1 article Paraguay currency

History of Paraguay currency

Paraguayan real The official currency of Paraguay until 1856 was the real. To start with, the Spanish colonial real circulated, this was supervened, in 1813, by the Argentine real. Paraguay started issuing its own reales in 1845. Sixteen silver reales for one gold escudo. The Paraguayan peso was introduced in 1856, worth 8 reales. The real…