Convert Turkish Lira to Tanzanian Shilling
Please provide values below to convert Turkish Lira [TRY] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Turkish Lira.
How to Convert Turkish Lira to Tanzanian Shilling
1 TRY = 0.0157349388814815 TZS
Example: convert 15 TRY to TZS:
15 TRY = 15 × 0.0157349388814815 TZS = 0.236024083222223 TZS
Turkish Lira to Tanzanian Shilling Conversion Table
| Turkish Lira | Tanzanian Shilling |
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Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.
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.