Tanzanian Shilling

The TZS is the currency of Tanzania. It is subdivided into 100 senti. The TZS was introduced in 1966, replacing the East African shilling. The TZS is issued by the Bank of Tanzania. The TZS is pegged to the US dollar at a rate of $1 = 2,187.50 TZS. In 1966, the East African shilling was replaced by the TZS at a rate of $1 = 10 shillings. The TZS was pegged to the US dollar at a rate of $1 = 2,187.50 TZS. The TZS is issued by the Bank of Tanzania. The TZS is used in Tanzania, Zanzibar, and the Comoros.