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| 表面の説明 | Deep purple and light blue on multicolour underprint; a vignette of the Paraguayan Soldier appears at right, with the issuer's name across the top and the denomination in numerals at top and lower left and along the right edge rotated 90°, and in words at centre over a cartographic outline of the country flanked by two official coats of arms. A watermark zone at left is paired with a see-through register device (Phrygian cap) to its right. Serial numbers appear in red vertically at left and in black horizontally at lower right. |
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| 表面の銘文 | 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 No. 18 from March 25th, 1952).) |
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Paraguay's 50,000 Guaraní note was the highest denomination in circulation when it was introduced — a direct consequence of inflation that had eroded the purchasing power of smaller notes through the late 1980s. The series ran under two distinct security configurations; this solid-thread variant predates the windowed thread upgrade introduced later in the same P#210 run, making the two distinguishable to specialists despite sharing the same Pick number.
Thomas De La Rue's London plant printed the series throughout, consistent with Paraguay's long-standing relationship with the printer dating back decades.