL GUARANIES in large lettering across the lower field. |
| Reverse script | Latin |
| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
| Mint | Log in to see details |
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| Additional information |
Paraguay introduced bimetallic and higher-denomination coinage in the 2000s partly in response to decades of guaraní devaluation that had rendered smaller coins economically meaningless — by the time this piece entered circulation, the 1,000 guaraní unit was worth roughly twenty U.S. cents. The Banco Central had already redenominated once in 1944, converting pesos to guaraníes at 100:1, and chronic inflation meant the currency's purchasing power never fully recovered.
The nickel-steel composition was chosen for durability and cost control across what became a remarkably long production run spanning nearly two decades.