The European currency continues its downward trend in the Paraguayan market. This Saturday, the Euro registered another decline, consolidating a significant drop throughout the year and adjusting values for local savers and businesses across the country.

European Currency Market Update

The Euro started this Saturday with a slight downward correction in Paraguay. For those unfamiliar with the local economy, the Guaraní (PYG) is the official currency of Paraguay, and its relationship with the Euro is key for imports, exports, and tourism.

According to recent reports, the European currency is currently trading at 6,599 guaraníes. This represents a decrease of 0.16% compared to the closing rate on Friday, October 2nd, when it stood at 6,609 guaraníes.

Immediate Impact

This fluctuation directly affects exchange operations and the value of assets denominated in Euros within the national territory.

Quick Reference Exchange Table

Amount in Euros (€) Equivalent in Guaraníes (PYG)
1 € 6,599 PYG
100 € 659,862 PYG
1,000 € 6,598,617 PYG

The Annual Perspective

The most striking data for Euro holders is the yearly trend. The Euro has experienced a considerable wear-and-tear in Paraguay during 2026, driven by various economic factors:

  • Accumulated Annual Drop: The currency registered a negative variation of 18.54%.
  • Starting Point: At the beginning of the year, the Euro was quoted at 8,100 guaraníes.
  • Current Status: The currency remains far from its annual highs, reflecting a sustained loss of value against the Guaraní.

Source: IMAGO