Australian Dollar to Paraguayan Guarani | Bank

The Australian Dollar (AUD) is the official currency of Australia. It is one of the most traded currencies in the world and is known as the "Aussie" in forex markets. The Australian Dollar is subdivided into 100 cents and is managed by the Reserve Bank of Australia.

The Paraguayan Guarani (PYG) is the official currency of Paraguay. Introduced in 1943, it is named after the Guarani people, the main indigenous group of Paraguay. The currency has experienced significant inflation over the years, leading to the circulation of large denominations.