Convert Tanzanian Shilling to Bahamian Dollar
Please provide values below to convert Tanzanian Shilling [TZS] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Bahamian Dollar
1 TZS = 2570.1212 BSD
Example: convert 15 TZS to BSD:
15 TZS = 15 × 2570.1212 BSD = 38551.818 BSD
Tanzanian Shilling to Bahamian Dollar Conversion Table
| Tanzanian Shilling | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.