Paraguay
Currency of Paraguay
The currency of Paraguay is known as Guarani. Guarani was decided on October 5 1943 as the national currency of country, however, it was first issued in 1944. It was earlier divided in 100 centimes but when inflation hit the area centimes were finished. Aluminum and Bronze coins were introduced in 1944.
Politics of Paraguay
Politics of Paraguay takes place in a framework of a presidential representative democratic republic (whereby the President of Paraguay is both head of state and head of government) and of a multi-party system.
Climate of Paraguay
Paraguay experiences a subtropical climate in the Paraneña region and a tropical climate in the Chaco. The Paraneña region has a humid climate, with abundant precipitation throughout the year and only moderate seasonal changes in temperature.