Paraguayan guaraní

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**Paraguayan guaraní**
**guaraní (Spanish)**
ISO 4217 Code	`PYG`
User(s)	Paraguay
Inflation	5%
Source	EconStats, 2006 est.
Subunit
1/100	céntimo because of inflation, céntimos are no longer in use.
Symbol	₲
Plural	guaraníes
Coins
Freq. used	50, 100, 500 guaraníes
Rarely used	1, 5, 10 guaraníes ^{[citation needed]}
Banknotes	1000, 5000, 10 000, 50 000, 100 000 guaraníes
Central bank	Banco Central del Paraguay
Website	www.bcp.gov.py
Printer	Banco Central del Paraguay
Website	www.bcp.gov.py
Mint	Banco Central del Paraguay
Website	www.bcp.gov.py

The guaraní (plural: guaraníes; ISO 4217 code PYG) is the national currency unit of Paraguay, commonly written ₲. The guaraní was divided into 100 céntimos, but because of inflation, céntimos are no longer in use.

A law creating the guaraní was passed on 5 October 1943, to replace the peso at a rate of 1 guaraní = 100 pesos. Guaraníes were first issued in 1944. The currency is named after one of Paraguay's indigenous tribes. From 1960 to 1982 the guaraní was pegged to the United States dollar at 126 PYG to 1 USD.

Current PYG exchange rates

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Currencies of the Americas
Northern America	Bermuda dollar \| Canadian dollar \| Danish krone (Greenland) \| Euro (Saint-Pierre et Miquelon) \| US dollar \| Mexican peso
Central America <td> Belize dollar \| Costa Rican colón \| Guatemalan quetzal \| Honduran lempira \| Nicaraguan córdoba \| Panamanian balboa \| US dollar (El Salvador)
Caribbean	Aruban florin \| Bahamian dollar \| Barbados dollar \| Cayman Islands dollar \| Cuban peso \| Cuban convertible peso \| Dominican peso \| East Caribbean dollar \| Euro (Guadeloupe, Martinique) \| Haitian gourde \| Jamaican dollar \| Netherlands Antillean gulden \| Trinidad and Tobago dollar \| US dollar (British Virgin Islands, Puerto Rico, Turks and Caicos Islands, U.S. Virgin Islands)
South America	Argentine peso \| Bolivian boliviano \| Brazilian real \| Chilean peso \| Colombian peso \| Euro (French Guiana) \| Falkland Islands pound \| Guyanese dollar \| Paraguayan guaraní \| Peruvian nuevo sol \| Suriname dollar \| US dollar (Ecuador) \| Uruguayan peso \| Venezuelan bolívar
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