Where to exchange money in Asuncion
Are you heading to Asuncion? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Asuncion that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Asuncion
Are you heading to Asuncion? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Asuncion that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Asuncion
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Asuncion.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Cambios Chaco S.A. | Aeropuerto Silvio Pettirossi, Lúke 110901, Paraguay | +595 21 645 702 |
| MAXIcambios | QFF7+CVG, Mariano Roque Alonso 111018, Paraguay | |
| Mundial Cambios | P996+4X3, Asunción 001013, Paraguay | |
| Cambios Chaco S.A. | Av. Mariscal López 3841, Asunción 001411, Paraguay | +595 21 659 8000 |
| M&D Cambios | PC4C+88C, Asunción 001411, Paraguay | +595 981 125612 |
| Maxicambios S.A. | Av. Eusebio Ayala 4501, Asunción 001419, Paraguay | +595 21 525 105 |
| Cambios Chaco S.A. | Shopping Multiplaza, Asunción 001419, Paraguay | +595 21 520 410 |
| Cambios Chaco S.A. | San Roque Gonzalez de Santacruz & Quesada, Asunción 001412, Paraguay | +595 21 604 923 |
| Cambios Chaco S.A. | Palma 364, Asunción 001101, Paraguay | +595 21 445 315 |
| Euro Cambios S.A. | No. casi, Charles De Gaulle & Quesada, PC39+VRV, Asunción 001412, Paraguay | +595 21 608 727 |
| MÁS CAMBIOS S.A. | 25 De Mayo 161, Asunción 001101, Paraguay | +595 21 451 086 |
| Cambios Alberdi Villa Morra | PC3G+G59, Av. Mariscal López, Asunción 001408, Paraguay | +595 21 609 905 |
| Maxicambios | PC8M+X7V, Asunción 001529, Paraguay | +595 21 611 777 |
| Norte Cambios S.A.E.C.A. | Palma &, Alberdi, Asunción 001013, Paraguay | +595 38 238 570 |
| Agencia Ria | PC57+9P7, Av. Mariscal López, Asunción 001412, Paraguay | |
| FE Cambios S.A. | PC49+5VP, Charles De Gaulle, Asunción 001412, Paraguay | +595 21 613 181 |
| GRUPO GLOBAL EXCHANGE | Avda. Aviadores del Chaco, Ingreso al Aeropuerto Silvio Pettirossi 1690, Luque 2079, Paraguay | +595 21 644 682 |
| EURO Cambios | 25 De Mayo 153, Asunción 001101, Paraguay | +595 21 440 560 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Paraguayan guarani rate today
First off, in case you’re wondering something along the lines of “does Paraguay use Paraguayan guarani?”, the answer is yes. The currency in Asuncion — and the rest of Paraguay— is Paraguayan guarani
You can also find it written as PYG in currency exchange shops.
What you should know about exchanging money in Asuncion
When exchanging money in Asuncion or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Paraguay long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Paraguay banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Paraguayan guaranis for a fairer rate and fees. The same applies if you get the option on card machines.
Money exchange at the tip of your fingers
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Asuncion. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.