The currency of Paraguay is the Paraguayan 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. Credit cards are becoming more widely accepted with larger hotels and restaurants accepting MasterCard, Visa, and, in some cases, American Express. There are numerous ATMs in urban centres, which generally take Cirrus, Maestro, and Visa cards, but visitors who use them are advised to be vigilant due to the risk of crime. Banks are open on weekdays only between about 8.45am and 3pm.
Currency Exchange Rates
|Paraguay||PYG 1||PYG 5||PYG 10||PYG 100||PYG 1,000|
|Australia||AUD 0.02||AUD 0.23||AUD 2.30||AUD 22.96||AUD 229.65|
|Canada||CAD 0.02||CAD 0.22||CAD 2.17||CAD 21.75||CAD 217.47|
|Ireland||EUR 0.01||EUR 0.14||EUR 1.44||EUR 14.43||EUR 144.29|
|New Zealand||NZD 0.02||NZD 0.24||NZD 2.44||NZD 24.42||NZD 244.21|
|South Africa||ZAR 0.23||ZAR 2.32||ZAR 23.21||ZAR 232.06||ZAR 2,320.55|
|United Kingdom||GBP 0.01||GBP 0.12||GBP 1.25||GBP 12.49||GBP 124.91|
|United States of America||USD 0.02||USD 0.16||USD 1.62||USD 16.15||USD 161.51|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.