Today celebrated as Paraguay’s National Day, which is known locally as “Dia de la Independencia Nacional”? On this day in 1811, the land-locked country nicknamed “The Heart of South America” declared its independence. The day is also known as the Flag Day of the Country as the flag was adopted on this day in 1842.
The flag of Paraguay was first adopted in 1842. Its design, a red–white–blue triband, believed to signify independence and liberty. The flag is unusual because it differs on its obverse and reverses sides: the obverse of the flag shows the national coat of arms, and the reverse shows the seal of the treasury.
The colors of the flag are believed to be inspired by the flag of France to show independence and liberty, and the coat of arms represents the independence of Paraguay. The emblem on the reverse side is the seal of the treasury: a yellow lion below a red Phrygian cap on the top of a pole (symbolizing courage) and the words Paz y Justicia ("Peace and Justice").
The Bank of Paraguay issued 2000 guaranies banknote which depicts the independence parade where the participants are waving the national flag.
Image Courtesy: Colnect