Convert Bitcoin to Paraguayan Guarani
Please provide values below to convert Bitcoin [BTC] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Bitcoin.
How to Convert Bitcoin to Paraguayan Guarani
1 BTC = 1.09566474385541e-09 PYG
Example: convert 15 BTC to PYG:
15 BTC = 15 × 1.09566474385541e-09 PYG = 1.64349711578311e-08 PYG
Bitcoin to Paraguayan Guarani Conversion Table
| Bitcoin | Paraguayan Guarani |
|---|
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.