RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 883.3615 PYG (Paraguay Guarani). It is the official currency of Paraguay, which is a landlocked South American country located between Argentina, Brazil and Bolivia. 1 PYG (Paraguay Guarani) is sub-divided into100 Centimos. The issue of the currency is controlled by the central bank, Banco Central del Paraguay. The PYG (Paraguay Guarani) is pegged to none.