Convert Rwandan Franc to Tanzanian Shilling
Please provide values below to convert Rwandan Franc [RWF] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Rwandan Franc.
How to Convert Rwandan Franc to Tanzanian Shilling
1 RWF = 0.563153130677261 TZS
Example: convert 15 RWF to TZS:
15 RWF = 15 × 0.563153130677261 TZS = 8.44729696015892 TZS
Rwandan Franc to Tanzanian Shilling Conversion Table
| Rwandan Franc | Tanzanian Shilling |
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Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.
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.