Executive Summary

The proposal aims to create a digital and complementary monetary unit, called Commercial Guarani (PGC), directly linked to the Guarani (PYG) by a fixed rate of 1,000 PYG = 1.00 PGC, with the objective of:

Simplify foreign exchange and international trade transactions

Facilitate tourism and understanding of prices for foreigners

Maintain the historical tradition of the guarani currency, without official redenomination

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🔹 Characteristics of PGC (Commercial Guarani)

Item Details

Official name Commercial Guarani

Suggested symbol PGC or ₲C

Fixed parity 1,000 PYG = 1.00 PGC

Legal basis Official unit of account for tourism, foreign trade, and exchange

Physical circulation Optional: specific banknotes only for exchange houses, free zones, and airports

Digital circulation Preferably via banks, fintechs, payment systems, and exchange platforms

Acceptance in local retail Optional — local trade will continue using traditional guarani

Fiscal impact None. It is a unit of account, not a new sovereign currency

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🔹 Strategic Objectives

1. Modernize the image of the guarani internationally

Reducing the psychological impact of dealing with high numbers (e.g., 15,000 PYG → 15.00 PGC)

Facilitating understanding of prices for tourists and business partners

2. Promote tourism

Make prices more understandable and attractive for foreign visitors

Create a modern visual identity (commemorative banknotes, tourist apps)

3. Establish a basis for future redenomination, if desired

The PGC can be evaluated over time, allowing for a possible unification in the future, should there be acceptance and social viability

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🔹 Practical operation

💳 For the tourist:

When exchanging 700,000 PYG, you receive 700 PGC

Hotels, airports, and tourist establishments display prices in PGC and PYG

You can pay by card or app with balance in PGC

🏦 For exchange:

Exchange houses display quotes in PGC

Example: 1 BRL = 1.25 PGC

📦 For exporters and importers:

Invoices and contracts can be displayed in PGC as a reference unit

Example: Sale of 100,000 PGC = 100 million guaranis

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🔹 Advantages of the proposal

Advantage Impact

Preserves the historical guarani No cultural or economic break

Facilitates tourism More intuitive prices for foreigners

Modernizes the exchange system Aligns with international standards

Reduces the need for immediate redenomination Smooth and voluntary transition

Can be used to create digital identity Apps, e-wallets, electronic exchange.