"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best way: Wise
We tested & reviewed 9 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 78.1% of United States to Paraguay searches, and was the top rated company supporting payments the United States into Guarani.
So for a great mix of cost, speed & features, make your United States to Paraguay transfer using Wise.
How to compare deals on your United States to Paraguay transfer
Considerations for sending money from United States to Paraguay
Always compare ways to send money from the United States to Paraguay to get the best options for fees, speed, and reliability.
Our analysis included 9 providers that operate between United States and Paraguay.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Paraguay.
Cheapest way to send money to Paraguay from the United States: Revolut
The cost is a combination of an average fee of 0* USD and an exchange rate for converting US Dollar to Guarani that is 0.14% different to the mid-market rate.
On average, Revolut is % 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 USD-PYG by Revolut, based on data from the past six months.
Fastest way to send money to Paraguay from the United States: Ria Money Transfer
Our comparison shows Ria Money Transfer is the fastest option for sending US Dollar into Guarani 40% of the time. For urgent USD to PYG money transfers, they’re our recommended choice.
A USD-Guarani transfer through Ria Money Transfer comes with an average 4 USD fee.
To ensure Ria Money Transfer was the 'fastest' option we compared 9 providers. This comparison was for overall speed of sending money from the United States to Paraguay and is a combination of depositing US Dollar, transfer times to Paraguay and withdrawal timeframes where applicable.
When speed is a priority, Ria Money Transfer is the top choice for sending into Paraguay from the United States.
Sending large sums of money?
Of the 9 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 States can be expensive.
Wise is our choice for big transfers to USD because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money from United States to Paraguay
The total cost of money transfers from United States to Paraguay is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for USD-PYG is currently 7,813.221 PYG per US Dollar. Providers offering services closer to this rate will ensure more Guarani for your US Dollars.
To give a historic average, over the last three months the USD-PYG mid-market rate has been 7,709.6488 PYG per US Dollar, this has had a high of 7,894.0836 and a low of 7,535.723.
From the 9 companies compared, Wise offers the best exchange rate on transfers to Paraguay and the United States.
Generally, the exchange rate you receive on converting USD to PYG will be the biggest factor impacting the cost of sending US Dollars to Paraguay.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Revolut at an average of 0 USD per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Guarani. Simply, the higher the amount received in the United States, the lower the cost of sending from Paraguay.
How to find the best exchange rate for US Dollar to Guarani
Timing is essential for sending money between USD and PYG. The exchange rate you secure impacts how much PYG you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to PYG has seen some fluctuation. On average, it stood at 7,709.6488.
During this period, the highest value recorded was 7,894.0836, while the lowest was 7,535.723.
Wise, which is our recommended service to send money online from United States to Paraguay offers an exchange rate that is only -0.01% above the mid-market rate.
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United States to Paraguay money transfer payment methods
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Paraguay and United States.
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 States to Paraguay.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to PYG.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.