PYG to BYR

PYG - Paraguayan Guarani (Gs.)
BYR - Belarusian Ruble (p.)
1 PYG1 BYR

Currency conversion rates from PYG to BYR

PYGBYR
1 PYG1 BYR
5 PYG5 BYR
10 PYG10 BYR
20 PYG20 BYR
50 PYG50 BYR
100 PYG100 BYR
250 PYG250 BYR
500 PYG500 BYR
1000 PYG1000 BYR
2000 PYG2000 BYR
5000 PYG5000 BYR
10000 PYG10000 BYR
BYRPYG
1 BYR1 PYG
5 BYR5 PYG
10 BYR10 PYG
20 BYR20 PYG
50 BYR50 PYG
100 BYR100 PYG
250 BYR250 PYG
500 BYR500 PYG
1000 BYR1000 PYG
2000 BYR2000 PYG
5000 BYR5000 PYG
10000 BYR10000 PYG

BYR - Belarusian Ruble (2000–2016) (p.)

Belarusian Ruble (2000–2016)

The official currency of Belarus is the Belarusian Ruble (BYR). The symbol used for the Belarusian Ruble is Br. Two ruble series editions were introduced. In 2008, the Belarusian Ruble was tied to the US Dollar rather than to the Russian Ruble, though it is not an official peg.

The Old Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYR can be written BR. The exchange rate for the Old Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYR conversion factor has 3 significant digits.

Economy

  • The Belarus economy shows a stable economic growth of 9%.
  • The main industries are radios, textiles, refrigerators, televisions, trucks, tractors, earthmovers, radios, metal cutting, motorcycles, and machine tools.
  • Agriculture accounts for 11% of the total GDP.
  • Peat is the main mineral resource; it is used for fertilizer and in the chemical industry.
  • The economy is still dependent on Russia.
  • Inflation is estimated at 10% and the unemployment rate is estimated at 8%.
  • 80% of the industry-based economy is controlled by the state.
  • The educational level in Belarus is high, and the country has a large agricultural base.
  • In 1991, companies started the privatization process; however, most of the privatization has been re-nationalized.
  • Belarus is changing from a state-run economy to a free-market system.
  • The country imports oil and gas from Russia.

History

  • The first Belarusian Ruble was introduced in 1992, because Belarus did not have a license to print Soviet Union banknotes.
  • In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. Only banknotes and commemorative coins were issued.
  • Only banknotes were issued in 2000.
  • In 2009, the Central Bank of Belarus reduced the exchange rate by +/- 20%.
  • In 2011, the Central Bank of Belarus again reduced the exchange rate by +/- 56%.

More information about BYR - Belarusian Ruble (2000–2016) (p.)


PYG - Paraguayan Guarani ()

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.

Economy

  • 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.

History

  • 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.

More information about PYG - Paraguayan Guarani ()