Compare today's BRL to PYG (Brazilian Real to Paraguayan Guarani) exchange rates
📈 Brazil to Paraguay Money Transfer Snapshot Today
- Best BRL to PYG exchange rate today: PYG 1,204.0673, offered by Revolut
- Number of money transfer providers compared: 2
- Exchange rate range: PYG 1,104.0400 to PYG 1,204.0673
- Potential savings on BRL 1000: PYG 100,027.30
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real BRL to PYG exchange rate before providers add their margin or fees. exchange rate: 1 BRL = PYG 1,231.4597 (Updated about an hour ago)
See detailed Brazil to Paraguay money transfer comparison below.
Money Transfer Providers that matched the search criteria
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's BRL-PYG exchange rates mean for you
Compare today's BRL-PYG exchange rates and send money from Brazil to Paraguay after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 2 providers that you can rely on for Brazil to Paraguay money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Brazil to Paraguay Providers
🥇 Revolut with 1 BRL = 1,204.0673 PYG (best BRL to PYG exchange rate today).
🥈 Wise offering 1 BRL = 1,104.0400 PYG.
The exchange rate provided by these 2 providers ranges from PYG 1,104.0400 to PYG 1,204.0673. For a BRL 1000 money transfer from Brazil to Paraguay, that could mean up to PYG 100,027.30 saved on FX alone.
BRL-PYG exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final PYG payout that your recipient gets in Paraguay.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Brazil to Paraguay remittances.
🔄 Looking for the reverse corridor? Send money from Paraguay to Brazil instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Brazil.
👇 We also suggest looking beyond today's BRL-PYG exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst BRL-PYG exchange rate is crucial, historical data shows that transfer fees, BRL amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Brazil to Paraguay historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your PYG payout.
Data-driven cost insights for Brazil to Paraguay money transfers
When you send money internationally from Brazil to Paraguay, the key factors that will influence the overall cost of your transaction are:
- BRL-PYG exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum PYG payout for your overseas recipient in Paraguay.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Brazil to Paraguay, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Brazil to Paraguay money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 173 actual Brazil to Paraguay money transfers handled by 6 providers over the last 5 years (for a BRL 370 remittance benchmark).
This data-driven approach using real BRL-PYG transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Brazil to Paraguay money transfers
- Average total cost: 7.64% (range 0.68% to 25.48%, spread 24.80 percentage points)
- Potential payout difference: On a BRL 370 transfer, the above variation can save you up to BRL 91.76.
- Average FX markup: 3.69% (range -0.94%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 13.45%, spread 14.39 percentage points) - Average transfer fee: BRL 14.54 (range BRL 0.00 to BRL 75.00)
- Cheapest payment/delivery method combo: Bank Account Transfer → Bank Deposit (5.70% avg cost); most expensive is Bank Account Transfer → Cash Pickup (8.56%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 2.86% (BRL 10.57 on BRL 370 transfer).
- Market coverage: ~6 providers on average (competition level: moderate)
- Average speed: About 18 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Brazil to Paraguay money transfers.
📈 BRL to PYG exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Brazil to Paraguay money transfers is usually the single biggest factor that will determine your overall BRL cost and your recipient's PYG payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a BRL 370 money transfer benchmark, we see the following FX markup ranges for Brazilian Real to Paraguay transfers:
- Average markup: 3.69%
- Median markup: 3.87%
- Lowest markup: -0.94%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 13.45%
That is a spread of 14.39 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a BRL 370 transfer, the above markup range is equivalent to roughly PYG 53.24 purely from differences in the exchange rate. That incremental saving increases to PYG 132.39 for a BRL 920 transfer.
🛠️ How to use this insight: When comparing providers for Brazil to Paraguay remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
BRL to PYG exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Brazil to Paraguay remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Brazilian Real reaches your recipient in Paraguay.
Based on data from last 5 years, we notice the below about Brazilian Real to Paraguay money transfer fees:
- Average fee: BRL 14.54
- Median fee: BRL 16.05
- Lowest fee: BRL 0.00
- Highest fee: BRL 75.00
The average fee amount of BRL 14.54 noted above represents 3.93% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by BRL 75.00.
🛠️ How to use this insight: For your next money transfer from Brazil to Paraguayan Guarani, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for BRL-PYG remittances
Based on our detailed analysis of historical Brazil to Paraguay data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Paraguay from Brazil:
- Bank Account Transfer: 6.63%
- Debit Card: 7.74%
- Cash: 8.33%
That is a total spread of 1.70 percentage points.
This means that on a BRL 370 transfer, you could save up to BRL 6.31 simply by choosing the best priced payment method.
These savings will only multiply for higher BRL amounts.
Here is the average cost of popular delivery methods used to send money from Brazil to Paraguay:
- Bank Deposit: 6.20%
- Cash Pickup: 8.30%
The cost difference between the above delivery methods is 2.11 percentage points.
Once again, this means that you could save up to BRL 7.79 on a BRL 370 transfer to Paraguay by choosing Bank Deposit versus Cash Pickup.
