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5 Guaranies Banco Central del Paraguay
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1952-1961 |
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| Size | 120 × 65 mm |
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|---|---|
| Obverse lettering | BANCO CENTRAL DEL PARAGUAY SERIE A EL BANCO CENTRALDEL PARAGUAY RECONOCE ESTE BILLETE POR CINCO GUARANIES ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (DECRETO-LEI Nº 18 DEL 25 DE MARZO DE 1952). (Translation: Central Bank of Paraguay The Central Bank of Paraguay recognizes this banknote for Five Guaranies This banknote has legal course and unlimited cancellation force throughout the territory of the Republic (Decree-Law no.18 of March 25th., 1952).) |
| Reverse description | Printed in red-brown, the reverse presents a central vignette of the Banco Central del Paraguay building. The country name appears along the top margin, while the denomination in words is inscribed below the central vignette. Numeral face values occupy all four corners and both lateral borders. |
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| Comments |
Paraguay's postwar monetary reform of 1943 replaced the peso with the guaraní at a rate of 100 to 1, but the Banco Central itself wasn't established until 1952 — meaning this note belongs to the earliest years of the institution's independent operation, before it had developed consistent production standards. The three distinct signature and serial number combinations across the series span nearly a decade of issuing authority, and the shift from a single red serial to two black serials likely reflects a mid-run security upgrade rather than a new series designation.
The fibres variant is the more common survivor. Notes from the González Maya/Méndez signing period, lacking fibres, are considerably harder to locate.