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Tanzanian Shilling (TZS)

The Tanzanian Shilling is the primary currency of Tanzania. This currency is used by an estimated 56,318,348 people. Based on our estimate, Tanzanian Shilling is the #22 most popular currency is the world.

The currency code for the Tanzanian Shilling is "TZS". The ISO 4217 number for this currency is 834.

Tanzanian Shilling conversion rates, useful facts, and holiday schedule can be found below.

TZS Currency Demographics

The primary country using the Tanzanian Shilling is Tanzania.

There are approximately 56,318,348 people around the world who use the Tanzanian Shilling. The Tanzanian Shilling is the #22 most used widely currency is the world.

56,318,348 user population
Ranked #22 in the world

TZS Exchange Rates

1 Tanzanian Shilling equals:

Australian Dollar


Inverse: 1,442.059


Inverse: 2,511.22
British Pound


Inverse: 2,873.67
Indian Rupee


Inverse: 30.32
Japanese Yen


Inverse: 21.25
US Dollar


Inverse: 2,313.45

† Rates last updated at 44 minutes ago

‡ Rates are the interbank rate and are only available on large transactions

TZS Currency Facts

TZS Details

ISO 4217 CodeTZS
ISO 4217 Number834
Unit NameShilling
Currency NicknamesN.a.

TZS Denominations

Minor Unit NameN.a.
Minor Unit Symbol N.a.
Minor Units2
Frequently Used banknotes500, 1000, 2000, 5000, 10000
Rarely Used BanknotesN.a.
Frequently Used Coins1, 5, 10, 20, 50, 100, 200, 5, 10, 20
Rarely Used CoinsN.a.

TZS Issuance

Central BankBank of Tanzania
Central Bank Website

World Bank Statistics

Estimated User Population56,318,348 people
Population Rank#22
TZS Inflation Rate3.49%
Inflation Rank#45

† Population and Inflation rate as based on data from the World Bank.

‡ Corrections or suggestions? Please contact us.

2020 TZS Currency Holidays

Based on holidays observed by the Bank of Tanzania. On these dates banks and payment systems may be closed. Settlement in Tanzanian Shilling may also be closed on these dates.

New Year's Day January 1, 2020 Closed
Zanzibar Revolution Day January 12, 2020 Closed
Karume Day April 7, 2020 Closed
Good Friday April 10, 2020 Closed
Easter Monday April 13, 2020 Closed
Union Day April 26, 2020 Closed
Workers' Day May 1, 2020 Closed
Idd el Fitr May 24, 2020 Closed
Idd el Fitr May 25, 2020 Closed
International Trade Fair July 7, 2020 Closed
Idd el Haj July 31, 2020 Closed
Farmers' Day August 8, 2020 Closed
Mwalimu Nyerere Day October 14, 2020 Closed
Maulid October 29, 2020 Closed
Republic Day December 9, 2020 Closed
Christmas Day December 25, 2020 Closed
Boxing Day December 26, 2020 Closed