Paraguayan Guaraní (PYG) Profile

Currency name

Currency code

Currency symbol

Paraguayan guaraní 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.

Currency user list

Users:

The Paraguayan Guaraní (PYG) is the official currency of Paraguay. It is the legal tender used for all transactions within the country.

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.

The Paraguayan Guaraní is subdivided into 100 céntimos, although céntimos coins are not commonly used nowadays.

Coins currently in circulation are 50, 100, 500, and 1000 Guaraníes.

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.