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Means of payment
The Paraguayan money is called Guaraní and is divided in 100 Centimes. In circulation are bills of 5,000, 10,000, 20,000, 50,000 and 100.000 Guaraníes, besides coins of 100, 500 and 1,000 Guaraníes. In May 2008 the exchange rate was 4,000 Guaraníes to 1 US $.
Guaraníes and foreign money can be transferred without any limitation. In all the banks and in most of the shops, credit cards and traveller-checks are accepted.
Paraguay is a big "duty-free-shop". You can use the local currency, but the American Dollar is more and more accepted. Cigarettes, alcohol beverages, meat, gas oil, electronic stuff and trade mark clothing are worth the money. Arts and crafts items are quiet cheap, also.




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