Convert Tanzanian Shilling to Canadian Dollar
Please provide values below to convert Tanzanian Shilling [TZS] to Canadian Dollar [CAD], or Convert Canadian Dollar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Canadian Dollar
1 TZS = 1886.32748623853 CAD
Example: convert 15 TZS to CAD:
15 TZS = 15 × 1886.32748623853 CAD = 28294.912293578 CAD
Tanzanian Shilling to Canadian Dollar Conversion Table
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.