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TZS to USD - Tanzanian Shilling to US Dollar Converter

Convert Tanzanian Shilling to US Dollar with daily ECB exchange rates

1 TZS = ~0.000388 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

TZS to USD moves gradually. Live rates give precise figures for meaningful decisions.

Check live rates before large transfers; small gaps compound over large sums.

✈️ Travel budgeting💼 Trade payments💸 Remittance estimates

Common TZS - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Active
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Monetary policy by the Bank of Tanzania, inflation, commodity prices, and US dollar liquidity shape the TZS/USD rate. Global risk sentiment and trade flows also play roles in daily movements.

Economic Context

Trading Relationship

The Tanzanian economy relies on commodity exports like gold and coffee; USD is a primary settlement currency for imports and investment. TZS/USD movements influence import costs, export competitiveness, and foreign financing decisions.

Key Rate Factors

  • •Bank of Tanzania policy and inflation
  • •Federal Reserve policy and USD liquidity
  • •Commodity price changes and trade balance
  • •Political stability and fiscal discipline
  • •Global risk sentiment and safe-haven flows

Central Banks

Bank of Tanzania
Dodoma, Tanzania
Sets monetary policy, regulates financial institutions, and seeks price stability for the national economy.
Federal Reserve System
Washington, D.C., United States
The US central bank; determines monetary policy, controls inflation, and provides liquidity to the banking system.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates