Convert Indonesian Rupiah to Tanzanian Shilling
Please provide values below to convert Indonesian Rupiah [IDR] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Tanzanian Shilling
1 IDR = 6.33741988510114 TZS
Example: convert 15 IDR to TZS:
15 IDR = 15 × 6.33741988510114 TZS = 95.0612982765171 TZS
Indonesian Rupiah to Tanzanian Shilling Conversion Table
Indonesian Rupiah | Tanzanian Shilling |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.