Convert Danish Krone to Tanzanian Shilling
Please provide values below to convert Danish Krone [DKK] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Danish Krone.
How to Convert Danish Krone to Tanzanian Shilling
1 DKK = 0.00247412456657686 TZS
Example: convert 15 DKK to TZS:
15 DKK = 15 × 0.00247412456657686 TZS = 0.0371118684986529 TZS
Danish Krone to Tanzanian Shilling Conversion Table
| Danish Krone | Tanzanian Shilling |
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
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.