Convert Tanzanian Shilling to Paraguayan Guarani
Please provide values below to convert Tanzanian Shilling [TZS] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Paraguayan Guarani
1 TZS = 0.333256981751384 PYG
Example: convert 15 TZS to PYG:
15 TZS = 15 × 0.333256981751384 PYG = 4.99885472627076 PYG
Tanzanian Shilling to Paraguayan Guarani Conversion Table
| Tanzanian Shilling | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.