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50 Guaraníes

Issuer Banco Central del Paraguay
Year 2006-2019
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Value 50 Guaraníes
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Reverse lettering 50 REPRESA ACARAY GUARANIES
(Translation: 50 Guaranies Acaray Dam)
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Mintage 2006 - Royal Canadian Mint - 25,000,000
2008 - Royal Canadian Mint -
2011 - -
2012 - - 25,000,000
2016 - -
2019 - -
Additional information

The guaraní was introduced in 1944 to replace the peso at a rate of 100 to 1, a redenomination tied directly to the Morínigo government's attempts to stabilize an economy battered by the aftermath of the Chaco War. The 50-guaraní denomination spent decades as a banknote before the chronic inflation of the late twentieth century rendered small-denomination paper impractical, pushing the figure into coinage. The shift to aluminium for this type reflects the denomination's negligible purchasing power by the time these pieces were struck.

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