Convert Uruguayan Peso to Tanzanian Shilling
Please provide values below to convert Uruguayan Peso [UYU] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Uruguayan Peso.
How to Convert Uruguayan Peso to Tanzanian Shilling
1 UYU = 0.0156801554728236 TZS
Example: convert 15 UYU to TZS:
15 UYU = 15 × 0.0156801554728236 TZS = 0.235202332092354 TZS
Uruguayan Peso to Tanzanian Shilling Conversion Table
| Uruguayan Peso | Tanzanian Shilling |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.