Convert Philippine Peso to Tanzanian Shilling
Please provide values below to convert Philippine Peso [PHP] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Philippine Peso.
How to Convert Philippine Peso to Tanzanian Shilling
1 PHP = 0.022155492122317 TZS
Example: convert 15 PHP to TZS:
15 PHP = 15 × 0.022155492122317 TZS = 0.332332381834755 TZS
Philippine Peso to Tanzanian Shilling Conversion Table
| Philippine Peso | Tanzanian Shilling |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.