Paraguay is one of South America’s most affordable destinations, and handling money here is simple — as long as you carry cash once you leave the capital. Here’s what to know.
The currency is the Paraguayan guaraní (PYG). You’ll pay for almost everything in guaraníes, though it’s worth carrying some US dollars to exchange as a backup. Change money at banks or official exchange houses, and keep smaller notes handy for everyday purchases.
In the capital, Asunción, credit cards are widely accepted and ATMs are easy to find. But if your trip takes you into more remote areas — especially the vast Chaco — cards can’t be relied upon, so travel with enough cash to see you through. Bring two cards as a backup and tell your bank your travel dates.
Paraguay is genuinely inexpensive by regional standards, so your money goes a long way on meals, transport, and shopping. How much you’ll need depends on your itinerary; with hotels, transport, and guiding covered on a guided trip — and breakfasts typically included — your main day-to-day costs are other meals, tips, and any shopping. Prices include 10% VAT (IVA), one of the lowest standard rates in the region.
Tipping is modest: around 10% in restaurants for good service, a little for porters, and rounding up for taxis. Tour guides and drivers appreciate a few US dollars per day.
Look for Paraguay’s famous ñandutí lace, fine ao po’í embroidered cotton, leather goods, and silver — best bought with cash at local markets.
Ready to discover this under-the-radar country? Browse our Paraguay tours — we handle the logistics so you can focus on the experience.
