Convert Liberian Dollar to Tanzanian Shilling
Please provide values below to convert Liberian Dollar [LRD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Liberian Dollar.
How to Convert Liberian Dollar to Tanzanian Shilling
1 LRD = 0.0780055819935651 TZS
Example: convert 15 LRD to TZS:
15 LRD = 15 × 0.0780055819935651 TZS = 1.17008372990348 TZS
Liberian Dollar to Tanzanian Shilling Conversion Table
| Liberian Dollar | Tanzanian Shilling |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.