The People and Stories Behind Paraguayan Banknotes
From the earliest emissions of the 1880s to modern currency in circulation today, each banknote reveals the values, struggles, and triumphs that define Paraguay as a nation.
Explore the Collection
Browse by historical era, modern currency, or discover the people who shaped Paraguay's identity
Explore the earliest Paraguayan banknotes featuring war heroes and founding figures who rebuilt the nation after the devastating War of the Triple Alliance.
Discover the people on today's Paraguayan banknotes, from educators and cultural icons to musicians and Paraguay's first saint.
Meet the war heroes, educators, artists, and spiritual leaders who are honoured on Paraguayan currency, past and present.
The Turbulent Evolution of the 50,000 Note
From a rejected dictator's portrait to a stolen shipment, discover the fascinating history of Paraguay's most controversial banknote—featuring Stroessner, the Soldier, and finally Mangoré.
About This Project
This website is a personal project by Milan Holzapfel, a German who came to Paraguay to explore the possibility of living here more permanently.
To truly understand a country and decide whether to make it home, it helps to see who is honoured on their banknotes. The faces and stories on Paraguay's currency reveal a nation defined by resilience, education, cultural pride, and enduring faith.