Convert British Pound Sterling to Paraguayan Guarani
Please provide values below to convert British Pound Sterling [GBP] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to British Pound Sterling.
How to Convert British Pound Sterling to Paraguayan Guarani
1 GBP = 9.59786713141678e-05 PYG
Example: convert 15 GBP to PYG:
15 GBP = 15 × 9.59786713141678e-05 PYG = 0.00143968006971252 PYG
British Pound Sterling to Paraguayan Guarani Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.