Convert Bulgarian Lev to Tanzanian Shilling
Please provide values below to convert Bulgarian Lev [BGN] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Bulgarian Lev.
How to Convert Bulgarian Lev to Tanzanian Shilling
1 BGN = 0.000648840996292315 TZS
Example: convert 15 BGN to TZS:
15 BGN = 15 × 0.000648840996292315 TZS = 0.00973261494438472 TZS
Bulgarian Lev to Tanzanian Shilling Conversion Table
| Bulgarian Lev | Tanzanian Shilling |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.