Convert Singapore Dollar to Tanzanian Shilling
Please provide values below to convert Singapore Dollar [SGD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Singapore Dollar.
How to Convert Singapore Dollar to Tanzanian Shilling
1 SGD = 0.000497914261786565 TZS
Example: convert 15 SGD to TZS:
15 SGD = 15 × 0.000497914261786565 TZS = 0.00746871392679847 TZS
Singapore Dollar to Tanzanian Shilling Conversion Table
| Singapore Dollar | Tanzanian Shilling |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.