TZS
Tanzanian Shilling
TZS is the official currency of Tanzania. It is issued by the Bank of Tanzania and is subdivided into 100 senti.
The shilling replaced the East African shilling in 1966 at par. It operates as a free-floating currency with the Bank of Tanzania monitoring and adjusting monetary policy. A new series of banknotes with enhanced security features was introduced in 2011.
Related Terms
USD
United States Dollar
USD is the official currency of the United States and its territories. It's the world's primary rese...
KES
Kenyan Shilling
KES is the official currency of Kenya. It is issued by the Central Bank of Kenya and is subdivided i...
UGX
Ugandan Shilling
UGX is the official currency of Uganda. It is issued by the Bank of Uganda.
RWF
Rwandan Franc
RWF is the official currency of Rwanda. It is issued by the National Bank of Rwanda and is subdivide...
Bank of Tanzania
Bank of Tanzania is Tanzania's central bank. It sets monetary policy, issues the TZS, and supports f...
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