Convert 1 Tanzanian Shilling (TZS) to Australian Dollar (AUD)
Exchange rates used for currency conversion updated on 24th May 2019 ( 24/05/2019 )
Below you will find the latest exchange rate for exchanging Tanzanian Shilling (TZS) to Australian Dollar (AUD) , a table containing most common conversions and a chart with the pair's evolution.
The Tanzanian Shilling (TZS) to Australian Dollar (AUD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency for Tanzania is the Tanzanian shilling. The shilling is issued in denominations of Tsh 500, 1,000, 5,000 and 10,000. Foreign currency exchange is fairly simple, particularly for the US Dollar. Foreign currency can be exchanged at any foreign exchange bureau office or at most banks found in larger cities. The major airports also have foreign currency exchange desks as do a few higher end hotels.
About Australian Dollar (AUD)
The Australian dollar (AUD) is the official currency of the Commonwealth of Australia as well as 7 territories and 3 surrounding countries. The AUD is symbolized with the "$" symbol and each dollar is subdivided into 100 cents. The coins are issued in 5¢, 10¢, 20¢, 50¢ , $1, $2 increments and the banknotes are printed in $5, $10, $20, $50, $100 denominations. The AUD is the fifth most traded currency in worldwide currency markets.
Unique attributes of the AUD are that the banknotes are printed on polymer as opposed to paper which is the traditional stock for currency banknotes. This polymer is more durable and allows for more advance security features than does its paper counterpart. The AUD banknotes are also printed in different lengths in order to make denomination differentiation easier.