Convert Tanzanian Shilling to Salvadoran Colón
Please provide values below to convert Tanzanian Shilling [TZS] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Salvadoran Colón
1 TZS = 294.085913662965 SVC
Example: convert 15 TZS to SVC:
15 TZS = 15 × 294.085913662965 SVC = 4411.28870494447 SVC
Tanzanian Shilling to Salvadoran Colón Conversion Table
| Tanzanian Shilling | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.