Convert Russian Ruble to Tanzanian Shilling
Please provide values below to convert Russian Ruble [RUB] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Russian Ruble.
How to Convert Russian Ruble to Tanzanian Shilling
1 RUB = 0.0305084445044848 TZS
Example: convert 15 RUB to TZS:
15 RUB = 15 × 0.0305084445044848 TZS = 0.457626667567273 TZS
Russian Ruble to Tanzanian Shilling Conversion Table
Russian Ruble | Tanzanian Shilling |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.