Tanzanian shilling

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Tanzanian shilling
Shilingi ya Tanzania  (Swahili)
1000 tz shillings front.jpg Bank of Tanzania golden hour.jpg
1000 shillingsThe Bank of Tanzania headquarters in Dar es Salaam
ISO 4217
CodeTZS
Denominations
Subunit
 1/100senti
SymbolTSh
Banknotes1000, 2000, 5000, 10,000 shilingi
Coins50, 100, 200, 500 shilingi
Demographics
User(s) Tanzania
Issuance
Central bankBank of Tanzania
 WebsiteBank of Tanzania website
Valuation
Inflation5.6%
 SourceThe World Factbook, 2015 est.

The shilingi (Swahili; English: shilling; sign: TSh; code: TZS) is the currency of Tanzania. It is subdivided into 100 senti (cents in English). The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.[1]

Symbol[]

Amount in the Tanzanian shilingi is written in the form of x/y, where x is the amount above 1 shiling, while y is the amount in senti. An equals sign or hyphen represents zero amount. For example, 50 senti is written as "=/50" or "-/50", while 100 shilingi is written as "100/=" or "100/-". In common, daily use, the symbol TSh is used.

This pattern echos the notation in Britain before decimalisation, when amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence: sixpence was written "-/6" or "-/6d", 2 shillings as "2/-" or "2s/-", 2 shillings and 6 pence as "2/6" or "2/6d", and so forth.

Coins[]

A 200 tz shillings front.

In 1966, coins were introduced in denominations of 5, 20 and 50 senti and 1 shilingi, with the 5 senti struck in bronze, the 20 senti in nickel-brass (copper-nickel-zinc) and the 50 senti and 1 shillingi in cupro-nickel. Cupro-nickel 5 shilingi coins were introduced in 1972, followed by scalloped, nickel-brass 10 senti in 1977. This First Series coins set, in circulation from 1966 up to 1984, was designed by Christopher Ironside OBE.[2]

In 1987, replaced cupro-nickel in the 50 senti and 1 shilingi, and cupro-nickel 5 and 10 shilingi coins were introduced, with the 5 shilingi decagonal in shape. In 1990, nickel-clad-steel 5, 10 and 20 shilingi were introduced, followed by coins for 100 shilingi in 1993, 50 shilingi in 1996 and copper-nickel-zinc 200 shilingi in 1998.

Coins currently in circulation are the 50, 100, 200, and 500 shilingi. The 500 shilingi coin was issued on 8 September 2014.[3]

Tanzanian shilling coins
Image Value Composition Diameter Weight Thickness Edge Issued
Senti Tano (5 TzSh).jpg 5 senti bronze 23.24 mm (dodecagonal) 4.0 g 1.33 mm Smooth 1966-1984
Senti Kumi Tansania.jpg 10 senti nickel-brass 25 mm (scalloped) 5.03 g 1.49 mm Smooth 1977-1984
Tanzania senti ishirini front 1973.jpg
Tanzania senti ishirini back 1973.jpg
20 senti nickel-brass 24 mm 5 g Smooth 1966-1984
Tanzania senti hamsini front 1980.jpg
Tanzania senti hamsini back 1980.jpg
50 senti copper-nickel 21 mm 4 g 1.6 mm Reeded 1966-1984
50 senti nickel-plated steel 21 mm 4 g 1.8 mm Reeded 1988-1990
Tanzania shilingi moja front 1974.jpg
Tanzania shilingi moja back 1974.jpg
1 shilingi copper-nickel 27.7 mm 8 g 1.62 mm Reeded 1966-1984
Tanzania Shiling Moja.jpg 1 shilingi nickel-plated steel 23.5 mm 6.5 g Reeded 1987-1992
Tanzania shilingi tano front 1980.jpg
Tanzania shilingi tano back 1980.jpg
5 shilingi copper-nickel 31.5 mm (decagonal) 13.8 g 2.2 mm Segmented; five smooth and reeded parts 1972-1980
5 shilingi copper-nickel 27.5 mm (decagonal) 8.3 g 2 mm Segmented; five smooth and reeded parts 1987-1989
5 shilingi nickel-plated steel 27.5 mm (decagonal) 8.52 g 2 mm Reeded 1990-1993
10 shilingi copper-nickel 29 mm 9.7 g 2 mm Reeded 1987-1989
10 tz shillings front.jpg
10 tz shillings back.jpg
10 shilingi nickel-plated steel 29 mm 10 g 2.25 mm Reeded 1990-1993
20 shilingi nickel-plated steel 32 mm (heptagonal) 13 g 2 mm Smooth 1990-1992
50 Tanzanian shillings coin - Obverse.jpg
50 Tanzanian shillings coin - Reverse.jpg
50 shilingi brass-plated steel 22 mm (heptagonal) 7.91 g 2.9 mm Smooth 1996
100 tz shillings front.jpg
Tanzania 100 shillings-2.JPG
100 shilingi brass-plated steel 24.5 mm 9 g 2.7 mm Reeded 1993
200 tz shillings front.jpg
Tanzania 200 shillings-2.JPG
200 shilingi copper-nickel-zinc 26.8 mm 8 g 2 mm Segmented; five smooth and reeded parts 1998
500 Tanzanian shillings coin - obverse.jpg
500 Tanzanian shillings coins - reverse.jpg
500 shilingi nickel-plated steel 27.5 mm 9.5 g 2.4 mm Reeded 2014

