Convert Tanzanian Shilling to Kuwaiti Dinar
Please provide values below to convert Tanzanian Shilling [TZS] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Kuwaiti Dinar
1 TZS = 8415.59004584152 KWD
Example: convert 15 TZS to KWD:
15 TZS = 15 × 8415.59004584152 KWD = 126233.850687623 KWD
Tanzanian Shilling to Kuwaiti Dinar Conversion Table
| Tanzanian Shilling | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.