Convert Tanzanian Shilling to Romanian Leu
Please provide values below to convert Tanzanian Shilling [TZS] to Romanian Leu [RON], or Convert Romanian Leu to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Romanian Leu
1 TZS = 593.068395791028 RON
Example: convert 15 TZS to RON:
15 TZS = 15 × 593.068395791028 RON = 8896.02593686542 RON
Tanzanian Shilling to Romanian Leu Conversion Table
| Tanzanian Shilling | Romanian Leu |
|---|
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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.