Convert Tanzanian Shilling to Mexican Peso
Please provide values below to convert Tanzanian Shilling [TZS] to Mexican Peso [MXN], or Convert Mexican Peso to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Mexican Peso
1 TZS = 137.850977783976 MXN
Example: convert 15 TZS to MXN:
15 TZS = 15 × 137.850977783976 MXN = 2067.76466675964 MXN
Tanzanian Shilling to Mexican Peso 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.