Convert United Arab Emirates Dirham to Tanzanian Shilling
Please provide values below to convert United Arab Emirates Dirham [AED] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Tanzanian Shilling
1 AED = 0.00142892093960394 TZS
Example: convert 15 AED to TZS:
15 AED = 15 × 0.00142892093960394 TZS = 0.0214338140940591 TZS
United Arab Emirates Dirham to Tanzanian Shilling Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.