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20 000 Guaranies

Issuer Banco Central del Paraguay
Year 2015-2017
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Composition Paper
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Obverse lettering 20 MIL 20 MIL BANCO CENTRAL DEL PARAGUAY EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR 20000 AÑO 2017 VEINTE MIL GUARANIES BCP LA MUJER PARAGUAYA GERENTE GENERAL PRESIDENTE ESTE BILETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA LEY 489 DEL 29 JUNIO DE 1995.
(Translation: 20 thousand Central Bank of Paraguay The Central Bank of Paraguay accept this banknote for year 2017 Twenty Thousand Guaranies BCP the Paraguayan woman This banknote is legal tender and has unlimited validity on all the Republic territory Law 489 from June 29th., 1995.)
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Protection description Portrait watermark of La Mujer Paraguaya with electrotype 20MIL; embedded vertical security thread
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Comments

Paraguay contracted two separate foreign security printers for this note — Casa de Moneda de Chile and the Polish Security Printing Works — a dual-source arrangement that almost certainly reflects supply flexibility rather than any single printer's capacity constraint. The two outputs are functionally identical to the casual eye, but specialists have documented minor tonal and registration differences between the Chilean and Polish printings that allow attribution with reasonable confidence.

The security package is modest for the denomination: watermark and thread only, with no optically variable ink or color-shifting elements.