Convert Tanzanian Shilling to Swedish Krona
Please provide values below to convert Tanzanian Shilling [TZS] to Swedish Krona [SEK], or Convert Swedish Krona to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Swedish Krona
1 TZS = 269.283362844839 SEK
Example: convert 15 TZS to SEK:
15 TZS = 15 × 269.283362844839 SEK = 4039.25044267259 SEK
Tanzanian Shilling to Swedish Krona Conversion Table
| Tanzanian Shilling | Swedish Krona |
|---|
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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.