Tanzanian shilling is the currency in circulation in Tanzania, and the currency number is TZS. The unit of tokens is minutes, 1 shilling = 100 minutes. The exchange rate between Tanzanian shilling and RMB is relatively low, generally hovering between 200-300 shilling = 1 RMB.

Tanzania is one of the least developed countries in the world declared by the United Nations. Therefore, the exchange rate between Tanzanian shilling and US dollar is relatively low, generally hovering between 300-450 shilling = 1 US dollar, and coins generally choose the sideways image of national heroes and animal patterns. 1 tzs = 100 minutes (minutes). Coin currencies are: 5, 10, 20,50 cents and 1, 5, 10, 20,25 shillings.

Extended data

Tanzania is one of the least developed countries in the world Its economy is dominated by agriculture, and food is basically self-sufficient in normal years. Industrial production technology is low, and daily consumer goods need to be imported. From 65438 to 0967, nationalization and planned economy were carried out, and the "Ujama" socialist movement centered on the construction of collective farms was seriously divorced from the national conditions, which led to a serious lag in economic development.

From 65438 to 0986, it accepted the adjustment and reform plans of the International Monetary Fund (IMF) and the World Bank, and implemented the "three-year economic recovery plan" for three consecutive times.

Foreign trade exports are mainly primary agricultural products, of which cotton, sisal, cashew nuts, coffee, tobacco, tea and cloves account for 80% of foreign exchange earnings. The export products of industry and mining mainly include diamonds, gold, textiles, clothing, leather products, shoes, gum and aluminum products.

Imports are mainly industrial means of production and industrial products, mainly instruments, beverages, machinery and equipment, metal products, vehicles, petroleum and so on. In 20 18, Tanzania's total foreign trade was12.842 billion US dollars, of which 4.925 billion US dollars were exported and 7.99 billion US dollars were imported.