LocalExchangeRates.com

Official Rate Sheet: Paraguayan Guarani (PYG) / Moroccan Dirham (MAD)

Date generated:

Mid-Market Rate: 1 PYG = 0.0017 MAD

Real-Time Interbank Wholesale Feed: October 6, 2026

Paraguayan Guarani to Moroccan Dirham Exchange Rate (PYG to MAD)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 PYG in MAD?

1 PYG = 0.0017 MAD

At the current mid-market wholesale exchange rate, converting 1,000 Paraguayan Guarani (PYG) yields approximately 1.70 Moroccan Dirham (MAD) (inverse rate: 1 MAD = 588.8860 PYG). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): PYG

You Receive (Estimate): MAD

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 PYG = 0.0017 MAD

Kurs odwrotny: 1 MAD = 588.8860 PYG

Status danych: Live Data (Redis)

Looking for reverse calculation? Check MAD to PYG (Moroccan Dirham to Paraguayan Guarani) Live Converter →

PYG to MAD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Paraguayan Guarani against Moroccan Dirham

Period High

0.0017 MAD

Period Low

0.0017 MAD

Volatility / Avg

0.0017 MAD

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.0017 MAD

Max: 0.0017 MAD

52-Week Range (1Y) Current Position: 65% Range

Min: 0.0016 MAD

Max: 0.0018 MAD

Standard Denomination Conversion Matrix (PYG & MAD)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Paraguayan Guarani → Moroccan Dirham (PYG / MAD)

Wholesale Benchmark

Paraguayan Guarani (PYG)	Moroccan Dirham (MAD)
1 PYG	0.00 MAD
5 PYG	0.01 MAD
10 PYG	0.02 MAD
25 PYG	0.04 MAD
50 PYG	0.08 MAD
100 PYG	0.17 MAD
200 PYG	0.34 MAD
250 PYG	0.42 MAD
500 PYG	0.85 MAD
1,000 PYG	1.70 MAD
2,500 PYG	4.25 MAD
5,000 PYG	8.49 MAD
10,000 PYG	16.98 MAD

Moroccan Dirham → Paraguayan Guarani (MAD / PYG)

Wholesale Benchmark

Moroccan Dirham (MAD)	Paraguayan Guarani (PYG)
1 MAD	588.89 PYG
5 MAD	2,944.43 PYG
10 MAD	5,888.86 PYG
25 MAD	14,722.15 PYG
50 MAD	29,444.30 PYG
100 MAD	58,888.60 PYG
200 MAD	117,777.20 PYG
250 MAD	147,221.50 PYG
500 MAD	294,442.99 PYG
1,000 MAD	588,885.98 PYG
2,500 MAD	1,472,214.96 PYG
5,000 MAD	2,944,429.92 PYG
10,000 MAD	5,888,859.83 PYG

Provider / Channel	PYG/MAD Effective Exchange Rate	Estimated Fee	Estimated Received (MAD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0017 MAD	0.00%	8.49 MAD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0016 MAD	~3.50%	8.19 MAD	-0.30 MAD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0015 MAD	~10.00%	7.64 MAD	-0.85 MAD

1 PYG to MAD: Paraguayan Guarani to Moroccan Dirham Exchange Guide

Searches for 1 PYG to MAD or convert PYG to MAD describe the amount of Moroccan Dirham received per 1 Paraguayan Guarani. At today's wholesale baseline of 1 PYG = 0.0017 MAD (inverse: 1 MAD = 588.8860 PYG), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Paraguay ↔ Morocco)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of Paraguay (BCP) and Bank Al-Maghrib (BAM) shape the medium-to-long term valuation of PYG/MAD.

PYG and MAD Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Paraguay and Morocco.

How the PYG to MAD Exchange Rate Works

Foreign exchange transactions between Paraguay (PYG) and Morocco (MAD) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between PYG and MAD:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of Paraguay (BCP) and Bank Al-Maghrib (BAM) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Paraguay and Morocco exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (MAD) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Paraguayan Guarani to Moroccan Dirham Conversion

Common questions regarding Paraguayan Guarani to Moroccan Dirham conversion, bank spreads, and transfer costs.

How much is 1,000 PYG in MAD today?

At the current mid-market exchange rate (1 PYG = 0.0017 MAD), 1,000 Paraguayan Guarani equals approximately 1.70 Moroccan Dirham. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Paraguayan Guarani?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with PYG?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of Paraguay (BCP)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.