Geo Countries
Tanzania national flag - official symbol of Africa

Current Date And Time In Tanzania

Sunday, 26 July 2026
14:20:56 EAT
Capital: Dodoma
Currency: Tanzanian shilling (TZS)
Timezone: UTC +03:00 (EAT)
Population: 68,381,943

💰 Sh Tanzanian shilling (TZS) - Tanzania Currency Guide


Tanzanian shilling (TZS) is the official currency of Tanzania, represented by the symbol Sh. This comprehensive currency guide provides real-time exchange rates, forex trading data and practical information for international businesses, traders and financial professionals conducting transactions with Tanzania.

Benefits for Professionals: Real-time exchange rates • Hourly currency updates • Major currency pairs • ISO 4217 currency codes • International payment reference • Forex trading data • Business transaction rates • Travel currency planning • Currency converter tool • Market research foundation for international operations and cross-border commerce

💰 Tanzanian Shilling Currency Profile

Tanzanian Shilling (TZS) is the official legal tender of Tanzania, identified by the currency symbol Sh and the ISO 4217 code TZS. This profile provides the core reference data for the TZS currency — including its official name, symbol, issuing country and continental region — useful for international invoicing, forex identification, banking transactions and cross-border payment processing involving Tanzania.

Currency Name Tanzanian Shilling
ISO 4217 Code TZS
Currency Symbol Sh
Country Tanzania
Continent Africa

💲 Live TZS Currency Converter

Convert any amount between Tanzanian Shilling (TZS) and 162+ world currencies instantly, right on this page — no reload required.

 

⏰ Rates as of Jul 26, 2026 11:20 AM UTC

🥇 Gold & Silver Rates Today — Tanzania (in TZS)

Indicative gold and silver prices for Tanzania, converted to Tanzanian Shilling (TZS) from live international bullion spot rates — the same XAU/XAG benchmark used by markets worldwide.

⏰ Spot rate as of Jul 26, 2026 11:20 AM UTC

🏅 Gold Purity Per Gram Per 10 Grams Per Tola (11.66g)
24K (999, Fine Gold) Sh 344,408.08 Sh 3,444,080.84 Sh 4,017,108.32
22K (916, Jewellery Standard) Sh 315,477.81 Sh 3,154,778.05 Sh 3,679,671.22
18K (750) Sh 258,306.06 Sh 2,583,060.63 Sh 3,012,831.24
🥈 Silver (999 Fine) Per Gram Per 10 Grams Per Kilogram
Fine Silver Sh 4,938.36 Sh 49,383.56 Sh 4,938,356.30

⚠️ Note: These are indicative rates derived from live international bullion spot prices (XAU/XAG), converted to TZS. Local jewellery and bullion dealer prices in Tanzania typically differ due to making/wastage charges, import duty, GST/VAT and dealer premiums — always confirm with a local jeweller or bullion dealer before any transaction.

📊 TZS Exchange Rates

This table lists live TZS exchange rates against every major world currency — showing exactly how much 1 Sh Tanzanian Shilling is worth in each foreign currency, plus the inverse rate (how much of each foreign currency equals 1 TZS). Rates are recalculated hourly, making this the most current TZS conversion reference for forex traders, importers/exporters, international businesses and travelers dealing with Tanzania.

⏰ Updated hourly • Jul 26, 2026 11:20 AM UTC

Currency Code 1 TZS = Inverse Rate
United States Dollar USD 0.0004 1 = 2,640.7935 TZS
Euro EUR 0.0003 1 = 3,003.6391 TZS
Japanese Yen JPY 0.0621 1 = 16.1157 TZS
British Pound Sterling GBP 0.0003 1 = 3,517.4045 TZS
Chinese Yuan CNY 0.0026 1 = 389.9462 TZS
Australian Dollar AUD 0.0005 1 = 1,843.2735 TZS
Canadian Dollar CAD 0.0005 1 = 1,872.5711 TZS
Swiss Franc CHF 0.0003 1 = 3,226.0901 TZS
Indian Rupee INR 0.0365 1 = 27.3937 TZS
Mexican Peso MXN 0.0066 1 = 151.0345 TZS
🔄 Use Currency Converter

💱 Tanzanian Shilling VS Major World Currencies

Compare the Tanzanian Shilling (TZS) against the five most traded currencies in global forex markets: the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP) and Chinese Yuan (CNY). This TZS vs major currencies comparison shows both the direct rate — how much foreign currency 1 Sh buys — and the inverse rate, useful for pricing Tanzania imports and exports, benchmarking TZS strength and planning international financial transactions.

