Convert Brazilian Real to Tanzanian Shilling
Please provide values below to convert Brazilian Real [BRL] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Brazilian Real.
How to Convert Brazilian Real to Tanzanian Shilling
1 BRL = 0.00216604571021787 TZS
Example: convert 15 BRL to TZS:
15 BRL = 15 × 0.00216604571021787 TZS = 0.032490685653268 TZS
Brazilian Real to Tanzanian Shilling Conversion Table
| Brazilian Real | Tanzanian Shilling |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.