Money and duty free for Paraguay

Currency and Money

Currency information

Guaraní (PYG; symbol Gs). Notes are in denominations of Gs100,000, 50,000, 20,000, 10,000, 5,000 and 1,000. Coins are in denominations of Gs500, 100, 50, 10 and 5.

Credit cards

American Express, MasterCard and Visa are widely accepted (though not in smaller hotels), while Diners Club has more limited use. ID is required, such as a passport, when making a purchase with a credit card. ATMs are widespread; many accept Cirrus, Maestro and Visa cards.

ATM

ATMs are widespread; many accept Cirrus, Maestro and Visa cards.

Travellers cheques

US Dollar traveller's cheques are not widely used in Paraguay.

Banking hours

Mon-Fri 0845-1500.

Currency restrictions

There are no restrictions on the import or export of local or foreign currency.

Currency exchange

Paraguay maintains a free monetary exchange policy and the purchase and sale of foreign currencies is not subject to any controls or regulations. US Dollars, which are more easily negotiable than Pounds Sterling, are widely accepted throughout the country. Travellers are advised to use an official bureau de change and not deal with people offering services on the street as false banknotes are common.

Paraguay duty free

Overview

The following items may be imported into Paraguay without incurring customs duty:

• Goods to the value of US$300 (if arriving by air or water) or US$150 (if arriving by land).