Paraguayan Peso
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Paraguayan Peso
The peso was the currency of Paraguay between 1856 and 1944. It replaced the real at a rate of 8 reales = 1 peso. Until 1870, the peso was subdivided into 8 reales. Paraguay then decimalized, with 100 ''centésimos'' = 1 peso. The name of the subdivision was changed to ''centavo'' in 1874. The peso was replaced in 1944 by the ''guaraní'' at a rate of one hundred to one. Coins In 1867, Paraguay issued its first gold coins, for 4 pesos, during the War of the Triple Alliance. Bronze coins were issued in 1870 in denominations of 1, 2 and 4 centesimos, followed in 1889 by silver 1 peso. In 1900, cupro-nickel 5, 10 and 20 centavos were introduced, followed in 1925 by cupro-nickel 50 centavos and 1 and 2 pesos. In 1938, aluminium replaced cupro-nickel in these last three denominations, with cupro-nickel 5 and 10 pesos introduced the following year. Banknotes In 1856, the National Treasury issued notes in denominations of and 4 reales, 1 and 2 pesos. These were followed by notes for 1 ...
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Paraguay
Paraguay (; ), officially the Republic of Paraguay ( es, República del Paraguay, links=no; gn, Tavakuairetã Paraguái, links=si), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. It has a population of seven million, nearly three million of whom live in the capital and largest city of Asunción, and its surrounding metro. Although one of only two landlocked countries in South America (Bolivia is the other), Paraguay has ports on the Paraguay and Paraná rivers that give exit to the Atlantic Ocean, through the Paraná-Paraguay Waterway. Spanish conquistadores arrived in 1524, and in 1537, they established the city of Asunción, the first capital of the Governorate of the Río de la Plata. During the 17th century, Paraguay was the center of Jesuit missions, where the native Guaraní people were converted to Christianity and introduced to European culture. ...
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Centavo
The centavo (Spanish and Portuguese 'one hundredth') is a fractional monetary unit that represents one hundredth of a basic monetary unit in many countries around the world. The term comes from Latin ''centum'', ('one hundred'), with the added suffix ''-avo'' ('portion'). Circulating Places that currently use the centavo include: *Argentine peso *Bolivian boliviano *Brazilian real * Cape Verdean escudo * Colombian peso *Cuban peso * Dominican peso *East Timor centavo coins *Ecuadorian centavo coins *Guatemalan quetzal *Honduran lempira * Mexican peso *Mozambican metical * Nicaraguan córdoba *Philippine peso (''In English usage; ''séntimo'' or céntimo is used in Tagalog and Spanish respectively.'') File:50 Centavos (Philippines).jpg, 50 Philippine centavos (1964) of the ''English series''. File:10 Philippine centavos (2).jpg, 10 Philippine centavos (1945), from the Commonwealth period. File:1-centavo-real-2003.png, 1 Brazilian centavo (2003), no longer produced. File:2002phi ...
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Banco Central Del Paraguay
The Central Bank of Paraguay ( es, Banco Central del Paraguay) is Paraguay's highest monetary authority, and the country's governing body, in finances and economics. Its headquarters are in Asunción's Carmelitas neighbourhood. The institution was created by Law 18/52 of March 25, 1952. In 1995, the legal frame of the Central Bank was replaced by Law 489/95. The bank manages the printing and minting of the Paraguayan currency, the guaraní. The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. In 1998, the Bank ordered the liquidation of one of the country's banks due to a severe lack of liquidity. The government sent emergency legislation to Congress to try to guarantee bank deposits and prevent a run on savin ...
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Paraguayan Real
The real was the currency of Paraguay until 1856. Initially, the Spanish colonial real circulated. This was followed, in 1813, by the Argentine real The real was the currency of Argentina until 1881. From 1822, it was subdivided into 10 ''décimos''. The sol was also issued during this period and was equal to the real, whilst the peso was worth 8 reales and the escudo was worth 16 reales. .... In 1845, Paraguay began issuing its own reales. Sixteen silver reales equaled one gold escudo. In 1856, the Paraguayan peso was introduced, worth 8 reales. The real continued to circulate as the subdivision of the peso until 1870, when Paraguay decimalized. The only coin issued for Paraguay in this currency was a copper real piece, struck in 1845. These coins were devalued to real in 1847. References * Modern obsolete currencies 1856 disestablishments 19th-century economic history Currencies of Paraguay History of Paraguay {{Paraguay-stub ...
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Paraguayan Guaraní
The guaraní (, plural: ''guaraníes''; sign: ₲; code: PYG) is the national currency unit of Paraguay. The guaraní was divided into 100 céntimos but, because of inflation, céntimos are no longer in use. The currency sign is ; if unavailable, "Gs." is used. History The law creating the guaraní was passed on 5 October 1943, and replaced the peso fuerte at a rate of ₲1 = 100 pesos fuertes. Guaraníes were first issued in 1944. Between 1960 and 1985, the guaraní was pegged to the United States dollar at ₲126 = US$1. Coins In 1944, aluminum-bronze coins were introduced in denominations of 1¢, 5¢, 10¢, 25¢ and 50¢. All were round shaped. The obverses featured a flower with "Republica del Paraguay" and the date surrounding it, except for the 50¢, which featured the lion and Liberty cap insignia. The denomination was shown on the reverses. First series: The second issue, introduced in 1953, consisted of 10¢, 15¢, 25¢ and 50¢ coins. All were again minted in ...
