Convert Tanzanian Shilling to Solomon Islands Dollar
Please provide values below to convert Tanzanian Shilling [TZS] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Solomon Islands Dollar
1 TZS = 311.888987318731 SBD
Example: convert 15 TZS to SBD:
15 TZS = 15 × 311.888987318731 SBD = 4678.33480978096 SBD
Tanzanian Shilling to Solomon Islands Dollar Conversion Table
Tanzanian Shilling | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.