Convert Tanzanian Shilling to South Korean Won
Please provide values below to convert Tanzanian Shilling [TZS] to South Korean Won [KRW], or Convert South Korean Won to Tanzanian Shilling.
How to Convert Tanzanian Shilling to South Korean Won
1 TZS = 1.8589431054256 KRW
Example: convert 15 TZS to KRW:
15 TZS = 15 × 1.8589431054256 KRW = 27.884146581384 KRW
Tanzanian Shilling to South Korean Won Conversion Table
| Tanzanian Shilling | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.