Convert Tanzanian Shilling to Libyan Dinar
Please provide values below to convert Tanzanian Shilling [TZS] to Libyan Dinar [LYD], or Convert Libyan Dinar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Libyan Dinar
1 TZS = 473.493220338983 LYD
Example: convert 15 TZS to LYD:
15 TZS = 15 × 473.493220338983 LYD = 7102.39830508475 LYD
Tanzanian Shilling to Libyan Dinar Conversion Table
| Tanzanian Shilling | Libyan 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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.