Tanzanian shilling | |||||
---|---|---|---|---|---|
Shilingi ya Tanzania (Swahili) | |||||
| |||||
ISO 4217 | |||||
Code | TZS | ||||
Denominations | |||||
Subunit | |||||
1/100 | cent | ||||
Symbol | TSh, /= | ||||
Banknotes | TSh.500/=, TSh.1,000/=, TSh.2,000/=, TSh.5,000/=, TSh.10,000/= | ||||
Coins | TSh.50/=, TSh.100/=, TSh.200/=, TSh.500/= | ||||
Demographics | |||||
User(s) | Tanzania | ||||
Issuance | |||||
Central bank | Bank of Tanzania | ||||
Website | Bank of Tanzania website | ||||
Valuation | |||||
Inflation | 5.6% | ||||
Source | The World Factbook, 2015 est. |
The shilling (Swahili: shilingi; sign: TSh. /=; code: TZS) is the currency of Tanzania. It is subdivided into 100 cents (senti in Swahili). The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.[1]
Symbol
Notation in the Tanzanian shilling is written in the form of x/y, where x is the amount above 1 shilling, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/50" and 100 shillings as "100/=" or "100/-". Sometimes the abbreviation TSh. is prefixed.
This pattern was modelled on sterling's pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence.
Coins
In 1966, coins were introduced in denominations of TSh.-/5, TSh.-/20 and TSh.-/50 and TSh.1/=, with the TSh.-/5 struck in bronze, the TSh.-/20 in nickel-brass (copper-nickel-zinc) and the TSh.-/50 and TSh.1/= in cupro-nickel. Cupro-nickel TSh.5/= coins were introduced in 1972, followed by scalloped, nickel-brass TSh.-/10 in 1977. This First Series coins set, in circulation from 1966 up to 1984, was designed by Christopher Ironside OBE.[2]
In 1987, nickel-plated steel replaced cupro-nickel in the TSh.-/50 and TSh.1/=, and cupro-nickel TSh.5/= and TSh.10/= coins were introduced, with the TSh.5/= decagonal in shape. In 1990, nickel-clad-steel TSh.5/=, TSh.10/= and TSh.20/= were introduced, followed by brass-plated steel coins for TSh.100/= in 1993, TSh.50/= in 1996 and copper-nickel-zinc TSh.200/= in 1998.
Coins currently in circulation are the TSh.50/=, TSh.100/=, TSh.200/=, and TSh.500/=. The TSh.500/= coin was issued on 8 September 2014.[3]
Banknotes
On 14 June 1966, the Benki Kuu Ya Tanzania (Bank of Tanzania) introduced notes for TSh.5, TSh.10, TSh.20 and TSh.100/=. The TSh.5/= note was replaced by a coin in 1972. TSh.50/= notes were introduced in 1985, followed by TSh.200/= in 1986, TSh.500/= in 1989 and TSh.1,000/= in 1990. The TSh.10/=, TSh.20/=, TSh.50/= and TSh.100/= notes were replaced by coins in 1987, 1990, 1996 and 1994, respectively. TSh.5,000/= and TSh.10,000/= notes were introduced in 1995, followed by TSh.2,000/= in 2003. A new series of notes came out in 2011. These new notes include many security features that prevent counterfeiting.[4][5]
Banknotes in circulation today are TSh.500/=, TSh.1000/=, TSh.2,000/=, TSh.5,000/= and TSh.10,000/=
Older Series | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Image | Value | Dimensions | Main Colour | Description | Date of issue | ||||||
Obverse | Reverse | Obverse | Reverse | Watermark | |||||||
TSh.10/= | - | Green | Julius Nyerere | Arusha Declaration Monument | Giraffe | - | |||||
TSh.20/= | - | Blue-violet | Julius Nyerere | General Tyre East Africa Plant | |||||||
TSh.100/= | - | Red | Julius Nyerere | Maasai |
1997 Series[6] | ||||||||
---|---|---|---|---|---|---|---|---|
Image | Value | Dimensions | Main Color | Description | Date of issue | Watermark | ||
Obverse | Reverse | |||||||
[2] | TSh.500/= | 138 x 69 mm | Green | Tanzanian coat of arms; Giraffe; Zebra | Clove harvest; Uhuru Torch | 1997 | Giraffe | |
[3] | TSh.1,000/= | 142 x 71 mm | Red | Tanzanian coat of arms; Giraffe; African Elephant | Kiwira coal mine; Door of People's Bank of Zanzibar | |||
[4] | TSh.1,000/= | 142 x 71 mm | Red | Tanzanian coat of arms; Julius Nyerere; African Elephant | Kiwira coal mine; Door of People's Bank of Zanzibar | 2000/= | ||
