Convert Costa Rican Colón to Tanzanian Shilling
Please provide values below to convert Costa Rican Colón [CRC] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Costa Rican Colón.
How to Convert Costa Rican Colón to Tanzanian Shilling
1 CRC = 0.196224209192936 TZS
Example: convert 15 CRC to TZS:
15 CRC = 15 × 0.196224209192936 TZS = 2.94336313789404 TZS
Costa Rican Colón to Tanzanian Shilling Conversion Table
Costa Rican Colón | Tanzanian Shilling |
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Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.
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.