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Compare today's PYG to ETB (Paraguayan Guarani to Ethiopian Birr) exchange rates

Paraguay
Ethiopia
PYG

Interbank Exchange Rate: 1 PYG = 0.0235 ETB
Updated about an hour ago

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All you need to know about Paraguayan Guarani to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Paraguay to Ethiopia. Send money overseas to your loved ones by comparing Paraguayan Guarani (PYG) to Ethiopian Birr (ETB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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 Paraguay.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest PYG to ETB Conversion Rates

Here are some latest PYG to ETB (Paraguayan Guarani to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 PYG0.02 ETB
5 PYG0.12 ETB
10 PYG0.24 ETB
25 PYG0.59 ETB
50 PYG1.18 ETB
100 PYG2.35 ETB
150 PYG3.53 ETB
200 PYG4.70 ETB
250 PYG5.88 ETB
300 PYG7.05 ETB
400 PYG9.40 ETB
500 PYG11.75 ETB
600 PYG14.10 ETB
700 PYG16.45 ETB
800 PYG18.80 ETB
1,000 PYG23.50 ETB
1,500 PYG35.25 ETB
2,000 PYG47.00 ETB
2,500 PYG58.75 ETB
3,000 PYG70.50 ETB
4,000 PYG94.00 ETB
5,000 PYG117.50 ETB
10,000 PYG235.00 ETB
15,000 PYG352.50 ETB
20,000 PYG470.00 ETB
30,000 PYG705.00 ETB
40,000 PYG940.00 ETB
50,000 PYG1,175.00 ETB
100,000 PYG2,350.00 ETB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Ethiopia from Paraguay?

There are many good choices when it comes to sending money from Paraguay to Ethiopia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Paraguayan Guarani to ETB money transfers.

We compare different remittance companies to bring you the best options to send money to Ethiopia from Paraguay. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Paraguayan Guarani to Ethiopian Birr money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Ethiopia from Paraguay?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Ethiopia from Paraguay.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PYG to Ethiopian Birr remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for PYG to ETB remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Ethiopia from Paraguay?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Paraguay to Ethiopia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Paraguayan Guarani to Ethiopian Birr remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Paraguay to Ethiopia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for PYG to ETB remittances.


Should I use my bank to transfer money from Paraguay to Ethiopia?

Bank transfers have been a traditionally popular way to send money overseas from Paraguay to Ethiopia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the PYG to ETB exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Paraguay bank for your Ethiopia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Paraguay to Ethiopia fast?

The speed of your Paraguayan Guarani to Ethiopian Birr funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert PYG to ETB. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Ethiopia from Paraguay is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Ethiopia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ETB into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Paraguay bank to Ethiopia bank transfer.


Which are the best money transfer companies to send money to Ethiopia from Paraguay?

Since the Paraguayan Guarani to Ethiopian Birr money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Paraguay that may also be able to send money to Ethiopia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your PYG to ETB money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ethiopia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Paraguay to Ethiopia transaction.


Step by step guide to do a money transfer from Paraguay to Ethiopia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Paraguay to Ethiopia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Paraguay to Ethiopia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Ethiopia where they can receive monies in Ethiopian Birr.
  • Then, provide details of your Paraguay bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PYG travel to another part of the globe.