[5] | TSh.5000/= | 145 x 73 mm | Purple | Tanzanian coat of arms; Giraffe; Rhino | Giraffes; Mt Kilimanjaro | 1997 | ||
[6] | TSh.10,000/= | 149 x 75 mm | Indigo | Tanzanian coat of arms; Giraffe; Lion | Bank of Tanzania; "House of Wonder" (Zanzibar) | |||
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table. |
2003 Series [7] | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Image | Value | Dimensions | Main Colour | Description | Date of issue | ||||||
Obverse | Reverse | Obverse | Reverse | Watermark | |||||||
TSh.500/= | 130 × 63 mm | Green | African Buffalo | Nkrumah Hall, University of Dar es Salaam | Giraffe | 2003 | |||||
TSh.1,000/= | 135 × 66 mm | Blue | Julius Nyerere | Statehouse, Dar es Salaam | |||||||
TSh.2,000/= | 140 × 69 mm | Orange-brown | Lion, Mount Kilimanjaro | Old Fort, Stone Town, Zanzibar | |||||||
TSh.5,000/= | 145 × 72 mm | Purple | Black Rhinoceros | Geita gold Mine and House of Wonders Zanzibar | |||||||
TSh.10,000/= | 150 × 75 mm | Red | Elephant | Bank of Tanzania headquarters in Dar es Salaam | |||||||
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table. |
Currently in Circulation
2011 Series[7] | |||||||||
---|---|---|---|---|---|---|---|---|---|
Image | Values | Dimensions | Main Color | Description | Date of issue | Date of first issue | Watermark | ||
Obverse | Reverse | Obverse | Reverse | ||||||
TSh.500/= | 120 x 60 mm | Green | Tanzanian coat of arms; Sheikh Abeid Amani Karume | University of Dar es Salaam central hall building; graduating students wearing caps and gowns; Aesculap's rod | 2011 | 1 January 2010 | Julius Kambarage Nyerere with electrotype 500 | ||
TSh.1,000/= | 125 x 65 mm | Blue | Tanzanian coat of arms; President Julius Kambarage Nyerere; Bismarck Rock in Mwanza Harbor | Coffee plant; State House (Ikulu) building with flag in Dar es Salaam | Julius Kambarage Nyerere with electrotype 1000 | ||||
TSh.2,000/= | 130 x 66 mm | Orange | Tanzanian coat of arms; Lion | Palm trees; old Omani Arab Fort (Ngome Kongwe) in Zanzibar's Stone Town; carved block | Julius Kambarage Nyerere with electrotype 2000 | ||||
TSh.5,000/= | 135 x 67 mm | Purple | Tanzanian coat of arms; plant; black rhinoceros | Cyanid Leaching plant of the gold mines of Geita | Julius Kambarage Nyerere with electrotype 5000 | ||||
TSh.10,000/= | 140 x 68 mm | Red | Tanzanian coat of arms; Elephant | Flowers; Bank of Tanzania headquarters building in Dar es Salaam | Julius Kambarage Nyerere with electrotype 10000 | ||||
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table. |
Current TZS exchange rates | |
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From Google Finance: | AUD CAD CHF CNY EUR GBP HKD JPY USD KES |
From Yahoo! Finance: | AUD CAD CHF CNY EUR GBP HKD JPY USD KES |
From XE.com: | AUD CAD CHF CNY EUR GBP HKD JPY USD KES |
From OANDA: | AUD CAD CHF CNY EUR GBP HKD JPY USD KES |
See also
References
Notes
- ^ Linzmayer, Owen (2012). "Tanzania". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
- ^ "Bank of Tanzania: Banking Operations - Currency Museum: Coins". bot-tz.org. Retrieved 2015-09-03.
- ^ "Image: IMG-20140907-WA0006.jpg, (960 × 1280 px)". bot.go.tz. Retrieved 2015-09-03.
- ^ Tanzania new note family confirmed BanknoteNews.com. Retrieved 2011-10-22.
- ^ [1] The Citizen. Retrieved 2011-10-22.
- ^ "Bank of Tanzania Historical Notes". bot. Bank of Tanzania. Retrieved 2015-07-05.
- ^ "Tanzania new note family confirmed | Africa | Banknote News". banknotenews.com. Retrieved 2015-09-03.
Sources
- Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
External links
- Bank of Tanzania page on circulating banknotes
- The banknotes of Tanzania
- [8] (in English, German, and French)
Preceded by: East African shilling Reason: currency independence Ratio: at par Note: independent shilling introduced in 1966, but EA shilling not demonetized until 1969 |
Currency of Tanzania 1966 – |
Succeeded by: Current |