Convert Malaysian Ringgit to Paraguayan Guarani
Please provide values below to convert Malaysian Ringgit [MYR] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Paraguayan Guarani
1 MYR = 0.000548668129963212 PYG
Example: convert 15 MYR to PYG:
15 MYR = 15 × 0.000548668129963212 PYG = 0.00823002194944818 PYG
Malaysian Ringgit to Paraguayan Guarani Conversion Table
| Malaysian Ringgit | Paraguayan Guarani |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.