Convert Paraguayan Guarani to Chinese Yuan
Please provide values below to convert Paraguayan Guarani [PYG] to Chinese Yuan [CNY], or Convert Chinese Yuan to Paraguayan Guarani.
How to Convert Paraguayan Guarani to Chinese Yuan
1 PYG = 1075.02615035058 CNY
Example: convert 15 PYG to CNY:
15 PYG = 15 × 1075.02615035058 CNY = 16125.3922552586 CNY
Paraguayan Guarani to Chinese Yuan Conversion Table
| Paraguayan Guarani | Chinese Yuan |
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).