Convert Kenyan Shilling to Tanzanian Shilling
Please provide values below to convert Kenyan Shilling [KES] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Kenyan Shilling.
How to Convert Kenyan Shilling to Tanzanian Shilling
1 KES = 0.0502549840840191 TZS
Example: convert 15 KES to TZS:
15 KES = 15 × 0.0502549840840191 TZS = 0.753824761260286 TZS
Kenyan Shilling to Tanzanian Shilling Conversion Table
Kenyan Shilling | Tanzanian Shilling |
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Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.
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.