1000 Paraguayan Guarani to US Dollar | Bank

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.

The US dollar (USD) is the official currency of the United States of America (USA). It is the most widely used currency in international transactions and is the world's reserve currency. The US dollar is issued by the Federal Reserve System (Fed) and is divided into 100 cents. It is known for its stability and global influence in the financial markets.