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Replying to Avatar Alezkar

Interestingly, when Paraguay left the gold standard in 1941, we pegged our currency (the Paraguayan peso) to the Argentine peso. On October 5, 1943, the guarani was introduced at a rate of ₲126 = US$1 (currently ₲7,775 = US$1). We still use the guarani and have never removed any zeroes from the currency.

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BowTiedMara 1y ago

Yes it’s one of the most stable currencies in Latam

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