Country Guides
Paraguay
Money
Money
Paraguay
Currency
Guaraní (PYG; symbol Gs). Notes are in denominations of Gs100,000, 50,000, 20,000, 10,000, 5,000 and 1,000. Coins are in denominations of Gs500, 100, 50, 10 and 5.
Currency Exchange
Paraguay maintains a free monetary exchange policy and the purchase and sale of foreign currencies is not subject to any controls or regulations. US Dollars, which are more easily negotiable than Pounds Sterling, are widely accepted throughout the country. Travellers are advised to use an official bureau de change and not deal with people offering services on the street as false banknotes are common.
Credit/Debit Cards and ATMs
American Express, MasterCard and Visa are widely accepted (though not in smaller hotels), while Diners Club has more limited use. ID is required, such as a passport, when making a purchase with a credit card. ATMs are widespread; many accept Cirrus, Maestro and Visa cards.
Traveller's Cheques
US Dollar traveller's cheques are not widely used in Paraguay.
Banking Hours
Mon-Fri 0845-1500.
Exchange Rate Indicators
Date
Apr 09
£1.00=
Gs7,443.36
$1.00=
Gs5,010.00
€1.00=
Gs6,639.09
Currency
Guaraní (PYG; symbol Gs). Notes are in denominations of Gs100,000, 50,000, 20,000, 10,000, 5,000 and 1,000. Coins are in denominations of Gs500, 100, 50, 10 and 5.
Currency Exchange
Paraguay maintains a free monetary exchange policy and the purchase and sale of foreign currencies is not subject to any controls or regulations. US Dollars, which are more easily negotiable than Pounds Sterling, are widely accepted throughout the country. Travellers are advised to use an official bureau de change and not deal with people offering services on the street as false banknotes are common.
Credit/Debit Cards and ATMs
American Express, MasterCard and Visa are widely accepted (though not in smaller hotels), while Diners Club has more limited use. ID is required, such as a passport, when making a purchase with a credit card. ATMs are widespread; many accept Cirrus, Maestro and Visa cards.
Traveller's Cheques
US Dollar traveller's cheques are not widely used in Paraguay.
Banking Hours
Mon-Fri 0845-1500.
Exchange Rate Indicators
| Date | Apr 09 |
| £1.00= | Gs7,443.36 |
| $1.00= | Gs5,010.00 |
| €1.00= | Gs6,639.09 |
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