Banknotes[]

On 14 June 1966, the Benki Kuu Ya Tanzania (Bank of Tanzania) introduced notes for 5, 10, 20 and 100 shillingi (also denominated in shillings on the first series of notes). The 5 shillingi note was replaced by a coin in 1972. 50 shillingi notes were introduced in 1985, followed by 200 shilingi in 1986, 500 shillingi in 1989 and 1000 shillingi in 1990. The 10, 20, 50 and 100 shillingi notes were replaced by coins in 1987, 1990, 1996 and 1994, respectively. 5000 and 10,000 shillingi notes were introduced in 1995, followed by 2000 shilingi in 2003. A new series of notes came out in 2011. These new notes include many security features that prevent counterfeiting.[4][5]

Banknotes in circulation today are 500, 1000, 2000, 5000 and 10,000 shilingi.

Older Series
Image Value Dimensions Main Colour Description Date of issue
Obverse Reverse Obverse Reverse Watermark
Tzs-10-note-front.jpg Tzs-10-note-back.jpg 10/- (Ten Shillings) - Green Julius Nyerere Arusha Declaration Monument Giraffe -
Tzs-20-note-front.jpg Tzs-20-note-back.jpg 20/- (Twenty Shillings) - Blue-violet Julius Nyerere General Tyre East Africa Plant
Tzs-100-note-front.jpg Tzs-100-note-back.jpg 100/- (One Hundred Shillings) - Red Julius Nyerere Maasai
1997 Series[6]
Image Value Dimensions Main Color Description Date of issue Watermark
Obverse Reverse
[2] 500/- (Shilingi Mia Tano) 138 x 69 mm Green Tanzanian coat of arms; Giraffe; Zebra Clove harvest; Uhuru Torch 1997 Giraffe
[3] 1000/- (Shillingi Elfu Moja) 142 x 71 mm Red Tanzanian coat of arms; Giraffe; African Elephant Kiwira coal mine; Door of People's Bank of Zanzibar
[4] 1000/- (Shilingi Elfu Moja) 142 x 71 mm Red Tanzanian coat of arms; Julius Nyerere; African Elephant Kiwira coal mine; Door of People's Bank of Zanzibar 2000/-
[5] 5000/- (Shillingi Elfu Tano) 145 x 73 mm Purple Tanzanian coat of arms; Giraffe; Rhino Giraffes; Mt Kilimanjaro 1997
[6] 10,000/- (Shilingi Elfu Kumi) 149 x 75 mm Indigo Tanzanian coat of arms; Giraffe; Lion Bank of Tanzania; "House of Wonder" (Zanzibar)
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.
2003 Series [7]
Image Value Dimensions Main Colour Description Date of issue
Obverse Reverse Obverse Reverse Watermark
500 tz shillings front.jpg 500 tz shillings back.jpg 500/- (Shilingi Mia Tano) 130 × 63 mm Green African Buffalo Nkrumah Hall, University of Dar es Salaam Giraffe 2003
1000 tz shillings front.jpg 1000 tz shillings back.jpg 1000/- (Shilingi Elfu Moja) 135 × 66 mm Blue Julius Nyerere Statehouse, Dar es Salaam
2000 tz shillings front.jpg 2000 tz shillings back.jpg 2000/- (Shillingi Elfu Mbili) 140 × 69 mm Orange-brown Lion, Mount Kilimanjaro Old Fort, Stone Town, Zanzibar
5000 tz shillings front.jpg 5000 tz shillings back.jpg 5000/- (Shillingi Elfu Tano) 145 × 72 mm Purple Black Rhinoceros Geita gold Mine and House of Wonders Zanzibar
10000 tz shillings front.jpg 10000 tz shillings back.jpg 10,000/- (Shillingi Elfu Kumi) 150 × 75 mm Red Elephant Bank of Tanzania headquarters in Dar es Salaam
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Currently in Circulation[]

