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TapTap Send
Rate 6003.6355 · Fee free
You send
$1,000
Recipient gets
₲6,003,635
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money to Paraguay in August 2026 is TapTap Send, which delivers 6,003,635.46 PYG on a 1,000 USD transfer with a fee of zero and an exchange rate of 6003.6355.
Last reviewed: by Awais Imran, Reviews Editor
Sending $1,000 from to Paraguay. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
TapTap SendBest value
6003.6355
Free
₲6,003,635.46
Everything you need to know about sending money to Paraguay. Compare top providers, see PYG exchange rates, understand recipient requirements, delivery methods, regulations, and find the cheapest way to transfer money to Paraguay.
Paraguay is a major remittance destination. Whether you're supporting family, paying for services, or sending a gift, choosing the right provider can save you significantly. Banks typically charge 3–5% in hidden exchange rate markups, while specialist services offer rates much closer to the mid-market rate. Use our comparison to find the best deal today.

Exchange rate
6003.6355
Fee
Free
Recipient gets
₲6,003,635.46
Speed
Under 3 minutes (95% of transfers)
SendMoneyCompare
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Example alert
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
Thu 16:40Different providers excel at different things. Here's who's best for each use case on the to Paraguay route.
Cheapest transfer
TapTap Send
Delivers the most PYG for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Bank transfer
TapTap Send
Best rate for bank deposit to Paraguay
See how much your recipient would get for common transfer amounts.
TapTap Send
6003.64 · Under 3 minutes (95% of transfers)
TapTap Send
6003.64 · Under 3 minutes (95% of transfers)
TapTap Send
6003.64 · Under 3 minutes (95% of transfers)
Transfer fees to Paraguay vary by provider and how you pay. Specialist services charge ₲0–10 per transfer, while banks charge $25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total PYG your recipient receives.
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically $0–$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (6034.4110).
Most transfers to Paraguay arrive within 1–2 business days with specialist providers. Mobile wallet and cash pickup options are often available within minutes. Bank deposits typically take 1–3 business days.
Daily best exchange rates from top providers over the last 7 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ |
|---|---|---|
| Trend | ||
| Aug 19 | 6003.8710✓ | 6003.8710✓ |
| Aug 18 | 5993.8820✓ | 5993.8820✓ |
| Aug 17 | 5965.1400✓ | 5965.1400✓ |
| Aug 16 | 5965.1400✓ | 5965.1400✓ |
| Aug 15 | 5937.3270✓ | 5937.3270✓ |
| Aug 14 | 5943.1350✓ | 5943.1350✓ |
| Aug 13 | 5943.1350✓ | 5943.1350✓ |
The cheapest option depends on how much you're sending and where from. Specialist services like Wise, Remitly, and WorldRemit consistently offer rates 2–5% better than banks. Use our comparison tool to see today's best rates from all providers.
Delivery times depend on the provider and method. Mobile wallets and cash pickup are often available within minutes. Bank deposits typically take 1–2 business days. Express options are available from most providers for a small premium.
Yes, all providers we compare are regulated by financial authorities (FCA, FinCEN, ASIC, etc.). Always use licensed providers and verify your recipient's details before sending.
Yes, but banks typically charge 3–5% in hidden exchange rate markups plus $25–50 wire fees. Specialist money transfer services almost always deliver more PYG for the same amount sent.
The best provider changes based on transfer amount and exchange rate fluctuations. Wise, Remitly, and WorldRemit are consistently competitive. Compare all providers above for today's best rate.
Compare providers for your specific sending country to get the most accurate rates and fees.
Enter your exact amount to see personalised quotes from every provider on this route.
Compare providers now