Convert Iranian Rial to Tanzanian Shilling
Please provide values below to convert Iranian Rial [IRR] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Iranian Rial.
How to Convert Iranian Rial to Tanzanian Shilling
1 IRR = 16.511938697677 TZS
Example: convert 15 IRR to TZS:
15 IRR = 15 × 16.511938697677 TZS = 247.679080465155 TZS
Iranian Rial to Tanzanian Shilling Conversion Table
| Iranian Rial | Tanzanian Shilling |
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Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.
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.