Catalog
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| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1997 |
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| Composition | Log in to see details |
| Size | 157 × 67 mm |
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|---|---|
| Obverse lettering | 5000 BANCO CENTRAL DEL 5000 BANCO CENTRAL DEL PARAGUAY REPUBLICA DEL PARAGUAY PAZ Y JUSTICIA EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR CINCO MIL GUARANIES SERIE 1997 ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA ILIMITADA EN TODO EL TERRITORIO DE LA REPUBLICA (LEY 489 DEL 29 DE JUNIO DE 1995) THOMAS DE LA RUE & COMPANY. LIMITED. (Translation: Central Bank of Paraguay The Central Bank of Paraguay acknowledges this banknote for Five Thousand Guaranies Series 1997 This banknote is legal tender and has unlimited cancellation value all over the Republic territory. (Law# 489 from June 29th., 1995).) |
| Reverse description | Orange-brown intaglio print. Central vignette presents the Palacio de los López, the official presidential residence in Asunción, rendered in detailed architectural illustration. Denomination numerals and the inscriptions "REPÚBLICA DEL PARAGUAY" and "PALACIO DE LOS LÓPEZ" frame the central vignette. |
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| Comments |
The Guaraní was introduced in 1944, replacing the Peso at a rate of 100 to 1 following decades of post-war economic instability that had badly eroded public confidence in Paraguayan currency. By the mid-1990s, inflation had pushed denominations into the thousands, and the 5000 Guaranies note entered circulation as an everyday working denomination rather than a high-value reserve piece — meaning worn examples are the rule, not the exception.
Thomas De La Rue's involvement here is unsurprising; the firm printed the bulk of Paraguay's note series through this period. The watermark remains the sole listed security feature, modest even by regional standards of the time.