Convert Congolese Franc to Tanzanian Shilling
Please provide values below to convert Congolese Franc [CDF] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Congolese Franc.
How to Convert Congolese Franc to Tanzanian Shilling
1 CDF = 1.12252920212479 TZS
Example: convert 15 CDF to TZS:
15 CDF = 15 × 1.12252920212479 TZS = 16.8379380318718 TZS
Congolese Franc to Tanzanian Shilling Conversion Table
Congolese Franc | Tanzanian Shilling |
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Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.