Convert Armenian Dram to Tanzanian Shilling

Please provide values below to convert Armenian Dram [AMD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Armenian Dram.

How to Convert Armenian Dram to Tanzanian Shilling

1 AMD = 0.149429917935388 TZS

Example: convert 15 AMD to TZS:
15 AMD = 15 × 0.149429917935388 TZS = 2.24144876903081 TZS

Armenian Dram to Tanzanian Shilling Conversion Table

Armenian Dram	Tanzanian Shilling

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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