The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to TZS Market Data
Euro (EUR) to Tanzanian shilling (TZS) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell EUR →
Buy TZS
1 EUR = 2,997.1 TZS
▼-0.5% since yesterday
EUR to TZS at 2997 is near its 3-month average, having traded in a fairly volatile 8.6% range from 2846 to 3091
Is the EUR to TZS Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Tanzanian shilling is to review how the EUR/TZS rate has changed over time.
The table below shows the percentage change in the EUR to TZS exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
EUR/TZS
Change
Period
07 Jul 2023
2682.47
1.5% ▲
2 Week
22 Apr 2023
2608.79
4.3% ▲
3 Month
21 Jul 2022
2383.41
14.2% ▲
1 Year
22 Jul 2018
2676.21
1.7% ▲
5 Year
23 Jul 2013
2135.17
27.5% ▲
10 Year
26 Jul 2003
1191.50
128.4% ▲
20 Year
EUR/TZS historic rates & change to 21-Jul-2023
EUR to TZS Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Tanzanian shilling across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to TZS?
The best EUR to TZS exchange rate is 2976.12 from Wise.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Tanzanian shilling (TZS) rates from different sources before making a conversion.
The above
Euro to Shilling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-TZS mid-rate and the possible savings of using various providers.
How do EUR-TZS rates compare between providers?
Looking at the
full comparison table
the best EUR to TZS exchange rate is 2976.12 from Wise. The next best rate is 1.93 from . Then WorldRemit with -13.0555.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
The recent forecasts for the EUR to JPY exchange rate reflect a nuanced market landscape influenced by geopolitical tensions, trade policies, and economic performance indicators.