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50 Guaranies Banco Central del Paraguay
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1952-1961 |
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| Reference(s) | P#188 |
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|---|---|
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| Reverse lettering | REPUBLICA DEL PARAGUAY 50 CINCUENTA GUARANIES (Translation: Republic of Paraguay Fifty Guaranies) |
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| Protection type | Watermark |
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| Comments |
Paraguay's Banco Central was itself only established in 1952, making this 50 Guaraníes among the earliest notes issued under the new central banking framework that replaced the older Banco del Paraguay y Río de la Plata arrangements. The number of distinct signature combinations — six across the series — reflects the considerable ministerial and bank-presidency turnover during Stroessner's consolidation of power through the late 1950s.
The shift from notes without fibres to those with fibres at right marks a mid-run paper stock change by De La Rue, and collectors use it as the primary tool for sequencing issues within the series alongside the signature pairings.