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500 Guaranies Departamento Monetário
| Issuer | Banco del Paraguay |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | 500 Guaraníes (500 PYG) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DEL PARAGUAY DEPARTAMENTO MONETÁRIO 500 EL BANCO DEL PARAGUAY RECONOCE ESTE BILLETE POR QUINIENTOS GUARANIES ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (DECRETO LEY 655 DEL 5 DE OCTUBRE DE 1943). (Translation: Bank of Paraguay Monetary Department The Bank of Paraguay recognizes this banknote for Five Hundred Guaranies This banknote has legal course and unlimited cancellation force throughout the territory of the Republic (Decree-Law 655 from October 5th., 1943).) |
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| Protection description | No watermark. |
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| Comments |
The Banco del Paraguay was a short-lived institution — established in 1936 and dissolved in 1952 when the Banco Central del Paraguay took over. This 500 Guaranies note predates the Guaraní's formal adoption as the national currency, which didn't occur until 1944; the Departamento Monetário designation reflects the transitional administrative structure in place during the final years of the old Peso-to-Guaraní conversion period.
De La Rue's London contract for Paraguayan notes during wartime is itself notable — transatlantic shipment of currency paper during active U-boat operations in the South Atlantic was a genuine logistical risk, not a routine procurement matter.