Convert Ugandan Shilling to Tanzanian Shilling
Please provide values below to convert Ugandan Shilling [UGX] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Ugandan Shilling.
How to Convert Ugandan Shilling to Tanzanian Shilling
1 UGX = 1.38758771376229 TZS
Example: convert 15 UGX to TZS:
15 UGX = 15 × 1.38758771376229 TZS = 20.8138157064344 TZS
Ugandan Shilling to Tanzanian Shilling Conversion Table
Ugandan Shilling | Tanzanian Shilling |
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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.
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.