Convert Tanzanian Shilling to Albanian Lek
Please provide values below to convert Tanzanian Shilling [TZS] to Albanian Lek [ALL], or Convert Albanian Lek to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Albanian Lek
1 TZS = 30.818168192114 ALL
Example: convert 15 TZS to ALL:
15 TZS = 15 × 30.818168192114 ALL = 462.272522881711 ALL
Tanzanian Shilling to Albanian Lek Conversion Table
| Tanzanian Shilling | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.