As you can imagine, the possible combinations of Brazil payment methods and Paraguay delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Brazil to PYG money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Bank Account Transfer | Bank Deposit | 5.70 |
| Debit Card | Bank Deposit | 7.65 |
| Debit Card | Cash Pickup | 7.83 |
| Cash | Cash Pickup | 8.33 |
| Bank Account Transfer | Cash Pickup | 8.56 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these BRL-PYG payment and delivery options is significant. Here are some observations:
- Bank Account Transfer → Bank Deposit has the lowest average cost at 5.70%.
- Bank Account Transfer → Cash Pickup has the highest average cost at 8.56%.
- Bank Account Transfer → Bank Deposit average cost is 2.86 percentage points lower than that of Bank Account Transfer → Cash Pickup.
- This means that on a BRL 370 money transfer, you could save up to BRL 31.67 simply by choosing the best payment and delivery method combo.
- Further, on a BRL 920 money transfer, the savings increase to BRL 78.75.
Here is a quick summary of the average historical cost of various payment and delivery methods for BRL to Paraguay money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Bank Account Transfer averaged 6.63%, compared to 8.33% for Cash, a difference of 1.70 percentage points.
- Cheapest delivery method: Bank Deposit averaged 6.20%, compared to 8.30% for Cash Pickup (2.11 percentage points higher).
- Cheapest combo: Bank Account Transfer → Bank Deposit averaged 5.70%, which is 2.86 percentage points lower than Bank Account Transfer → Cash Pickup (8.56%).
🛠️ How to use this insight: As you compare money transfer providers for your next Brazil to Paraguay international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Brazil to Paraguay remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for BRL-PYG remittances?
When we compared Brazil banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
Interestingly, for Brazil to Paraguay remittances, traditional banks are 3.32 percentage points cheaper on average than money transfer providers.
This means money transfer companies tend to be approximately 0.59x more expensive than banks on average.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | BRL 8.48 | BRL 15.57 | BRL -7.09 |
| Exchange rate markup | 2.45% | 3.90% | -1.45 pp* |
| Average total cost (%) | 4.81% | 8.12% | -3.32 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Historical data shows that banks in Brazil can be competitive. However, pricing still varies by provider, transfer amount, and method — so comparing options can still be beneficial.
📊 Does sending more money reduce the cost of BRL-PYG money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending BRL 370 vs BRL 920 from Brazil to Paraguay.
We found that sending a higher amount (BRL 920) tends to be cheaper - average cost drops from 7.64% to 7.13%, a reduction of 0.51 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Brazilian Real amounts to Paraguay, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Brazil to Paraguay remittance market?
Based on data from the last 5 years, BRL-PYG money transfers are provided on an average by 6 remittance companies. With around 6 providers serving this market, we consider the level of competition to be moderate.
Traditional banks have represented only 33.3% of active providers in this corridor (2 out of 6), meaning money transfer companies make up the majority.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Brazil to Paraguay remittances.
⏱️ How fast are BRL-PYG money transfers?
If your recipient in Paraguay needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Brazil to Paraguay transfers when it comes to processing time:
- Average transfer time: About 18 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at BRL 370: About 18 hours.
- Average speed at BRL 920: About 18 hours.
Banks vs money transfer providers speed comparison: Banks take 28 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from Brazil to Paraguay in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Paraguay.
Brazil to Paraguay transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Brazil to Paraguay money transfers
These FAQs use data from RemitFinder's historical analysis of Brazil to Paraguay money transfers over several years.
What factors affect the total cost of sending money from Brazil to Paraguay?
The total cost of your BRL-PYG money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Brazil to Paraguay transfers?
Historical BRL to PYG exchange rate markup ranges from -0.94% to 13.45%, a spread of 14.39 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can BRL-PYG exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative BRL-PYG exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Brazil to Paraguay transfers?
Exchange rate markup ranges from -0.94% to 13.45% (a spread of 14.39 percentage points).
Transfer fees range from BRL 0.00 to BRL 75.00, which equals roughly 20.27% on a BRL 370.00 transfer.
At BRL 370.00, the larger driver of overall cost is the transfer fee, whilst at BRL 920.00, it shifts toward exchange rate markup.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Brazil to Paraguay transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger BRL amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most PYG for your BRL.
How much can Brazil to Paraguay transfer costs vary between providers?
Historical transfer cost ranges from 0.68% to 25.48% for BRL transfers to Paraguay. That is a spread of 24.80 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -0.94% to 13.45% (a spread of 14.39 percentage points). Thus, even small differences in FX margin can have a big impact on the final PYG payout.
Why do various money transfer providers price BRL to Paraguay transfers differently?
If you send the same Brazilian Real amount to Paraguay via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final PYG payout in Paraguay in a big way.
How stable are transfer costs in the Brazil to Paraguay corridor?
When we analyzed the historical total cost for BRL-PYG transfers, we observed a range from 0.68% to 25.48% (24.80 percentage points difference), along with a variability (standard deviation) of 3.34%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -0.94% to 13.45% (14.39 percentage points difference), with a standard deviation of 2.10%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your BRL-PYG transfers.
