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20 Pesos Fuertes Oficina de Cambios
| Issuer | Oficina de Cambios del Paraguay |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | 20 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DEL PARAGUAY LA NACION RECONOCE ESTE BILLETE POR 20 VEINTE PESOS FUERTES QUE PAGARÁ CONFORME Á LA LEY DE 28 DE ENERO DE 1916. (Translation: Republic of Paraguay The Nation recognizes this note for Twenty Pesos Fuertes That will pay according to the Law of January 28th., 1916. by the Exchange Office) |
| Reverse description | Log in to see details |
| Reverse lettering | 20 REPÚBLICA DEL • PARAGUAY • (Translation: 20 Republic of Paraguay) |
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| Comments |
The Oficina de Cambios del Paraguay was established as a state exchange bureau rather than a central bank, a structural choice that reflected Paraguay's prolonged difficulty attracting foreign capital after the catastrophic losses of the War of the Triple Alliance. By 1916, the bureau was still functioning as the country's primary paper currency mechanism, decades after the war had effectively collapsed the prewar financial infrastructure.
Two signature combinations are known for P#142, suggesting the note was issued across at least two administrative periods. Victoriano Escobar's pairing with Zubizarreta appears on earlier printings; Cleto J. Sánchez replaced him in the later variant.