Banknotes of Paraguay

The official currency of Paraguay is the guaraní, issued by the Central Bank of Paraguay since 1944. Paper money was first introduced in the country in 1878, with the release of banknotes by various private banks. A significant event in the currency's history was the redenomination in 1990, when the guaraní was adjusted to account for hyperinflation. Collectors focus on Paraguay's banknotes due to their vibrant designs and historical significance. The 1990 series features prominent Paraguayan figures and national symbols, with the 5,000 guaraní note showcasing a striking illustration of the Ybycuí National Park, symbolizing the country’s commitment to preserving its natural heritage.