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Currency & Exchange

Currency of Tanzania: Tanzanian Shilling

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Tanzanian Shilling · TZS · National

Tanzanian Shilling
ISO TZS · TANZANIA
Tanzanian Shilling
ISO codeTZS
Monetary authorityBank of Tanzania
TZS
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
TZS
Display identifier
ISO code used where a standalone symbol is not shown
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyTanzanian Shilling
ISO codeTZS
Largest noteTSh10,000
Largest coinTSh500
Current note seriesCurrent Bank of Tanzania banknote family

Who Issues Tanzanian Shilling in Tanzania

The Tanzanian Shilling (TZS) functions as Tanzania's own national currency, with Bank of Tanzania providing the institutional monetary anchor. Its ISO 4217 code is TZS, and its ISO 4217 numeric identifier is 834.

For Tanzania's Tanzanian Shilling, Bank of Tanzania manages the monetary framework for the Tanzanian Shilling in Tanzania. TZS is therefore a nationally administered currency rather than an externally issued unit. This provides the exchange-rate context transparent.

Currency architectureNational
Primary currencyTanzanian Shilling (TZS)
Monetary authorityBank of Tanzania

Exchange Rate for TZS

When interpreting Tanzanian Shilling data for Tanzania, the useful benchmark is a dated TZS observation with its currency pair stated explicitly. A bank, card network or cash desk may apply its own spread or fee to that benchmark.

Latest available reference rate*Loading...
Checking USD/TZS
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

For a dated TZS observation, match both the currency pair and the observation date before comparing reference rates. Actual conversion costs depend on the provider's spread, fees and timing.

Banknotes and Coins

Banknotes

Bank of Tanzania's current banknote family contains TSh500, TSh1,000, TSh2,000, TSh5,000 and TSh10,000 denominations.

TSh500
TSh1,000
TSh2,000
TSh5,000
TSh10,000

Coins

Current circulation coins are TSh50, TSh100, TSh200 and TSh500.

TSh50
TSh100
TSh200
TSh500

Frequently Asked Questions

What currency is used in Tanzania?

For Tanzania, the Tanzanian Shilling (TZS) is the national currency, with Bank of Tanzania responsible for the domestic monetary framework. This provides the exchange-rate context transparent.

Who manages the currency system in Tanzania?

Bank of Tanzania is the main monetary authority identified for Tanzania.

Are the exchange rates for Tanzania real-time?

In practical currency use for Tanzania, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. The figure is informational and can differ from a bank, card or cash-counter quote. This supports the institutional fact separate from market data.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Tanzania

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Sources & methodology

For monetary-system facts, the primary reference is Bank of Tanzania, supplemented by the applicable framework for Tanzania. The TZS code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation. This leaves the institutional fact separate from market data.

View sources used for this page
Exchange-rate note: the TZS converter for Tanzania requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.