Convert US Dollar (USD) to Tanzanian Shilling (TZS )
Exchange rates used for currency conversion updated on 24th May 2015 ( 24/05/2015 )
Below you will find the latest exchange rate for exchanging US Dollar (USD) to Tanzanian Shilling (TZS) , a table containing most common conversions and a chart with the pair's evolution.
The US Dollar (USD) to Tanzanian Shilling (TZS) 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 privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.
About Tanzanian Shilling (TZS)
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.