Convert Japanese Yen to Tanzanian Shilling
Please provide values below to convert Japanese Yen [JPY] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Japanese Yen.
How to Convert Japanese Yen to Tanzanian Shilling
1 JPY = 0.0571300684185633 TZS
Example: convert 15 JPY to TZS:
15 JPY = 15 × 0.0571300684185633 TZS = 0.856951026278449 TZS
Japanese Yen to Tanzanian Shilling Conversion Table
| Japanese Yen | Tanzanian Shilling |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.