Paraguayan Guaraní (PYG) Profile
Currency name:
Paraguayan guaraní PYG converter to world currencies »
Currency code:
Currency symbol:
Subunit:
1/100, céntimo (no longer in use)
Coins freq used:
50 guaranies, 100 guaranies, 500 guaranies, 1000 guaranies
Coins rarely used:
Banknotes freq used:
2000 guaranies, 5000 guaranies, 10000 guaranies, 20000 guaranies, 50000 guaranies, 100000 guaranies
Banknotes rarely used:
Central bank:
Banco Central del Paraguay (www.bcp.gov.py)
Currency users:
Currency notes:
plural of guarani: guaranies.
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Currency user map:
Users:
The Paraguayan Guaraní (PYG) is the official currency of Paraguay. It is the legal tender used for all transactions within the country.
History:
The Guaraní was first introduced in 1943, replacing the Paraguayan peso at a rate of 1 Guaraní = 100 Pesos.
Paraguay is a landlocked country in South America known for its unique cultural heritage, including Guarani indigenous influences.
Coins and Banknotes:
The Paraguayan Guaraní is subdivided into 100 céntimos, although céntimos coins are not commonly used nowadays.
Coins:
Coins currently in circulation are 50, 100, 500, and 1000 Guaraníes.
Banknotes:
The most commonly used banknotes are 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 Guaraníes.
Each banknote typically features important cultural, historical symbols, and landmarks of Paraguay.