Best option: Wise
We tested & reviewed 10 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to Paraguay searches, and was the top rated company supporting money transfers between GBP and PYG.
For a great mix of cost, speed & features, transfer from United Kingdom to Guarani using Wise.
How to compare companies offering money transfers from United Kingdom to Paraguay
Considerations for sending money from United Kingdom to Paraguay
Always compare ways to send money from the United Kingdom to Paraguay to get the best options for fees, speed, and reliability.
Our analysis included 10 providers that operate between United Kingdom and Paraguay.
Through this, you get a comprehensive view of all the options you have in the United Kingdom when you need to send money to Paraguay.
Cheapest way to send money to Paraguay from the United Kingdom: Revolut
The cost is a combination of an average fee of 0* GBP and an exchange rate for converting Pound Sterling to Guarani that is 0.09% different to the mid-market rate.
On average, Revolut is 0.6% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from Guaranis to Paraguay.
*The most common fee applied to GBP-PYG by Revolut, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Paraguay: Paysend
Our data shows that Paysend came up as the fastest option for sending Pound Sterling into Guarani in 75% of searches. This makes them well suited to urgent GBP to PYG money transfers.
The average fee for a GBP-Guarani transfer through Paysend is 0 GBP.
To get the 'fastest' option we compared 10 providers for overall speed of sending money from the United Kingdom to Paraguay - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Paraguay.
When speed matters, Paysend is your best choice for sending into Paraguay from the United Kingdom.
Sending large sums of money?
Of the 10 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Paraguay from United Kingdom can be expensive.
Wise is our choice for big transfers to GBP because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money to Paraguay from United Kingdom
When calculating the cost of sending money from the United Kingdom to Paraguay, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-PYG mid-market rate is 9,813.3824 PYG per Pound Sterling. Finding a provider as close to this number as possible will ensure more Guarani for your money.
As a comparison, the GBP-PYG mid-market rate for the past three months has averaged 9,899.2367 PYG per Pound Sterling, hitting a high of 10,441.1805 and a low of 9,527.3747.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Paraguay.
Often the GBP-PYG exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Paraguay.
Fees: Transfer fees are charged on top of a transfer. Revolut currently offers lowest fees, at an average of 0 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Guarani is the biggest indicator in the total cost of sending money to the United Kingdom from Paraguay. The higher the total amount received in Paraguay, the lower the cost of sending from the United Kingdom.
How to find the best exchange rate for Pound Sterling to Guarani
Timing is essential for sending money between GBP and PYG. The exchange rate you secure impacts how much PYG you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to PYG has seen some fluctuation. On average, it stood at 9,899.2367.
During this period, the highest value recorded was 10,441.1805, while the lowest was 9,527.3747.
Wise, which is our recommended service to send money online from United Kingdom to Paraguay offers an exchange rate that is only -0.1% above the mid-market rate.
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Funding your United Kingdom to Paraguay transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Paraguay and United Kingdom.
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 United Kingdom to Paraguay.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to PYG.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.