Convert Tanzanian Shilling to Turkish Lira
Please provide values below to convert Tanzanian Shilling [TZS] to Turkish Lira [TRY], or Convert Turkish Lira to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Turkish Lira
1 TZS = 63.5528366225115 TRY
Example: convert 15 TZS to TRY:
15 TZS = 15 × 63.5528366225115 TRY = 953.292549337672 TRY
Tanzanian Shilling to Turkish Lira Conversion Table
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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.
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.