Catalog
50 000 Guaranies segmented security strip
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1994 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 50000 BANCO CENTRAL DEL PARAGUAY EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR CINCUENTA MIL GUARANIES ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (DECRETO LEY Nº 18 DEL 25 DE MARZO DE 1952). (Translation: Central Bank of Paraguay The Central Bank of Paraguay accepts this banknote for Fifty Thousand Guaranies This banknote is legal tender and has unlimited cancellation value all over the Republic territory. (Decree Law# 18 from March 25th., 1952).) |
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| Protection type | Watermark, Security thread |
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| Comments |
Paraguay's 50,000 Guaraníes denomination was introduced in 1990 as chronic inflation steadily eroded the purchasing power of lower values — by the mid-1990s, the 50,000 Gs note was barely worth USD 25 at prevailing exchange rates. The segmented security strip referenced in this catalog entry was a mid-series upgrade, replacing the earlier plain embedded thread as counterfeiting pressures increased across the region.
Thomas De La Rue's involvement kept production quality consistent across the Guaraníes series of this period, though Paraguay was hardly unique among South American central banks in outsourcing high-denomination printing to London during the inflationary 1990s.