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The Paraguayan Guarani (PYG) is the national currency of Paraguay, introduced in 1943 to replace the peso. Issued by the Central Bank of Paraguay, the guarani has historically experienced inflation but remains the primary means of exchange in the country. The currency is available in both banknotes and coins, although lower denominations have become less common due to inflation. Paraguay’s economy is heavily based on agriculture and hydroelectric energy, which influences the stability of the guarani.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.