Tanzania Travel Guide - Money

Kilamanjaro, Tanzania © www.123rf.comPaul Hampton
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Currency

Tanzanian Shilling (TZS; symbol TSh). Notes are in denominations of TSh10,000, 5000, 2,000, 1,000 and 500. Coins are in denominations of TSh200, 100 and 50. In Kiswahili, it is shilingi and written prices are often denoted with the symbol /=; i.e. 100/= is the same as TSh100.

Currency Exchange

Money may be changed at banks, authorised dealers and bureaux de change. A receipt should be obtained and kept until departure.

Credit/Debit Cards and ATMs

Major credit cards are accepted in larger hotels and by airlines. Cash can be withdrawn from ATMs using Visa or MasterCard and any sizeable town now has at least one bank with an ATM.

Traveller's Cheques

May be cashed with authorised dealers or bureaux de change. They are now accepted by Tanzania National Parks for park entry fees. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling. Some places may ask to see the traveller's cheques purchasing agreement - in theory the document you are supposed keep separate from your traveller's cheques.

Currency Restrictions

Restrictions apply.

Banking Hours

Mon-Fri 0830-1230 (some places are open until 1600); Sat 0830-1300. Bureaux de change have longer hours and in the cities open on Sundays.

Exchange Rate Indicators

Date Oct 08
£1.00= TZS2,086.83
$1.00= TZS1,185.00
€1.00= TZS1,621.80




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