Convert Tanzanian Shilling to Ugandan Shilling
Please provide values below to convert Tanzanian Shilling [TZS] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Ugandan Shilling
1 TZS = 0.720675161708235 UGX
Example: convert 15 TZS to UGX:
15 TZS = 15 × 0.720675161708235 UGX = 10.8101274256235 UGX
Tanzanian Shilling to Ugandan Shilling Conversion Table
| Tanzanian Shilling | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.