Convert Tanzanian Shilling to Macedonian Denar
Please provide values below to convert Tanzanian Shilling [TZS] to Macedonian Denar [MKD], or Convert Macedonian Denar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Macedonian Denar
1 TZS = 48.6343512634874 MKD
Example: convert 15 TZS to MKD:
15 TZS = 15 × 48.6343512634874 MKD = 729.51526895231 MKD
Tanzanian Shilling to Macedonian Denar Conversion Table
| Tanzanian Shilling | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.