The currency of Paraguay is the Guarani (PYG). United States dollars are also widely accepted. Visitors are advised to use banks or official Bureaux de Change for exchanging money rather than street exchange kiosks because there are many counterfeit notes in circulation. Travellers cheques are more easily exchanged with proof of purchase receipts. Credit cards are not widely accepted, but some hotels and touristic restaurants take MasterCard, Visa and American Express. There are numerous ATMs in urban centres, which take Cirrus, Maestro and Visa cards, but visitors who use them are advised to be cautious and vigilant because of the risk of crime. Banks are open on weekdays only between 7.30am and 11am.
Currency Exchange Rates
|Paraguay||PYG 100||PYG 1,000||PYG 10,000||PYG 100,000||PYG 1,000,000|
|Australia||A$ 0.02||A$ 0.25||A$ 2.47||A$ 24.71||A$ 247.10|
|Canada||C$ 0.02||C$ 0.23||C$ 2.35||C$ 23.46||C$ 234.57|
|Ireland||€ 0.02||€ 0.16||€ 1.63||€ 16.35||€ 163.47|
|New Zealand||NZ$ 0.03||NZ$ 0.27||NZ$ 2.69||NZ$ 26.95||NZ$ 269.46|
|South Africa||R 0.25||R 2.54||R 25.37||R 253.73||R 2,537.28|
|United Kingdom||£ 0.01||£ 0.12||£ 1.16||£ 11.56||£ 115.60|
|United States of America||US$ 0.02||US$ 0.18||US$ 1.76||US$ 17.60||US$ 176.03|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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