Paraguay Banknotes

Explore a fascinating and highly collectable range of Paraguay banknotes, featuring both modern currency and historic paper money issued by the Central Bank of Paraguay. The official currency, the Paraguayan guaraní (PYG), is one of the most historically significant currencies in South America, introduced in 1943 and still in circulation today.

From early post-war issues to modern high-denomination notes, Paraguayan banknotes are widely collected for their long history, evolving designs, and strong national identity, making them an interesting and rewarding area of world paper money collecting.

A Currency with Deep Historical Roots

The guaraní was introduced on 5 October 1943, replacing the Paraguayan peso as part of a major monetary reform designed to stabilise the national economy and reinforce financial independence.

Early banknotes were issued in denominations including 1, 5, 10, 50, 100, 500, and 1,000 guaraníes, with later expansions reflecting economic growth and inflation over time.

Today, circulating banknotes include:

• 2,000 guaraníes
• 5,000 guaraníes
• 10,000 guaraníes
• 20,000 guaraníes
• 50,000 guaraníes
• 100,000 guaraníes

Each issue reflects Paraguay’s evolving economy and cultural identity, with modern notes featuring improved security and updated designs.

Design, Culture, and National Identity

Paraguayan banknotes are known for their detailed and meaningful artwork, often featuring:

• National heroes and historical leaders
• Cultural symbols and indigenous heritage
• Important landmarks and national institutions
• Vibrant engraving and modern security features

Many designs also highlight Paraguay’s independence history and key figures who shaped the nation’s development, making each note a small piece of national storytelling.

Why Collect Paraguay Banknotes?

Paraguay banknotes are highly sought after by collectors of:

• World paper money
• South American currency collections
• Inflation-era and high-denomination notes
• Historic and modern banknote series

Their long circulation history, combined with multiple redesigns and denomination changes, makes them especially appealing to collectors interested in economic evolution.

Graded & Collectable Notes

At The London Coin Company, we offer a carefully selected range of Paraguay banknotes in collectable condition, including both modern issues and earlier series suitable for world currency collectors.

Whether you are looking for:

• Modern guaraní banknotes (2,000 to 100,000)
• Earlier historic issues from older series
• Crisp uncirculated examples
• High-grade world paper money

…you’ll find a curated selection ideal for both new and experienced collectors.

A Unique Addition to World Currency Collecting

Paraguay banknotes stand out for their long-standing monetary history, distinctive designs, and strong cultural identity. Each note reflects a different chapter in the country’s financial evolution, making them a rewarding addition to any world banknote collection.

Browse our available Paraguay banknotes below and add a distinctive piece of South American monetary history to your collection today.