Guarani

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Related to Guarani Indians: Guaraní

Guarani

The currency of Paraguay. It was introduced in 1944, replacing the Paraguayan peso. It was pegged to the U.S. dollar between 1960 and 1985. It is now the least valuable currency in North and South America.
References in periodicals archive ?
The reductions functioned as refuges and as proselytizing centers for the Guarani Indians, and produced everything from crops to musical instruments to an international conflict.
A little over 100,000 Guarani Indians in Paraguay and another 100,000 Indians in Bolivia (the Chiquitos and the Mojos) lived in neatly organized towns, with their own Indian militia.
Yerba Mate has been consumed by the Guarani Indians in the jungles of Argentina for hundreds of years and is known as their "liquid vegetable.
First consumed by the Guarani Indians of Paraguay, commercialized by seventeenth century Jesuit missionaries and utilized two centuries later by gauchos in the region's vast pampas, yerba mate is today a $350 million industry employing more than 400,000 people in Argentina, Brazil and Paraguay.