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50 Pesos Fuertes Coat of Arms with Lion
| Issuer | Banco de la República del Paraguay |
|---|---|
| Year | 1936 |
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| Composition | Log in to see details |
| Size | 130 × 75 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DEL PARAGUAY LA NACION RECONOCE ESTE BILLETE POR 50 CINCUENTA PESOS FUERTES QUE PAGARA CONFORME A LA LEY Nº 550 DE 25 DE OCTUBRE DE 1923 POR EL BANCO DE LA REPUBLICA DEL PARAGUAY (Translation: Republic of Paraguay The Nation Recognizes this Banknote by Fifty Pesos Fuertes that you will pay in accordance with Law no. 550 of October 25, 1923 for the Bank of the Republic Of Paraguay) |
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| Protection type | Watermark |
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| Comments |
The Banco de la República del Paraguay was established in 1936 following the dissolution of the Oficina de Cambios, itself a wartime monetary arrangement born of the Chaco War with Bolivia (1932–1935). This note belongs to the bank's inaugural emission — the institution had existed for months, not years, when these were placed in circulation. Paraguay's economy was severely strained by that conflict, and the new central bank was as much a post-war stabilization instrument as a conventional banking authority.
ABNC printed the series under their standard engraved intaglio process. The watermark security was modest for the period, though Paraguay's remote geography and limited banking infrastructure made sophisticated counterfeiting a marginal concern compared to simple currency shortage.