Convert Icelandic Króna to Tanzanian Shilling
Please provide values below to convert Icelandic Króna [ISK] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Icelandic Króna.
How to Convert Icelandic Króna to Tanzanian Shilling
1 ISK = 0.0473563270090142 TZS
Example: convert 15 ISK to TZS:
15 ISK = 15 × 0.0473563270090142 TZS = 0.710344905135213 TZS
Icelandic Króna to Tanzanian Shilling Conversion Table
| Icelandic Króna | Tanzanian Shilling |
|---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.