Convert Algerian Dinar to Tanzanian Shilling
Please provide values below to convert Algerian Dinar [DZD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Algerian Dinar.
How to Convert Algerian Dinar to Tanzanian Shilling
1 DZD = 0.0505816223764078 TZS
Example: convert 15 DZD to TZS:
15 DZD = 15 × 0.0505816223764078 TZS = 0.758724335646117 TZS
Algerian Dinar to Tanzanian Shilling Conversion Table
Algerian Dinar | Tanzanian Shilling |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.