Convert Tanzanian Shilling to Rwandan Franc
Please provide values below to convert Tanzanian Shilling [TZS] to Rwandan Franc [RWF], or Convert Rwandan Franc to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Rwandan Franc
1 TZS = 1.77571595632857 RWF
Example: convert 15 TZS to RWF:
15 TZS = 15 × 1.77571595632857 RWF = 26.6357393449285 RWF
Tanzanian Shilling to Rwandan Franc Conversion Table
| Tanzanian Shilling | Rwandan Franc |
|---|
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.
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.