Convert Paraguayan Guarani to Euro
Please provide values below to convert Paraguayan Guarani [PYG] to Euro [EUR], or Convert Euro to Paraguayan Guarani.
How to Convert Paraguayan Guarani to Euro
1 PYG = 9044.36507564208 EUR
Example: convert 15 PYG to EUR:
15 PYG = 15 × 9044.36507564208 EUR = 135665.476134631 EUR
Paraguayan Guarani to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.