⏰ Live Rate • Updated Hourly • Jul 26, 2026 5:30 AM UTC

Symbol Currency Exchange Rate Inverse Rate
$ 🇺🇸 USD
United States Dollar
Sh 1 = $ 0.00038 $ 1 = Sh 2640.79345
🇪🇺 EUR
Euro
Sh 1 = € 0.00033 € 1 = Sh 3003.63905
¥ 🇯🇵 JPY
Japanese Yen
Sh 1 = ¥ 0.06205 ¥ 1 = Sh 16.11567
£ 🇬🇧 GBP
British Pound Sterling
Sh 1 = £ 0.00028 £ 1 = Sh 3517.40452
¥ 🇨🇳 CNY
Chinese Yuan
Sh 1 = ¥ 0.00256 ¥ 1 = Sh 389.94617

💡 Need more conversions? Use our Currency Converter Tool for hourly-updated rates, historical data and calculations for 100+ currencies.

🎯 Global Currency Strength Ranking — TZS

Out of 162 actively traded world currencies tracked against the US Dollar, the Tanzanian Shilling (TZS) currently ranks #145 by per-unit value, making it stronger than 10% of all currencies on this list. A lower rank means fewer units of that currency are needed to buy one US Dollar. Within Africa, TZS ranks #38 of 44 currencies tracked on this site for that continent.

ℹ️ This ranks currencies by face value per unit against the US Dollar — the same measure used in "world's strongest currencies" lists. It reflects historical denomination, not economic size, purchasing power or GDP.

📇 How this number is worked out: TZS currently trades at 2,640.7934 per US Dollar. Comparing that to all 162 tracked currencies — 144 of them trade at a lower rate (so are stronger than TZS), and 17 trade at a higher rate (so are weaker). That places TZS at rank #145 = 1 + 144 currencies stronger than it.

Weakest ←                                              → Strongest

📍 How TZS Compares to Its Closest-Value Neighbours

The currencies ranked immediately above and below TZS by per-unit value — the most relevant comparison, since these are the currencies closest to it in worth.

Rank Currency Value per US Dollar
#143 MMK — Myanma Kyat 2,099.6700 per $1
#144 CDF — Congolese Franc 2,307.2274 per $1
#145 TZS — Tanzanian Shilling ⬤ (this page) 2,640.7934 per $1
#146 BIF — Burundian Franc 2,988.4442 per $1
#147 COP — Colombian Peso 3,201.0194 per $1

🌏 Regional Currencies in Africa

See how the Tanzanian Shilling (TZS) compares against every other currency used across Africa. This TZS regional currency comparison is essential for intra-continental trade pricing, cross-border travel budgeting, regional investment analysis, and understanding Tanzania's currency strength relative to its continental neighbours. Each row shows both the direct and inverse conversion rate so you can instantly calculate costs in either direction.

⏰ Live Rate • Updated Hourly • Jul 26, 2026 5:30 AM UTC

Country Currency Exchange Rate Inverse Rate
Nigeria NGN
Nigerian naira
Sh 1 = ₦ 0.51815 ₦ 1 = Sh 1.92993
Ethiopia ETB
Ethiopian birr
Sh 1 = Br 0.06114 Br 1 = Sh 16.35623
Egypt EGP
Egyptian pound
Sh 1 = E£ 0.01945 E£ 1 = Sh 51.41152
Democratic Republic Of The Congo CDF
Congolese franc
Sh 1 = Fr 0.87369 Fr 1 = Sh 1.14457
South Africa ZAR
South African rand
Sh 1 = R 0.00637 R 1 = Sh 156.87093
Kenya KES
Kenyan shilling
Sh 1 = Sh 0.04905 Sh 1 = Sh 20.38594
Sudan SDG
Sudanese pound
Sh 1 = ج.س. 0.22739 ج.س. 1 = Sh 4.39766
Uganda UGX
Ugandan shilling
Sh 1 = Sh 1.42791 Sh 1 = Sh 0.70033

🌍 Planning to travel or trade in Africa? Compare exchange rates and use our currency converter for accurate regional conversions.

