Convert Tanzanian Shilling to Moroccan Dirham
Please provide values below to convert Tanzanian Shilling [TZS] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Moroccan Dirham
1 TZS = 285.305906774863 MAD
Example: convert 15 TZS to MAD:
15 TZS = 15 × 285.305906774863 MAD = 4279.58860162295 MAD
Tanzanian Shilling to Moroccan Dirham Conversion Table
| Tanzanian Shilling | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.