Convert Hong Kong Dollar to Tanzanian Shilling
Please provide values below to convert Hong Kong Dollar [HKD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Tanzanian Shilling
1 HKD = 0.00305425285002124 TZS
Example: convert 15 HKD to TZS:
15 HKD = 15 × 0.00305425285002124 TZS = 0.0458137927503185 TZS
Hong Kong Dollar to Tanzanian Shilling Conversion Table
| Hong Kong Dollar | Tanzanian Shilling |
|---|
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.