CHF to PYG
Currency conversion rates from CHF to PYG
|1 CHF||1 PYG|
|5 CHF||5 PYG|
|10 CHF||10 PYG|
|20 CHF||20 PYG|
|50 CHF||50 PYG|
|100 CHF||100 PYG|
|250 CHF||250 PYG|
|500 CHF||500 PYG|
|1000 CHF||1000 PYG|
|2000 CHF||2000 PYG|
|5000 CHF||5000 PYG|
|10000 CHF||10000 PYG|
|1 PYG||1 CHF|
|5 PYG||5 CHF|
|10 PYG||10 CHF|
|20 PYG||20 CHF|
|50 PYG||50 CHF|
|100 PYG||100 CHF|
|250 PYG||250 CHF|
|500 PYG||500 CHF|
|1000 PYG||1000 CHF|
|2000 PYG||2000 CHF|
|5000 PYG||5000 CHF|
|10000 PYG||10000 CHF|
CHF - Swiss Franc (SFr.)
The Swiss franc is the currency of Switzerland. The most popular Swiss franc exchange is with the euro. The franc is represented by the sign ‘Fr’ or ‘SFr’ or ‘FS’, and its currency code is CHF. The Swiss franc is fiat currency, and its conversion factor has 6 significant digits. The Swiss franc is called franken in German, the franc in French and Romansh, and the franco in Italian.
The official currency of Switzerland is the Swiss Franc (CHF). The Swiss Franc is the only Franc still issued in the European countries. The Franc is subdivided into 100 centimes. The symbol used for the Franc is Fr. Banknotes are issued by the Swiss National Bank and coins are issued by the Swiss Mint.
The Swiss Franc is the currency in Switzerland (CH, CHE), and Liechtenstein (LI, LIE). The symbol for CHF can be written SwF, and SFr. The Swiss Franc is divided into 100 rappen (centimes). The exchange rate for the Swiss Franc was last updated on Today from The International Monetary Fund. The CHF conversion factor has 6 significant digits.
- Switzerland’s economy is seen as a safe haven and is rated as the safest economy in the world.
- The economy is dependent on foreign investments.
- The unemployment rate is estimated at 3%.
- The main industries are watches, chemicals, textiles, machinery, and precision instruments.
- Export products are agricultural products, metals, chemicals, watches, and machinery.
- Import products are vehicles, metals, textiles, machinery, and agricultural products.
- Switzerland’s tourism infrastructure is highly developed.
- Approximately 28% of all offshore funds are banked in Switzerland.
- The country is neutral and is not part of the European Union.
- In 1848, Switzerland declared that the Federal Government of Switzerland will be the official issuer of the Swiss Franc.
- In 1850, the first Swiss Franc was introduced; it was on par with the French Franc.
- In 1865, Switzerland became part of the Latin Monetary Union, which consisted of France, Italy, Switzerland, and Belgium.
- Switzerland decided to become part of the Brent Wood System in 1945. The Franc was pegged to the US Dollar at 4.375 Francs = 1 USD.
- From 2003 to 2006, the Swiss Franc was stable against the Euro.
- In 2008, the Swiss Franc was valued higher than the USD.
- In 2010, the 9th series of Francs was introduced.
- In 2011, the European Union stated that the “Franc is a threat to the economy” and this caused the Franc to plunge.
PYG - Paraguayan Guarani (₲)
The Guaraní is the official currency of Paraguay. It was subdivided into 100 céntimos, but they are no longer in use.
The Paraguay Guarani is the currency in Paraguay (PY, PRY). The symbol for PYG can be written G. The Paraguay Guarani is divided into 100 centimos. The exchange rate for the Paraguay Guarani was last updated on May 24, 2019 from Yahoo Finance. The PYG conversion factor has 5 significant digits.
- Paraguay owns an economical market that is characterized with a huge non-formal region.
- Agriculture dictates the economic system, however inequal land partition has caused in a huge area of peasant farm workers.
- A large proportion of the inhabitants is uninvolved within the formal economy; instead working in agriculture.
- Lately, the economic system has grown because of increased agrarian exports, particularly soybeans.
- Fiscal fluctuations, particularly in financial policy, have helped to develop Paraguay’s economic state.
- Paraguay benefits from the increased wealth of a younger population as well as huge hydroelectric capability. However, very few natural resources and political instabilitystate has undercut many of the country's economic advantages at present.
- Paraguay was probably the most agrarian economic system within South America, and that region influenced with the efficiency of just about every single area of the economic state.
- The primary Guaraní notes had been of fifty céntimos, 1o, 5, and 1 Guaraní over stamped on 50, a hundred, 500, and one thousand Pesos since 1943.
- The currency family further expanded with the issuance of 5,000 and 10,000 Guaranies.
- The 1982 revision added denominations within the Guaraní language to the reverses.
- The first 50,000 Guaraníes banknotes were circulated in 1990, as well as 100, 000 Guaraníes in 1998.
- Modern 50,000 Guaraníes banknotes were issued in 2005, however several forgeries came into existance prior to the official introduction. As such, these bills were declared fake and worthless by the central bank.
- Starting in 2004, all existing denominations, except 50,000 Guaraníes, underwent small adjustments, such as a more subtle and borderless watermark and enhanced safety features.