Convert Paraguayan Guarani to Swiss Franc
Please provide values below to convert Paraguayan Guarani [PYG] to Swiss Franc [CHF], or Convert Swiss Franc to Paraguayan Guarani.
How to Convert Paraguayan Guarani to Swiss Franc
1 PYG = 9702.01295760473 CHF
Example: convert 15 PYG to CHF:
15 PYG = 15 × 9702.01295760473 CHF = 145530.194364071 CHF
Paraguayan Guarani to Swiss Franc Conversion Table
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.