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Paraguayan War
The Paraguayan War, also known as the War of the Triple Alliance, was a South American war that lasted from 1864 to 1870. It was fought between Paraguay and the Triple Alliance of Argentina, the Empire of Brazil, and Uruguay. It was the deadliest and bloodiest inter-state war in Latin American history. Paraguay sustained large casualties, but the approximate numbers are disputed. Paraguay was forced to cede disputed territory to Argentina and Brazil. The war began in late 1864, as a result of a conflict between Paraguay and Brazil caused by the Uruguayan War. Argentina and Uruguay entered the war against Paraguay in 1865, and it then became known as the "War of the Triple Alliance". After Paraguay was defeated in conventional warfare, it conducted a drawn-out guerrilla resistance, a strategy that resulted in the further destruction of the Paraguayan military and the civilian population. Much of the civilian population lost their lives due to battle, hunger, and disease. The guer ...
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Asunción
Asunción (, , , Guarani: Paraguay) is the capital and the largest city of Paraguay. The city stands on the eastern bank of the Paraguay River, almost at the confluence of this river with the Pilcomayo River. The Paraguay River and the Bay of Asunción in the northwest separate the city from the Occidental Region of Paraguay and from Argentina in the south part of the city. The rest of the city is surrounded by the Central Department. Asunción is one of the oldest cities in South America and the longest continually inhabited area in the Río de la Plata Basin; for this reason it is known as "the Mother of Cities". From Asunción, Spanish colonial expeditions departed to found other cities, including the second foundation of Buenos Aires, that of other important cities such as Villarrica, Corrientes, Santa Fe, Córdoba, Santa Cruz de la Sierra and 65 more. Administratively, the city forms an autonomous capital district, not a part of any department. The metropolitan area ...
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History Of Paraguay
The history of Paraguay begins with the interaction between the early Spanish colonists and the indigenous people. The agricultural Guaraní lived in eastern Paraguay and neighboring countries and the nomadic Guaycuruan tribes lived in western Paraguay. The first Spanish explorers reached Paraguay in 1524. As Paraguay lacked mineral wealth and was isolated and land-locked, it was relatively unimportant to the Spanish. The small number of Spanish men resident in Paraguay intermarried with native women, resulting in a mestizo population. Most of the Guaraní (often called "Indians" or "Indios" in older documents) adopted the Roman Catholic religion of the Spaniards, but continued to speak the Guaraní language which along with Spanish is spoken by most people in Paraguay. In the 17th and 18th century the Jesuits established missions among the Guaraní which were called reductions. The Jesuits succeeded in spreading Christianity and giving the Guaraní some degree of protection ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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1856 Establishments In Paraguay
Events January–March * January 8 – Borax deposits are discovered in large quantities by John Veatch in California. * January 23 – American paddle steamer SS ''Pacific'' leaves Liverpool (England) for a transatlantic voyage on which she will be lost with all 186 on board. * January 24 – U.S. President Franklin Pierce declares the new Free-State Topeka government in " Bleeding Kansas" to be in rebellion. * January 26 – First Battle of Seattle: Marines from the suppress an indigenous uprising, in response to Governor Stevens' declaration of a "war of extermination" on Native communities. * January 29 ** The 223-mile North Carolina Railroad is completed from Goldsboro through Raleigh and Salisbury to Charlotte. ** Queen Victoria institutes the Victoria Cross as a British military decoration. * February ** The Tintic War breaks out in Utah. ** The National Dress Reform Association is founded in the United States to promote "rational" dress for ...
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1944 Disestablishments In South America
Events Below, the events of World War II have the "WWII" prefix. January * January 2 – WWII: ** Free France, Free French General Jean de Lattre de Tassigny is appointed to command First Army (France), French Army B, part of the Sixth United States Army Group in North Africa. ** Landing at Saidor: 13,000 US and Australian troops land on Papua New Guinea, in an attempt to cut off a Japanese retreat. * January 8 – WWII: Philippine Commonwealth troops enter the province of Ilocos Sur in northern Luzon and attack Japanese forces. * January 11 ** President of the United States Franklin D. Roosevelt proposes a Second Bill of Rights for social and economic security, in his State of the Union address. ** The Nazi German administration expands Kraków-Płaszów concentration camp into the larger standalone ''Konzentrationslager Plaszow bei Krakau'' in occupied Poland. * January 12 – WWII: Winston Churchill and Charles de Gaulle begin a 2-day conference in Marrakech ...
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