Have you ever wondered how Paraguay's currency, the Guaraní (PYG), converts against the US dollar (USD)? In today's volatile economic climate, understanding exchange rate fluctuations has become crucial for both investors and everyday consumers.
Recent data shows that the current exchange rate stands at 0.000013362067 USD for 1 PYG . This means that 1 USD equals approximately 7,483.87 PYG . Such significant disparity in currency values naturally raises questions about the factors driving these fluctuations.
Analysis of the past 30 days reveals that the PYG/USD exchange rate has oscillated between 0.00013545 and 0.00012897, demonstrating a 2.58% volatility range . These movements reflect the current economic uncertainties and serve as important indicators for market observers.
Expanding the timeframe to 90 days shows the exchange rate maintaining a broader range from 0.00013545 to 0.00012491. These variations impact not just international trade but also directly affect the purchasing power of Paraguayan citizens.
For prospective international investors, comprehending the underlying causes of exchange rate volatility is essential. Both global economic conditions and local policy changes can significantly influence currency values. Careful analysis of future trends may reveal optimal moments for reinvestment to maximize returns.
When engaging in currency exchange, maintaining awareness of market developments and studying historical patterns can provide valuable insights for financial decision-making. Always verify the latest exchange rates before executing any transactions to ensure informed financial choices.