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USD to TZS - Compare Exchange Rates

United States Dollar to Tanzanian Shilling - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to TZS mid-rate = 2331.9

Right now the USD/TZS market mid-rate is 2331.9 and represents ideally how many Tanzanian Shilling you can get for one United States Dollar.

This USD/TZS Converter calculates equivalent United States Dollar to Tanzanian Shilling amounts at the market mid-rate:

USD / TZS mid-rate converter


$USD


TZS
1 United States Dollar equals
2331.9 Tanzanian Shilling

Compare how much you can save on
USD/TZS exchange rates for:

Foreign Transfers

 
 
1 Week USD to TZS Chart
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Sending to TZS we recommend: WorldRemit WorldRemit

United States Dollar

Tanzanian Shilling

1 USD 2,331.90 TZS
5 USD 11,659.50 TZS
10 USD 23,319.00 TZS
20 USD 46,638.00 TZS
50 USD 116,595.00 TZS
100 USD 233,190.00 TZS
250 USD 582,975.00 TZS
500 USD 1,165,950.00 TZS
1,000 USD 2,331,900.00 TZS
2,000 USD 4,663,800.00 TZS
5,000 USD 11,659,500.00 TZS
10,000 USD 23,319,000.00 TZS
50,000 USD 116,595,000.00 TZS
100,000 USD 233,190,000.00 TZS
See more

United States Dollar

Tanzanian Shilling

0.0004 USD 1 TZS
0.0021 USD 5 TZS
0.0043 USD 10 TZS
0.0086 USD 20 TZS
0.0215 USD 50 TZS
0.0429 USD 100 TZS
0.1073 USD 250 TZS
0.2145 USD 500 TZS
0.4290 USD 1,000 TZS
0.8580 USD 2,000 TZS
2.1450 USD 5,000 TZS
4.2900 USD 10,000 TZS
21.45 USD 50,000 TZS
42.90 USD 100,000 TZS
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TZS Country Guides
TanzaniaTanzania

United States Dollar to Tanzanian Shilling (USD-TZS) - 10 Year History

The below table shows the historic variation in the USD/TZS exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
19 Feb 20192332.6092Latest
12 Feb 20192325.00001 Week+0.33%
20 Jan 20192308.20001 Month+1.06%
23 Aug 20182287.21416 Months+1.98%
19 Feb 20182253.80001 Year+3.5%
19 Feb 20172232.36012 Years+4.49%
20 Feb 20141626.57005 Years+43.41%
21 Feb 20091344.999110 Years+73.43%

Why can't I just get the USD/TZS market rate I see on Google or in the Media?

The USD/TZS mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / TZS was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/TZS midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to TZS exchange rate

  1. Know the latest USD/TZS market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Tanzanian Shilling

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs TZS, you should pay attention to both United States Dollar and Tanzanian Shilling news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Tanzanian Shilling (TZS) - Market news and forecasts

No recent Tanzanian Shilling market updates.

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets