Convert New Zealand Dollar to Paraguayan Guarani
Please provide values below to convert New Zealand Dollar [NZD] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to New Zealand Dollar.
How to Convert New Zealand Dollar to Paraguayan Guarani
1 NZD = 0.000216412324268233 PYG
Example: convert 15 NZD to PYG:
15 NZD = 15 × 0.000216412324268233 PYG = 0.00324618486402349 PYG
New Zealand Dollar to Paraguayan Guarani Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.