Banknote Paraguay 500 Guaraníes - General Bernardino Caballero - Port of Asunción - 1982?1995 - Series A

This 500 guaranies banknote was issued by Paraguay during the period 1982 to 1995, belonging to Series A. It stands as a testament to Paraguayan monetary policy of that era, a period marked by significant economic and political transformations in the country.

The obverse of the banknote is adorned with the portrait of General Bernardino Caballero, a major historical figure of Paraguay. A Paraguayan military officer and statesman born in 1839, Caballero distinguished himself during the War of the Triple Alliance (1864-1870) before becoming President of Paraguay from 1880 to 1886. He is also the founder of the Colorado Party, a political movement that has lastingly shaped the country's political history. His effigy on this banknote reflects the importance accorded to his memory in the Paraguayan national consciousness.

The reverse of the banknote depicts a view of the Port of Asunción, the capital of Paraguay. This iconographic choice illustrates the strategic and economic importance of this river port located on the río Paraguay, which has historically been one of the main axes of trade and exchange between the country and its neighbours. The representation of this infrastructure underlines the central role of the waterway in the Paraguayan national economy.

The banknote has a face value of 500 guaranies, the official monetary unit of Paraguay introduced in 1943. Weighing 1 gram, this banknote conforms to the paper money manufacturing standards in force for denominations of this generation. Its emission longevity of over a decade reflects the stability of this type within Paraguayan monetary circulation during the late 20th century.