Convert Tanzanian Shilling to Maldivian Rufiyaa
Please provide values below to convert Tanzanian Shilling [TZS] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Maldivian Rufiyaa
1 TZS = 166.478035004081 MVR
Example: convert 15 TZS to MVR:
15 TZS = 15 × 166.478035004081 MVR = 2497.17052506121 MVR
Tanzanian Shilling to Maldivian Rufiyaa Conversion Table
| Tanzanian Shilling | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.