Paraguay 1 Guaraní 1952 (1963) Pick 193b UNC Banknote

The Paraguay 1 Guaraní Pick 193b is a vintage South American banknote from the 1952 series, with this particular variety attributed to 1963.

Issued by the Banco Central del Paraguay, it represents an early period in the history of the Guaraní, one of South America’s longest-standing national currencies.

Preserved in uncirculated condition, this banknote offers collectors an opportunity to acquire an original example of Paraguay’s mid-twentieth-century paper money.

Historical Background

Paraguay introduced the Guaraní in 1944, replacing the Paraguayan Peso at a rate of 1 Guaraní to 100 Pesos.

The new currency took its name from the Guaraní people, whose language and cultural heritage remain central to Paraguay’s national identity.

During the 1950s and 1960s, the Banco Central del Paraguay issued a range of paper denominations, including the 1 Guaraní note.

This example belongs to the series dated 1952, with the Pick 193b variety attributed to 1963.

Banknote Specifications

Obverse

The obverse reflects the traditional engraving and typography characteristic of Paraguayan banknotes from the mid-twentieth century.

The design incorporates the denomination, the issuing bank’s name and decorative elements typical of the country’s historic paper currency.

Reverse

The reverse continues the formal artistic style of the 1952 series, combining national symbolism with the denomination and identifying inscriptions.

Its vintage appearance makes the note particularly suitable for collectors interested in traditional South American banknote design.

The Paraguayan Guaraní

The Guaraní remains Paraguay’s national currency today, using the international currency code PYG.

Originally divided into 100 Céntimos, the currency has experienced substantial inflation since its introduction. As a result, low denominations such as the 1 Guaraní have disappeared from everyday circulation.

This banknote illustrates a period when a single Guaraní still represented a practical denomination within Paraguay’s monetary system.

Why Add This Banknote to Your Collection?

The Paraguay 1 Guaraní 1952 (1963) P193b UNC banknote combines historical interest with the appeal of a discontinued denomination.

It is particularly suitable for collectors of Paraguayan currency, vintage South American banknotes, early Guaraní issues and twentieth-century paper money.

Its uncirculated condition helps preserve the original printing details and overall appearance of this historic note.