Convert Tanzanian Shilling to Somali Shilling
Please provide values below to convert Tanzanian Shilling [TZS] to Somali Shilling [SOS], or Convert Somali Shilling to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Somali Shilling
1 TZS = 4.49762529583179 SOS
Example: convert 15 TZS to SOS:
15 TZS = 15 × 4.49762529583179 SOS = 67.4643794374769 SOS
Tanzanian Shilling to Somali Shilling Conversion Table
| Tanzanian Shilling | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.