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Tanzania Currency: A Comprehensive Guide to the Currency in Tanzania
If you’re planning a trip to Tanzania, understanding the local currency is essential for a smooth and enjoyable experience. The official currency in Tanzania is the Tanzanian Shilling (TZS).
Whether you’re exploring the Serengeti, relaxing on the beaches of Zanzibar, or climbing Mount Kilimanjaro, knowing how to use and manage the currency of Tanzania will enhance your trip. This guide will help you navigate the Tanzanian Shilling with ease.
What is the Currency Used in Tanzania?
The Tanzanian Shilling (TZS) is the official currency of Tanzania. Often symbolized as “TSh,” the Shilling is subdivided into 100 cents. Banknotes and coins are widely used for everyday transactions across the country.
A Brief History of Tanzania Currency
The Tanzanian Shilling was introduced in 1966, replacing the East African Shilling following Tanzania’s independence. Today, the currency of Tanzania reflects its economic resilience and cultural heritage.
How to Recognise Tanzania Currency Banknotes and Coins
The Tanzanian Shilling is available in colorful banknotes and coins that showcase Tanzania’s wildlife, landmarks, and cultural symbols.
Banknotes:
- TSh500, TSh1,000, TSh2,000, TSh5,000, TSh10,000
Each banknote features iconic images, including Tanzanian leaders, wildlife like elephants and lions, and national monuments.
Coins:
- TSh50, TSh100, TSh200, TSh500 coins
Coins are frequently used for small transactions, such as snacks, public transport, and tips.
Get the best deal on CurrencyWhy You Need Tanzanian Currency During Your Trip
While US Dollars are accepted in many tourist areas, the Tanzanian Shilling is essential for smaller transactions and local markets.
Here’s why carrying Tanzanian currency during your trip is beneficial:
- Cash-Friendly Economy: Many smaller vendors, local markets, and transport providers prefer cash payments in Tanzanian Shilling or US Dollars.
- Tipping: Tipping is customary in Tanzania, particularly in restaurants, hotels, and for safari guides, and is usually done in cash.
- Local Shopping: From bustling markets to roadside vendors, having Tanzanian currency ensures smoother transactions.
Where to Use Tanzania Currency
- Restaurants: Most restaurants in Tanzania accept credit cards, but smaller cafes and local eateries may prefer cash.
- Public Transport: Payment for dala-dalas (minibuses), taxis, and ferries often requires cash.
- Tourist Attractions: Entry fees for national parks, museums, and guided tours are typically paid in Tanzania currency and US Dollars.
Travel Tips for Managing Currency in Tanzania
Here are a few tips to help you effectively manage your currency in Tanzania during your travels:
- Carry Small Bills: It’s helpful to carry smaller denominations for daily purchases, as some vendors may not have change for large notes.
- Stay Secure: Tanzania is generally a safe destination for travellers, but as with any destination, it’s wise to keep your cash secure in a money belt or hotel safe.