What currency is used in Paraguay?
Posted on Oct 21, 2025 / Finance
Paraguay uses the Paraguayan guaraní, written as PYG. It has been the official currency since 1944. Banknotes feature national heroes, cultural symbols, and historic landmarks. Cash is commonly used, though cards and digital payments are increasingly accepted in cities like Asunción. Coins are used for smaller transactions. The guaraní’s value can fluctuate due to economic changes. The Paraguayan guaraní represents the country’s rich history and modern economy.
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