Convert Tanzanian Shilling to Macanese Pataca
Please provide values below to convert Tanzanian Shilling [TZS] to Macanese Pataca [MOP], or Convert Macanese Pataca to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Macanese Pataca
1 TZS = 317.864005144949 MOP
Example: convert 15 TZS to MOP:
15 TZS = 15 × 317.864005144949 MOP = 4767.96007717424 MOP
Tanzanian Shilling to Macanese Pataca Conversion Table
Tanzanian Shilling | Macanese Pataca |
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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.
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.