Convert Tanzanian Shilling to Barbadian Dollar
Please provide values below to convert Tanzanian Shilling [TZS] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Barbadian Dollar
1 TZS = 1285.0606 BBD
Example: convert 15 TZS to BBD:
15 TZS = 15 × 1285.0606 BBD = 19275.909 BBD
Tanzanian Shilling to Barbadian Dollar Conversion Table
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.