Convert Azerbaijani Manat to Tanzanian Shilling
Please provide values below to convert Azerbaijani Manat [AZN] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Tanzanian Shilling
1 AZN = 0.000661641949025595 TZS
Example: convert 15 AZN to TZS:
15 AZN = 15 × 0.000661641949025595 TZS = 0.00992462923538392 TZS
Azerbaijani Manat to Tanzanian Shilling Conversion Table
| Azerbaijani Manat | Tanzanian Shilling |
|---|
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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.