Convert Dominican Peso to Tanzanian Shilling
Please provide values below to convert Dominican Peso [DOP] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Dominican Peso.
How to Convert Dominican Peso to Tanzanian Shilling
1 DOP = 0.0234817719880292 TZS
Example: convert 15 DOP to TZS:
15 DOP = 15 × 0.0234817719880292 TZS = 0.352226579820438 TZS
Dominican Peso to Tanzanian Shilling Conversion Table
| Dominican Peso | Tanzanian Shilling |
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Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.
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.