1 PYG to ISK - Convert Paraguayan Guarani to Icelandic Króna

Looking at the 30-day window, the PYG/ISK pair traded in a range of 0.018800 to 0.020200. The monthly average was 0.019479 with 1.97% volatility. The relatively low volatility indicates stable trading conditions for the PYG/ISK currency pair.

The current mid-market exchange rate is 1 PYG = 0.020796 ISK, updated as of July 3, 2026, 5:56 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Paraguayan Guarani to Icelandic Króna Exchange Rate

The PYG/ISK exchange rate tells you how many Icelandic Króna (ISK) you receive for every Paraguayan Guarani (PYG). At the current mid-market rate of 1 PYG = 0.020796 ISK, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the PYG/ISK Conversion

Converting Paraguayan Guarani to Icelandic Króna involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Historical PYG/ISK Trends

The PYG/ISK exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Paraguayan Guarani Overview

The Paraguayan Guarani (PYG) is the official currency of Paraguay. Hydroelectric power exports (from Itaipu Dam) and soybean production are key economic drivers. Understanding the fundamentals behind PYG helps contextualize its exchange rate movements against ISK and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 PYG = 0.020796 ISK shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.