Paraguay
Culture Of Paraguay
Paraguay culture is highly influenced by various European countries, particularly Spain, which are combined with indigenous culture.
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.