How to send money to Australia from Paraguay
The best way to send PYG to AUD | Instarem |
The total number of Paraguay to Australian Dollar providers | 3 |
The average cheapest way to send money from Paraguay to Australia | Instarem |
Best option for debit card transfers | |
Best option for bank transfers |
You can always compare rates and fees based on your transfer amount and payment options when sending money.
The best way to send money from Paraguay to Australia
We recommend using Wise for money transfers to Australia from Paraguay.
We analyzed 3 providers that allow PYG to AUD transfers. Wise emerged as the best option in 80% of searches.
What’s the cheapest way to send money from Paraguay to Australia?
Based on results from the last 3 months, of the 3 providers we list, the cheapest way to send money from the Paraguay to Australia was Instarem, and the average cheapest payment method was .
Instarem has averaged 0.6% cheaper than the next nearest provider for money transfers to Australia from Paraguay.
Just to make you aware, was the overall cheapest payment method.
The cheapest way to send money isn't always the fastest
Be sure to pick the right option, Instarem is the most cost effective way of sending, but make sure the timeframes work for you.
How the cost of sending money to Australia from Paraguay is calculated
The cost of sending money from Paraguay to Paraguay depends on several things, including:
The mid-market rate
The current mid-market rate between PYG and AUD is 0.000211. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.47% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.
The markup and fee
Providers will often charge a markup on the rate, fees, or both, for transfers between Paraguay and Australia. This is why Instarem is listed as our cheapest option - they offer the best combination of Guarani to Australian Dollar (0.13) and fees (0).
Finding the best exchange rate for PYG to AUD
The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Australian Dollars you can get for your Guaranis. The average Guarani to Australian Dollar mid-market rate over the last month was , with a low of and a high of .
For comparison, the best exchange rate for PYG to AUD right now is through Wise, at a difference of -0.06%.
How we find the best transfer deals from Paraguay to Australia
We’ve compared the cost, speed, and product offering of the top money transfer services (including Instarem) available between Australia and Paraguay.
We also produce unbiased, detailed reviews of all the top money transfer companies for sending Guarani to Australia, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.
Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.
