Convert Czech Republic Koruna to Tanzanian Shilling
Please provide values below to convert Czech Republic Koruna [CZK] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Tanzanian Shilling
1 CZK = 0.00816965363345511 TZS
Example: convert 15 CZK to TZS:
15 CZK = 15 × 0.00816965363345511 TZS = 0.122544804501827 TZS
Czech Republic Koruna to Tanzanian Shilling Conversion Table
Czech Republic Koruna | Tanzanian Shilling |
---|
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.