Convert United States Dollar to Paraguayan Guarani
Please provide values below to convert United States Dollar [USD] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to United States Dollar.
How to Convert United States Dollar to Paraguayan Guarani
1 USD = 0.000129665862353645 PYG
Example: convert 15 USD to PYG:
15 USD = 15 × 0.000129665862353645 PYG = 0.00194498793530467 PYG
United States Dollar to Paraguayan Guarani Conversion Table
| United States Dollar | Paraguayan Guarani |
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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.
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.