Convert Philippine Peso to Paraguayan Guarani
Please provide values below to convert Philippine Peso [PHP] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Philippine Peso.
How to Convert Philippine Peso to Paraguayan Guarani
1 PHP = 0.00738347243389994 PYG
Example: convert 15 PHP to PYG:
15 PHP = 15 × 0.00738347243389994 PYG = 0.110752086508499 PYG
Philippine Peso to Paraguayan Guarani Conversion Table
| Philippine Peso | Paraguayan Guarani |
|---|
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets 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.