Convert Tanzanian Shilling to Argentine Peso
Please provide values below to convert Tanzanian Shilling [TZS] to Argentine Peso [ARS], or Convert Argentine Peso to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Argentine Peso
1 TZS = 2.0298389631724 ARS
Example: convert 15 TZS to ARS:
15 TZS = 15 × 2.0298389631724 ARS = 30.447584447586 ARS
Tanzanian Shilling to Argentine Peso 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.