Convert Peruvian Nuevo Sol to Paraguayan Guarani
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Paraguayan Guarani
1 PEN = 0.000461312238495562 PYG
Example: convert 15 PEN to PYG:
15 PEN = 15 × 0.000461312238495562 PYG = 0.00691968357743343 PYG
Peruvian Nuevo Sol to Paraguayan Guarani Conversion Table
| Peruvian Nuevo Sol | Paraguayan Guarani |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.