Convert Tanzanian Shilling to Saint Helena Pound
Please provide values below to convert Tanzanian Shilling [TZS] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Saint Helena Pound
1 TZS = 3471.72929893287 SHP
Example: convert 15 TZS to SHP:
15 TZS = 15 × 3471.72929893287 SHP = 52075.939483993 SHP
Tanzanian Shilling to Saint Helena Pound Conversion Table
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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.
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.