Convert Paraguayan Guarani to Bermudan Dollar
Please provide values below to convert Paraguayan Guarani [PYG] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Paraguayan Guarani.
How to Convert Paraguayan Guarani to Bermudan Dollar
1 PYG = 7712.1301 BMD
Example: convert 15 PYG to BMD:
15 PYG = 15 × 7712.1301 BMD = 115681.9515 BMD
Paraguayan Guarani to Bermudan Dollar Conversion Table
| Paraguayan Guarani | Bermudan Dollar |
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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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.