Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Tanzanian Shilling (TZS) to Euro (EUR) , a table containing most common conversions and a chart with the pair's evolution.
The Tanzanian Shilling (TZS) to Euro (EUR) 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 online and offline.
The currency exchange rate, calculated between Tanzanian Shilling and Euro on 11/21/2024 is 1 TZS = 0.0004 EUR - AVERAGE intraday quotes were used for this currency conversion.
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 Euro (EUR)
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
