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20 000 Guaranies

Issuer Banco Central del Paraguay
Year 2015-2017
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Reference(s) P#238
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Reverse lettering REPUBLICA DEL PARAGUAY 20000 20 MIL MOKOIPA SU GUARANI BANCO CENTRAL DEL PARAGUAY
(Translation: Republic of Paraguay 20 Thousand Twenty Thousand Guaranies (Guarani language) Central Bank of Paraguay)
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Protection type Watermark, 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.