Convert Hungarian Forint to Tanzanian Shilling
Please provide values below to convert Hungarian Forint [HUF] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Hungarian Forint.
How to Convert Hungarian Forint to Tanzanian Shilling
1 HUF = 0.132367959923446 TZS
Example: convert 15 HUF to TZS:
15 HUF = 15 × 0.132367959923446 TZS = 1.9855193988517 TZS
Hungarian Forint to Tanzanian Shilling Conversion Table
Hungarian Forint | Tanzanian Shilling |
---|
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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.