PYG · PYG
Paraguayan guaraní (PYG)
The Paraguayan Guarani (PYG) is the official currency of Paraguay, issued by the Central Bank of Paraguay.
Convert this currency
Converted amount
0.0002 USD
Exchange rate
1 PYG = 0.000169 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
PYG · Paraguayan guaraní
Paraguayan Guarani (PYG) Overview
The Paraguayan Guarani (PYG) has been the official currency of Paraguay since 1944, when it replaced the peso. The currency is issued and regulated by the Central Bank of Paraguay (Banco Central del Paraguay). The guarani is subdivided into 100 céntimos, although due to inflation, céntimos are no longer used in practice. The currency symbol is ₲, and its ISO code is PYG.
Historically, the guarani has experienced periods of high inflation and devaluation, which have shaped its current role in the economy. Today, the guarani is used in all cash transactions within Paraguay, and its exchange rate is determined by market forces, with the central bank intervening to maintain stability. The currency is also used in border areas of neighboring countries, reflecting Paraguay's economic integration.
As a legal tender, the guarani is essential for daily commerce, and its stability is crucial for economic growth. The Central Bank of Paraguay implements monetary policies to control inflation and support the currency's value. While the guarani is not a major reserve currency, it plays a vital role in Paraguay's economy and is a key indicator of the country's financial health.
- Code
- PYG
- Symbol
- PYG
- Current rate
- USD / PYG
Currency information
Last updated · 8/7/2026
The guaraní was introduced in 1944, replacing the peso.
- Official name
- Guaraní
- Legal tender status
- Legal tender in Paraguay
- Decimal places
- 0
- Minor unit
- céntimo · 1 PYG = 100 céntimo
- Countries
- Paraguay
- Issuing authority
- Central Bank of Paraguay
- Central bank
- Central Bank of Paraguay · Official website
- Exchange-rate regime
- Floating exchange rate
Common banknotes
₲ 2,000 · ₲ 5,000 · ₲ 10,000 · ₲ 20,000 · ₲ 50,000 · ₲ 100,000
Common coins
₲ 50 · ₲ 100 · ₲ 500 · ₲ 1,000
Also known as
PYG · Guaraní · Paraguayan guaraní · ₲
Practical notes
- The guaraní is the only official currency of Paraguay.
- Prices are often quoted in guaraníes, but US dollars are also accepted in some places.
Priority currency pairs
The most useful conversions for this currency.
Paraguayan guaraní questions
What is the PYG exchange rate?
The displayed rate is the latest available reference rate for USD/PYG. It can change throughout the day.
How can I convert PYG online?
Use the converter above to calculate indicative amounts between PYG and the other supported currencies.