Convert Mexican Peso to Tanzanian Shilling
Please provide values below to convert Mexican Peso [MXN] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Mexican Peso.
How to Convert Mexican Peso to Tanzanian Shilling
1 MXN = 0.00725421042400646 TZS
Example: convert 15 MXN to TZS:
15 MXN = 15 × 0.00725421042400646 TZS = 0.108813156360097 TZS
Mexican Peso to Tanzanian Shilling Conversion Table
| Mexican Peso | Tanzanian Shilling |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.