Convert Barbadian Dollar to Tanzanian Shilling
Please provide values below to convert Barbadian Dollar [BBD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Barbadian Dollar.
How to Convert Barbadian Dollar to Tanzanian Shilling
1 BBD = 0.000778173418436454 TZS
Example: convert 15 BBD to TZS:
15 BBD = 15 × 0.000778173418436454 TZS = 0.0116726012765468 TZS
Barbadian Dollar to Tanzanian Shilling Conversion Table
| Barbadian Dollar | Tanzanian Shilling |
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Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.