1 PYG to JMD - Convert Paraguayan Guarani to Jamaican Dollar

Looking at the 30-day window, the PYG/JMD pair traded in a range of 0.024100 to 0.025900. The monthly average was 0.025106 with 1.88% volatility. The relatively low volatility indicates stable trading conditions for the PYG/JMD currency pair.

The current mid-market exchange rate is 1 PYG = 0.025909 JMD, updated as of July 3, 2026, 8:38 AM 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 Jamaican Dollar Exchange Rate

The PYG/JMD exchange rate tells you how many Jamaican Dollar (JMD) you receive for every Paraguayan Guarani (PYG). At the current mid-market rate of 1 PYG = 0.025909 JMD, 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.

What Affects the PYG to JMD Rate

Exchange rates between Paraguayan Guarani and Jamaican Dollar are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the PYG/JMD rate fluctuates throughout trading sessions and over longer time periods.

Using the PYG/JMD Calculator

The free calculator at the top of this page converts any amount between Paraguayan Guarani and Jamaican Dollar instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse JMD/PYG rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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 JMD and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 PYG = 0.025909 JMD 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.

Reverse Rate: JMD to PYG

The reverse exchange rate is 1 JMD = 38.5966 PYG. This is useful if you are starting with Jamaican Dollar and want to know how much Paraguayan Guarani you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated JMD to PYG converter for the reverse direction.