Convert Tanzanian Shilling to Thai Baht
Please provide values below to convert Tanzanian Shilling [TZS] to Thai Baht [THB], or Convert Thai Baht to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Thai Baht
1 TZS = 79.786207881388 THB
Example: convert 15 TZS to THB:
15 TZS = 15 × 79.786207881388 THB = 1196.79311822082 THB
Tanzanian Shilling to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.