Tanzanian Shilling

Tanzanian Shilling
Country:	Tanzania Tanzania
Subdivision:	100 senti / cents
ISO 4217 code :	TZS
Abbreviation:	TSh ( Tanzanian Shilling )
Exchange rate : (29 Mar 2020)	1 EUR = 2,569.7 TZS 1,000 TZS = 0.38916 EUR 1 CHF = 2,390.4 TZS 1,000 TZS = 0.41834 CHF

The Tanzanian Shilling ( Shilingi ya Tanzania ) is the currency of Tanzania . It replaced the East African shilling , which was valid before independence in 1964 and until 1966.

One shilling is divided into 100 senti ( cents ). An amount is shown in the form of Schilling / Senti. If an amount equals zero, a hyphen or an equal sign is used here. (Example: "= / 50" corresponds to 50 senti, "100 / =" corresponds to 100 schillings). However, due to inflation, senti coins disappeared from payment transactions from the 1990s.

In large areas of the country, especially in the touristy developed, which is the US dollar now as a parallel currency needed.

Coins

In 1966 coins were issued to the value of 5, 20 and 50 senti as well as 1 shilling. The 5 senti coin is made of bronze , the 20 senti coin is made of brass, and the 50 senti and 1 shilling coin are made of cupronickel . 5-Schilling coins in copper nickel were introduced in 1972, followed by 10-Senti coins in brass in 1977. This first series of coins was in circulation until 1984 and was designed by Christopher Ironside .

In 1987, nickel-plated steel coins worth 50 senti and 1 shilling replaced their predecessors and copper-nickel coins worth 5 (octagonal shape) and 10 shillings were introduced. In 1990 nickel-plated steel coins worth 5, 10 and 20 shillings were introduced. In 1994 brass coins worth 100 shillings were introduced, in 1996 worth 50 shillings and 1998 worth 200 shillings.

At the moment only the coins with a value of 50, 100 and 200 Schilling are in use, as well as the 500 Schilling coin introduced on September 8, 2014. Smaller nominal values only exist sporadically.

Banknotes

In 1966 the central bank of Tanzania introduced banknotes for 5, 10, 20 and 100 shillings. The five-shilling notes were replaced by coins in 1972 and notes with a value of 50 shillings were introduced in 1985. In 1986 200 shilling notes were also put into circulation, in 1989 500 shilling notes and in 1990 1,000 shilling notes. The 10, 20, 50 and 100 schilling notes were replaced by coins in 1987, 1990, 1996 and 1994. In 1995 5,000 and 10,000 shilling notes were introduced and in 2003 2,000 shilling notes were introduced.

Today there are banknotes with values of 500, 1000, 2000, 5000 and 10,000 schillings. It shows the politician Julius Nyerere or one of the Big Five without the leopard on the front . Various buildings are shown on the back.

Series from 2003
Illustration		value	Size in millimeters	colour	description
front	back	value	Size in millimeters	colour	front	back	Watermark
		500 / =	130 × 63	green	African buffalo	Nkrumah Hall, University of Dar es Salaam	giraffe
		1000 / =	135 × 66	Blue-purple	Julius Nyerere	Statehouse, Dar es Salaam
		2000 / =	140 × 69	Orange-brown	Lion , Mount Kilimanjaro	Old Fort, Stone Town , Zanzibar
		5000 / =	145 × 72	violet	Black rhinoceros	Geita opencast mine and the House of Wonders on Zanzibar
		10,000 / =	150 × 75	red	African elephant	"House of Wonder" (Zanzibar)

Series from 2011
Illustration		value	Size in millimeters	colour	description
front	back	value	Size in millimeters	colour	front	back	Watermark
		500 / =	120 × 60	green	Abeid Amani Karume	Nkrumah Hall, University of Dar es Salaam	Julius Nyerere
		1000 / =	125 × 65	Blue-purple	Julius Nyerere	Statehouse, Dar es Salaam
		2000 / =	130 × 66	Orange-brown	Lion , Mount Kilimanjaro	Old Fort, Stone Town , Zanzibar
		5000 / =	135 × 67	violet	Black rhinoceros	Geita opencast mine and the House of Wonders on Zanzibar
		10,000 / =	140 × 68	red	African elephant	Administration building of the Tanzanian Central Bank in Dar es Salaam