Convert Kazakhstani Tenge to Tanzanian Shilling
Please provide values below to convert Kazakhstani Tenge [KZT] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Tanzanian Shilling
1 KZT = 0.208047853930001 TZS
Example: convert 15 KZT to TZS:
15 KZT = 15 × 0.208047853930001 TZS = 3.12071780895002 TZS
Kazakhstani Tenge to Tanzanian Shilling Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.