Convert Bahamian Dollar to Tanzanian Shilling
Please provide values below to convert Bahamian Dollar [BSD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Bahamian Dollar.
How to Convert Bahamian Dollar to Tanzanian Shilling
1 BSD = 0.000389086709218227 TZS
Example: convert 15 BSD to TZS:
15 BSD = 15 × 0.000389086709218227 TZS = 0.0058363006382734 TZS
Bahamian Dollar to Tanzanian Shilling Conversion Table
| Bahamian Dollar | Tanzanian Shilling |
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Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.
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.