Tanzanian Shilling

Tanzanian Shilling

The shilingi (Swahili; English: shilling; sign: TSh; code: TZS) is the currency of Tanzania. It is subdivided into 100 senti (cents in English). The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

162 Tanzanian Shilling to South African Rand exchange rates chart

162 TZS to ZAR exchange rates graph
162 TZS to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

162 TZS to ZAR exchange rates table

Exchange TZS to ZAR
162 Tanzanian Shilling = 1.020 South African Rand
324 Tanzanian Shilling = 2.041 South African Rand
810 Tanzanian Shilling = 5.101 South African Rand
1620 Tanzanian Shilling = 10.203 South African Rand
Exchange Tanzanian Shilling to South African Rand
162 Tanzanian Shilling to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

162 TZS to ZAR exchange rates news

Mohammed Dewji, Africa's Youngest Billionaire Freed 10-Days After Kidnap

Mohammed Dewji, Africa's Youngest Billionaire Freed 10-Days After Kidnap

conditional positive
Pound-to-Euro Exchange Rate: Sterling Slips From €1.14 But Sees Modest Weekly Gain Amid Brexit Deal Hopes

Doubts over the likelihood of a Monday Brexit agreement left the pound on the back foot vs the euro

conditional negative
Illegal gas traders put Kenyans at risk

Cases of accidents occasioned by poor handling of gas cylinders that are worn out and the illegal gas operators have been on the increase.

conditional negative
Tanzania demands Sh1.3 million to release 36 Kenyans arrested
Tanzania demands Sh1.3 million to release 36 Kenyans arrested

Tanzania is also asking for Sh200,000 for each of the ten boats seized during the operation on Lake Victoria.

subjunctive neutral
Traders expect Kenyan shilling, Ghana's cedi to come under pressure

Traders expect the Kenyan shilling and Ghana’s cedi to come under pressure next week but predict other African currencies will remain stable.

conditional negative
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover

An unexpectedly strong improvement in the CBI industrial orders index helped to shore up Pound Sterling (GBP), in spite of lingering political worries.

conditional neutral
South Africa: West Rand Municipality Vehicles Locked Inside Yard As Employees Refuse to Work

Those who find themselves in emergency situations on the West Rand could be in more trouble than they think because protesting municipality workers are preventing critical services from being carried out.

conditional negative
South African Rand Exchange Rate: Weak ZAR Outlook For Q4 2018 & Q1 2019 As S.A Growth Falters

Despite weakening against a basket of other currencies in the first half of 2018, the South African Rand has steadily rebounded in the foreign exchange markets since the start of September.

conditional neutral
Johannesburg Weather: Severe thunderstorms observed over the West Rand
Johannesburg Weather: Severe thunderstorms observed over the West Rand

Lightning and thunderstorms are observed over large parts of Roodepoort.Â

indicative positive
Dollar to rand: Six major factors that determine the exchange rate
Dollar to rand: Six major factors that determine the exchange rate

With the dollar to rand exchange rate on a never-ending rollercoaster, we've decided to see what exactly makes our markets tick.

indicative positive

162 TZS to ZAR currency converter