Convert Ghanaian Cedi to Tanzanian Shilling
Please provide values below to convert Ghanaian Cedi [GHS] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Ghanaian Cedi.
How to Convert Ghanaian Cedi to Tanzanian Shilling
1 GHS = 0.00423240740553403 TZS
Example: convert 15 GHS to TZS:
15 GHS = 15 × 0.00423240740553403 TZS = 0.0634861110830104 TZS
Ghanaian Cedi to Tanzanian Shilling Conversion Table
Ghanaian Cedi | Tanzanian Shilling |
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Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.
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.