Convert Paraguayan Guarani to United States Dollar
Please provide values below to convert Paraguayan Guarani [PYG] to United States Dollar [USD], or Convert United States Dollar to Paraguayan Guarani.
How to Convert Paraguayan Guarani to United States Dollar
1 PYG = 7712.1301 USD
Example: convert 15 PYG to USD:
15 PYG = 15 × 7712.1301 USD = 115681.9515 USD
Paraguayan Guarani to United States Dollar 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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.