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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 94.6% of Spain to Paraguay searches, and was the top rated company out of 5 that support EUR to PYG.
So for a great mix of cost, speed & features, make your Spain to Paraguay transfer using Wise.
How to get the best deal on your Spain to Paraguay transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Spain to Paraguay.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Spain to Paraguay
Don't settle for the first option. Always compare ways to send money from Spain to Paraguay to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Spain and Paraguay.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Paraguay.
Cheapest way to send money to Paraguay from Spain: TransferGo
Data collected over the past six months shows that TransferGo is 0.8% cheaper than the second-best option.
The €0 transfer cost represents the most common fee for EUR to PYG international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Paraguay transfer, make sure you pick TransferGo to send your money online.
*The most common fee applied to EUR-PYG by TransferGo, based on data from the past six months.
Fastest way to send money from Spain to Paraguay: TransferGo
Our data shows that TransferGo came up as the fastest way to send money from Spain to Paraguay in 67.6% of searches. This makes them well suited to urgent EUR to PYG money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to Paraguay - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, TransferGo is your best choice at the moment. This service emerged as the quickest way to send money to Paraguay from Spain in 67.6% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Paraguay, it’s the provider that will keep you safe and relaxed while your money moves into PYG.
Understanding the costs involved when moving money from Spain to Paraguay
When calculating the costs of money transfers between Spain and Paraguay, here's what really matters:
The Mid-Market Rate: Today, the EUR-PYG mid-market rate equals to 8023.577515 PYG per Euro.
The EUR-PYG average exchange rate for the past three months has been 7981.7724 PYG per Euro, with a high of 8180.793 and a low of 7800.2631.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to PYG.
How to find the best exchange rate for Euro to Guarani
Timing is essential for sending money between EUR and PYG. The exchange rate you secure impacts how much PYG you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to PYG has seen some fluctuation. On average, it stood at 7981.7724.
During this period, the highest value recorded was 8180.793, while the lowest was 7800.2631.
Wise, which is our recommended service to send money online from Spain to Paraguay offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Guarani exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Paraguay!
Payment methods available to fund your Spain to Paraguay transfer
Bank transfers
Bank transfers are often the default option for sending money from Spain to Paraguay.
By using a money transfer company such as TransferGo for transfers from Spain to Paraguay, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, TransferGo is the cheapest provider for bank transfers from the 5 we tested when sending EUR to Paraguay.
With an average fee of EUR0 to send money from Spain to Paraguay, TransferGo offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Paraguay with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Spain to Paraguay, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Spain to Paraguay, Wise emerges as our top choice of the 5 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Paraguay and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Paraguay.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to PYG.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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