| Tanzanian shilling | |||||
|---|---|---|---|---|---|
| Shilingi ya Tanzania (Swahili) | |||||
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| ISO 4217 code | TZS | ||||
| User(s) | Tanzania | ||||
| Inflation | 11.6% | ||||
| Source | The World Factbook, 2009 est. | ||||
| Subunit | |||||
| 1/100 | senti | ||||
| Symbol | x/y (see article) | ||||
| Coins | 50, 100, 200 shilingi | ||||
| Banknotes | 500, 1000, 2000, 5000, 10000 shilingi | ||||
| Central bank | Bank of Tanzania | ||||
| Website | www.bot-tz.org | ||||
The shilingi (Swahili; English: shilling) is the currency of Tanzania, although widespread use of U.S. dollars is accepted. It is subdivided into 100 senti (cents in English). The Tanzanian shilling replaced the East African shilling in 1966 at par.
For earlier currencies used in Tanzania, see East African florin, East African rupee, Zanzibari rupee, Zanzibari riyal and German East African rupie.
Contents |
Amount in the Tanzanian shilingi is written in the form of x/y, where x is the amount above 1 shilingi, while y is the amount in senti. An equals sign or hyphen represent zero amount. For example, 50 senti is written as "=/50" or "-/50", while 100 shilingi is written as "100/=" or "100/-".
In 1966, coins were introduced in denominations of 5, 20 and 50 senti and 1 shilingi, with the 5 senti struck in bronze, the 20 senti in nickel-brass and the 50 senti and 1 shilingi in cupro-nickel. Cupro-nickel 5 shilingi coins were introduced in 1972, followed by scalloped, nickel-brass 10 senti in 1977. This First Series coins set, in circulation from 1966 up to 1984, was designed by Christopher Ironside OBE.
In 1987, nickel-clad steel replaced cupro-nickel in the 50 senti and 1 shilingi, and cupro-nickel 5 and 10 shilingi coins were introduced, with the 5 shilingi octagonal in shape. In 1990, nickel-clad-steel 5, 10 and 20 shilingi were introduced, followed by brass coins for 100 shilingi in 1994, 50 shilingi in 1996 and 200 shilingi in 1998.
Coins currently in circulation are the 50, 100 and 200 shilingi.
In 1966, the Benki Kuu Ya Tanzania (Bank of Tanzania) introduced notes for 5, 10, 20 and 100 shilingi (also denominated in shillings on the first series of notes). The 5 shilingi note was replaced by a coin in 1972. 50 shilingi notes were introduced in 1985, followed by 200 shilingi in 1986, 500 shilingi in 1989 and 1000 shilingi in 1990. The 10, 20, 50 and 100 shilingi notes were replaced by coins in 1987, 1990, 1996 and 1994, respectively. 5000 and 10,000 shilingi notes were introduced in 1995, followed by 2000 shilingi in 2003. A new series of notes came out in 2011. These new notes include many security features that prevent counterfeiting.[1][2]
Banknotes in circulation today are 500, 1000, 2000, 5000 and 10,000 shilingi.
| 2003 Series [2] | ||||||||
|---|---|---|---|---|---|---|---|---|
| Image | Value | Dimensions | Main Colour | Description | Date of issue | |||
| Obverse | Reverse | Obverse | Reverse | Watermark | ||||
| 500/= | 130 × 63 mm | Green | African Buffalo | Nkrumah Hall, University of Dar es Salaam | Giraffe | 2003 | ||
| 1000/= | 135 × 66 mm | Blue-violet | Julius Nyerere | Statehouse, Dar es Salaam | ||||
| 2000/= | 140 × 69 mm | Orange-brown | Lion, Mount Kilimanjaro | Old Fort, Stone Town, Zanzibar | ||||
| 5000/= | 145 × 72 mm | Purple | Black Rhinoceros | Geita gold Mine and House of Wonders Zanzibar | ||||
| 10 000/= | 150 × 75 mm | Red | Elephant | Bank of Tanzania | ||||
| These images are to scale at 0.7 pixels per millimetre. For table standards, see the banknote specification table. | ||||||||
| Current TZS exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From OzForex: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From XE.com: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From OANDA.com: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| Preceded by: East African shilling Reason: currency independence Ratio: at par Note: independent shilling introduced in 1966, but EA shilling not demonetized until 1969 |
Currency of Tanzania 1966 – |
Succeeded by: Current |
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