Convert Qatari Rial to Tanzanian Shilling
Please provide values below to convert Qatari Rial [QAR] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Qatari Rial.
How to Convert Qatari Rial to Tanzanian Shilling
1 QAR = 0.00141627562155435 TZS
Example: convert 15 QAR to TZS:
15 QAR = 15 × 0.00141627562155435 TZS = 0.0212441343233152 TZS
Qatari Rial to Tanzanian Shilling Conversion Table
| Qatari Rial | Tanzanian Shilling |
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.