About the AUD/PYG rate
The AUD/PYG rate is how many PYG one Australian dollar buys. It moves constantly with interest-rate expectations, commodity prices and global risk sentiment - see what moves the rate. Tradergy shows the mid-market reference rate and does not forecast where it’s heading. For the 52-week highs and lows and a daily table, see the AUD/PYG rate history.
Related views of this rate: the reverse rate, PYG → AUD, is on the receiving Paraguayan guaraní view, and sending Australian dollars to Paraguay is covered on the AUD → PYG transfer page. Every AUD pair sits on the convert hub, and to work in more than one currency at once there is the currency converter.
What the Banco Central del Paraguay commits to
The Banco Central del Paraguay has tightened the number it steers by three times, and each step has a resolution attached to it. The Bank announced the adoption of an inflation targeting regime in May 2011, describing it as a public commitment to controlling inflation as its primary objective within a framework of transparency and accountability. Resolution No. 15, minute No. 1 of 6 January 2014 set the target for that year at 5 per cent. Resolution No. 8, minute No. 88 of 11 December 2014 lowered it to 4.5 per cent for 2015 and 2016; Resolution No. 2, minute No. 12 of 24 February 2017 lowered it again to 4.0 per cent for 2017 and 2018; and Resolution No. 48, minute No. 60 of 16 December 2024 set the current figure of 3.5 per cent.
The three earlier resolutions carry an identical tolerance. The Bank's published summaries of each state an interval of two percentage points above and two below the central figure, so the commitment those three made was to an interval four points wide.
The Bank's own account of the second reduction explains what it thought it was doing. It describes the move from 4.5 to 4.0 per cent as the second cut in the six years since the framework began, says the more demanding numerical objective implies a greater commitment to price stability, and frames it as a step toward converging on the inflation levels of countries it considers the more modern and responsible in the region and the world.
That most recent cut is documented from the other side as well. The International Monetary Fund's 2025 country report carries the Paraguayan authorities' own Program Statement recording the reduction from 4 per cent to 3.5 per cent in December 2024, and naming the monetary policy horizon they expect to reach it over as eighteen to twenty-four months. The same document names the Comite de Politica Monetaria as the rate-setting body.
The exchange rate is described as a fundamental shock absorber. The authorities state that their interventions focus on moderating large fluctuations that do not correspond to economic fundamentals while leaving the inflation-targeting framework intact, and Fund staff record that the Bank consistently publishes detailed reports of its foreign exchange activities on its website.
Sources: Banco Central del Paraguay, Politica monetaria en Paraguay · International Monetary Fund, Paraguay: Country Report No. 25/161, July 2025