Convert Iraqi Dinar to Tanzanian Shilling
Please provide values below to convert Iraqi Dinar [IQD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Iraqi Dinar.
How to Convert Iraqi Dinar to Tanzanian Shilling
1 IQD = 0.509568420353095 TZS
Example: convert 15 IQD to TZS:
15 IQD = 15 × 0.509568420353095 TZS = 7.64352630529642 TZS
Iraqi Dinar to Tanzanian Shilling Conversion Table
Iraqi Dinar | Tanzanian Shilling |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.