Which payment method is cheapest for Brazil to Paraguay remittances?
Bank Account Transfer is the cheapest payment method in Brazil based on its average cost at 6.63% (compared to Cash at 8.33%, a difference of 1.70 percentage points).
Based on this, we recommend paying for your BRL transfer with Bank Account Transfer, and avoiding Cash if possible.
Which delivery method is cheapest for BRL-PYG money transfers?
Bank Deposit is the cheapest delivery method in Paraguay as it costs 6.20% (compared to Cash Pickup at 8.30%, a spread of 2.11 percentage points).
If your recipient in Paraguay can accept Bank Deposit, we recommend choosing it as your preferred delivery option for BRL-PYG transfers.
Is Bank Deposit cheaper than Cash Pickup for Brazil to Paraguay transfers?
Bank Deposit is cheaper for transfers to Paraguay given its 6.20% average cost (versus 8.30% for Cash Pickup, a difference of 2.11 percentage points).
To save more, consider choosing the cheapest delivery option for Paraguay.
What is the cheapest way to send money from Brazil to Paraguay?
We evaluated 5 payment and delivery method combinations for Brazil to Paraguay remittances.
Based on historical data, Bank Account Transfer → Bank Deposit is the cheapest combination with 5.70% cost.
At the other end of the spectrum, Bank Account Transfer → Cash Pickup is the most expensive combination at 8.56% cost. That is a difference of 2.86 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Brazil to Paraguay remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your BRL-PYG transfers.
Does sending more money reduce the cost for Brazil to Paraguay transfers?
Larger BRL-PYG transfers are cheaper on average.
The cost of a BRL 370 transfer averages 7.64% as compared to 7.13% for a BRL 920 transfer, a difference of 0.51 percentage points.
How long does it take to send money from Brazil to Paraguay?
Based on our analysis, the average transfer time for BRL-PYG transfers is 18 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Are instant transfers available from Brazil to Paraguay?
Yes, historical data shows that some transfers to Paraguay from Brazil can complete in less than one hour.
Note that the actual speed of your BRL-PYG transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Brazil to Paraguay?
Banks in Brazil are competitive and can be cheaper than money transfer providers.
The average cost of banks is 4.81% compared to 8.12% for money transfer providers in Brazil, a difference of -3.32 percentage points.
How competitive is the Brazil to Paraguay remittance market?
Based on historical data, the competition level in Brazil to Paraguay is considered moderate with 6 active providers.
Money transfer providers represent about 66.7% of identified providers in Brazil.
Do I risk overpaying if I do not compare providers for Brazil to Paraguay?
Historically, total BRL-PYG transfer cost has varied by 24.80 percentage points. On a BRL 370 transfer, that can translate to BRL 91.76 in savings.
BRL-PYG exchange rate markup also varies across providers. The average markup spread has been about 14.39 percentage points. On a BRL 370 transfer, that could be BRL 53.24 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about BRL 75.00 across providers.
That is why comparing providers can materially change how much of the BRL you send does your recipient receive in Paraguay in Paraguay.
Latest BRL to PYG Conversion Rates
Here are some latest BRL to PYG (Brazilian Real to Paraguayan Guarani) exchange rates for popular conversion amounts*.
| 1 BRL | 1,231.46 PYG |
| 5 BRL | 6,157.30 PYG |
| 10 BRL | 12,314.60 PYG |
| 25 BRL | 30,786.49 PYG |
| 50 BRL | 61,572.99 PYG |
| 100 BRL | 123,145.97 PYG |
| 150 BRL | 184,718.96 PYG |
| 200 BRL | 246,291.94 PYG |
| 250 BRL | 307,864.93 PYG |
| 300 BRL | 369,437.91 PYG |
| 400 BRL | 492,583.88 PYG |
| 500 BRL | 615,729.85 PYG |
| 600 BRL | 738,875.82 PYG |
| 700 BRL | 862,021.79 PYG |
| 800 BRL | 985,167.76 PYG |
| 1000 BRL | 1,231,459.70 PYG |
| 1500 BRL | 1,847,189.55 PYG |
| 2000 BRL | 2,462,919.40 PYG |
| 2500 BRL | 3,078,649.25 PYG |
| 3000 BRL | 3,694,379.10 PYG |
| 4000 BRL | 4,925,838.80 PYG |
| 5000 BRL | 6,157,298.50 PYG |
| 10000 BRL | 12,314,597.00 PYG |
| 15000 BRL | 18,471,895.50 PYG |
| 20000 BRL | 24,629,194.00 PYG |
| 30000 BRL | 36,943,791.00 PYG |
| 40000 BRL | 49,258,388.00 PYG |
| 50000 BRL | 61,572,985.00 PYG |
| 100000 BRL | 123,145,970.00 PYG |
*Based on the Mid-market Exchange Rate
1 Based on 173 pricing observations across 6 firms over the last 5 years for a BRL 370 money transfer from Brazil to Paraguay. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Brazil to Paraguay remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.