Convert 1 Paraguayan Guarani (PYG) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on 24th April 2019 ( 24/04/2019 )
Below you will find the latest exchange rate for exchanging Paraguayan Guarani (PYG) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Paraguayan Guarani (PYG) to Argentine Peso (ARS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official unit of currency for Paraguay is the Paraguayan guarani. The guarani is issued in denominations of 1,000, 5,000, 10,000, 50,000 and 100,000. Currency exchanges can be done at a Bureau de Change for a small fee and many hotels, airport terminals and other facilities offer foreign currency exchanges as well. It is not recommended that tourists use street changers as there is a problem with counterfeiting in the country.
About Argentine Peso (ARS)
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.