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Paraguay

Paraguayan Guarani (PYG)

38
Moderate
Risk
#63
of 171
Riskier
than 64% of currencies
36
global avg score
$820
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 5.5% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓

Economic Indicators

Inflation Rate
4.0%
Debt to GDP
Not available
GDP Growth
6.6%
Broad Money / GDP
52.3%

Banking & Stability

NPL Ratio
2.2%
Reserve Months
5.6
Current Account
-3.2%
FX Volatility
59.0

Governance & Markets

Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
21.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
67.0%

Savings Impact Calculator

PYG
Holding cash in PYG4.0% inflation
PYG 820−PYG 180 (18% purchasing power lost)
Your PYG 1,000 buys 18% less in 5 years
What if you invested PYG 1,000 instead? (5yr, in PYG terms)
USD-denominated assets gain an additional ~1.0%/yr from expected PYG depreciation vs USD
Hold USD Cash
PYG 906
PYG 94
-2.0%/yr net in PYG
S&P 500
PYG 1688
+PYG 688
range: PYG 775PYG 3309
10% USD return + 1.0% FX · ±16% vol
Gold
PYG 1541
+PYG 541
range: PYG 445PYG 4168
8% USD return + 1.0% FX · ±24% vol
Bitcoin
PYG 3181
+PYG 2181
range: PYG 194PYG 18.9k
25% USD return + 1.0% FX · ±54% vol

All values in PYG. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~1.0%/yr based on the inflation differential between Paraguay (4.0%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-07-05