GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the national currency of Tanzania?
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Tanzanian dinar
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Tanzanian shilling
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Tanzanian franc
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Tanzanian riyal
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Explanation:
Detailed explanation-1: -The Tanzanian shilling (TZS) is the currency of United Republic of Tanzania, replacing the East African shilling in 1966. 1 shilling is composed of 100 senti, with banknotes and coins in circulation in denominations of 500 up to 10, 000 shilling.
Detailed explanation-2: -Latest Currency Exchange Rates: 1 Tanzanian Shilling = 0.0354 Indian Rupee.
Detailed explanation-3: -The banknotes currently in circulation are in denominations of 500, 1000, 2000, 5000, and 10, 000 shilingi while the coins have denominations of 50, 100, 200, and 500 shilingi.
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