Sh TZS Quick Snapshot
1 USDSh 2,640.79
1 EURSh 3,003.64
1 GBPSh 3,517.40
🏅 Gold 22K/gSh 315,478
🎯 Global Rank#145/162

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📖 Comprehensive Guide to Tanzanian shilling (TZS)

Understanding the Tanzanian shilling

The Tanzanian shilling (TZS) serves as the official monetary unit of Tanzania, facilitating all domestic and international financial transactions. Represented by the symbol Sh, this currency plays a crucial role in Tanzania's economy, international trade relationships and global financial markets. See the full TZS currency profile for ISO code and symbol reference.

The ISO 4217 standard currency code TZS is universally recognized in international banking systems, forex trading platforms, financial documentation and electronic payment processing. This three-letter code ensures accurate currency identification across global financial networks, preventing errors in international money transfers, foreign exchange transactions and cross-border commerce operations. View the live TZS exchange rates table for current conversion data.

Currency Exchange & Forex Trading

The TZS exchange rate fluctuates continuously in global forex markets based on economic indicators, central bank policies, trade balances, inflation rates, political stability and investor sentiment. Real-time TZS exchange rates are essential for international businesses conducting import/export operations, multinational corporations managing currency risk, forex traders executing market strategies and travelers planning international trips to Tanzania. Track current rates in the TZS exchange rates table above.

Major TZS currency pairs traded in forex markets include TZS/USD (Tanzanian shilling to US Dollar), TZS/EUR (Tanzanian shilling to Euro), TZS/GBP (Tanzanian shilling to British Pound) and TZS/JPY (Tanzanian shilling to Japanese Yen). Professional forex traders analyze technical indicators, economic data releases and geopolitical events to predict TZS price movements and identify profitable trading opportunities. Compare rates in the TZS vs major world currencies card.

International Business & Trade

Businesses engaged in international trade with Tanzania must manage TZS currency exposure through hedging strategies, forward contracts and currency options to mitigate exchange rate risk. Understanding TZS conversion rates is critical for accurate pricing strategies, profit margin calculations, contract negotiations and financial forecasting when conducting business operations in Tanzania's markets. See regional currency rates in Africa for cross-border context.

Importers purchasing goods from Tanzania require TZS to settle invoices, while exporters selling products to Tanzania receive payment in Tanzanian shilling. Currency conversion fees, bank transfer charges and exchange rate spreads significantly impact transaction costs, making competitive TZS exchange rates essential for maintaining profit margins in cross-border commerce. Check the full TZS exchange rates table for current rates.

Travel & Tourism Information

Travelers visiting Tanzania need to exchange their home currency for Tanzanian shilling (TZS) to pay for accommodations, transportation, dining, shopping and tourist attractions. The TZS exchange rate directly affects travel budgets, with favorable rates providing greater purchasing power for international visitors exploring Tanzania's destinations.

Currency exchange options for travelers include airport exchange counters, local banks, ATM withdrawals, credit card transactions and specialized currency exchange services. Comparing TZS exchange rates across providers helps travelers minimize conversion fees and secure the best value when converting foreign currency to Tanzanian shilling for their Tanzania travel expenses. See TZS vs major currencies for USD, EUR and GBP travel rates.

Digital Currency Tools & Resources

Our TZS currency converter provides instant exchange rate calculations between Tanzanian shilling and 180+ world currencies, powered by real-time market data updated hourly. This professional-grade tool serves forex traders conducting technical analysis, business professionals managing international payments, e-commerce merchants pricing products for Tanzania's market and travelers planning trip budgets.

Access historical TZS exchange rates, currency trend charts, volatility analysis and comparative currency data to support strategic decision-making in international finance, cross-border investments and global business expansion initiatives targeting Tanzania's economy. Our comprehensive currency database includes ISO 4217 codes, currency symbols, decimal specifications and related financial reference data for professional applications.

Economic Indicators & Market Analysis

The TZS value reflects Tanzania's economic health, including GDP growth rates, unemployment levels, inflation trends, trade balance figures, foreign investment flows and central bank monetary policies. Financial analysts and market researchers monitor these TZS economic indicators to forecast currency movements, assess investment opportunities and evaluate country risk for international business ventures.

Understanding Tanzanian shilling dynamics is essential for portfolio managers allocating assets internationally, corporate treasurers managing foreign exchange exposure, financial institutions processing cross-border payments and businesses expanding operations into Tanzania's market. Stay informed with our live TZS exchange rates, market insights and professional currency tools designed for international finance professionals and global business operations.