Blue-gray on multicolor underprint. Portrait of General Bernardino Caballero to right; Coat of Arms to left; issuer name on top; face value in numbers at center.
Reverse description
National merchant fleet on background, ships in port Asunción, vessel `Lago Ypoa`. Country name on top, face value below, in numbers on corners, in letters at center (in Guarani language).
Signature(s)
Protection type
Watermark
Protection description
No watermark.
Obverse lettering
500 BANCO CENTRAL DEL 500
PARAGUAY
REPUBLICA DEL PARAGUAY
PAZ Y JUSTICIA
QUINIENTOS 500 QUINIENTOS
EL BANCO CENTRAL DEL PARAGUAY
RECONOCE ESTE BILLETE POR
500 QUINIENTOS GUARANIES
GENERAL
BERNARDINO CABALLERO
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 (in arms) Republic of Paraguay peace and justice 500 The Central Bank o fParaguay acknowledges this banknote for 500 five hundred Guaranies General Bernardino Caballero This banknote is legal tender and has unlimited cancellation value all over the Republic territory. (Decree Law# 18 from March 25th., 1952))
Reverse lettering
REPUBLICA DEL PARAGUAY
FLOTA MERCANTE
DEL ESTADO
PO SA GUARANI
FRANÇOIS-CHARLES OBERTHUR (Translation: Republic of Paraguay Merchant Fleet of the State Five hundred Guaranies (in Guarani language))