Paraguayan Guaraní
The guaraní (, plural: ''guaraníes''; sign: ₲; code: PYG) is the national currency unit of Paraguay. The guaraní was divided into 100 céntimos but, because of inflation, céntimos are no longer in use. The currency sign is ; if unavailable, "Gs." is used. History The law creating the guaraní was passed on 5 October 1943, and replaced the peso fuerte at a rate of ₲1 = 100 pesos fuertes. Guaraníes were first issued in 1944. Between 1960 and 1985, the guaraní was pegged to the United States dollar at ₲126 = US$1. Coins In 1944, aluminum-bronze coins were introduced in denominations of 1¢, 5¢, 10¢, 25¢ and 50¢. All were round shaped. The obverses featured a flower with "Republica del Paraguay" and the date surrounding it, except for the 50¢, which featured the lion and Liberty cap insignia. The denomination was shown on the reverses. First series: The second issue, introduced in 1953, consisted of 10¢, 15¢, 25¢ and 50¢ coins. All were again minted in ...
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Céntimo
The céntimo (in Spanish-speaking countries) or cêntimo (in Portuguese-speaking countries) was a currency unit of Spain, Portugal and their former colonies. The word derived from the Latin meaning "hundredth part". The main Spanish currency, before the euro, was the peseta which was divided into 100 céntimos. In Portugal it was the real and later the escudo, until it was also replaced by the euro. In the European community ''cent'' is the official name for one hundredth of a euro. However, both ''céntimo'' (in Spanish) and ''cêntimo'' (in Portuguese) are commonly used to describe the euro cent. Current use Céntimo or cêntimo is one-hundredth of the following basic monetary units: Portuguese cêntimo * Angolan kwanza * São Tomé and Príncipe dobra Spanish céntimo * Costa Rican colón (but as centavo between 1917 and 1920) * Paraguayan guaraní * Peruvian sol * Philippine peso (as ''séntimo'' in Filipino, as centavo in English) * Venezuelan bolívar Obsolete Portug ...
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