2011 Series[7]
Image Values Dimensions Main Color Description Date of issue Date of first issue Watermark
Obverse Reverse Obverse Reverse
TZSn00500v.jpg
TZSn00500r.jpg
500/- (Shilingi Mia Tano) 120 x 60 mm Green Tanzanian coat of arms; Sheikh Abeid Amani Karume University of Dar es Salaam central hall building; graduating students wearing caps and gowns; Aesculap's rod 2011 1 January 2010 Julius Kambarage Nyerere with electrotype 500
TZSn01000v.jpg
TZSn01000r.jpg
1000/- (Shillingi Elfu Moja) 125 x 65 mm Blue Tanzanian coat of arms; President Julius Kambarage Nyerere; Bismarck Rock in Mwanza Harbor Coffee plant; State House (Ikulu) building with flag in Dar es Salaam Julius Kambarage Nyerere with electrotype 1000
TZSn02000v.jpg
TZSn02000r.jpg
2000/- (Shilingi Elfu Mbili) 130 x 66 mm Orange Tanzanian coat of arms; Lion Palm trees; old Omani Arab Fort (Ngome Kongwe) in Zanzibar's Stone Town; carved block Julius Kambarage Nyerere with electrotype 2000
TZSn05000v.jpg
TZSn05000r.jpg
5000/- (Shillingi Elfu Tano) 135 x 67 mm Purple Tanzanian coat of arms; plant; black rhinoceros Cyanid Leaching plant of the gold mines of Geita Julius Kambarage Nyerere with electrotype 5000
TZSn10000v.jpg
TZSn10000r.jpg
10,000/- (Shilingi Elfu Kumi) 140 x 68 mm Red Tanzanian coat of arms; Elephant Flowers; Bank of Tanzania headquarters building in Dar es Salaam Julius Kambarage Nyerere with electrotype 10000
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.
Current TZS exchange rates
From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD CNY USD
From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD CNY USD
From XE.com: AUD CAD CHF EUR GBP HKD JPY USD CNY USD
From OANDA: AUD CAD CHF EUR GBP HKD JPY USD CNY USD
From fxtop.com: AUD CAD CHF EUR GBP HKD JPY USD CNY USD

See also[]

References[]

Notes

  1. ^ Linzmayer, Owen (2012). "Tanzania". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
  2. ^ "Bank of Tanzania: Banking Operations - Currency Museum: Coins". bot-tz.org. Retrieved 2015-09-03.
  3. ^ "Image: IMG-20140907-WA0006.jpg, (960 × 1280 px)". bot.go.tz. Retrieved 2015-09-03.
  4. ^ Tanzania new note family confirmed BanknoteNews.com. Retrieved 2011-10-22.
  5. ^ [1] The Citizen. Retrieved 2011-10-22.
  6. ^ "Bank of Tanzania Historical Notes". bot. Bank of Tanzania. Retrieved 2015-07-05.
  7. ^ "Tanzania new note family confirmed | Africa | Banknote News". banknotenews.com. Retrieved 2015-09-03.

Sources

External links[]

Preceded by:
East African shilling
Reason: currency independence
Ratio: at par
Note: independent shilling introduced in 1966, but EA shilling not demonetized until 1969
Currency of Tanzania
1966 –
Succeeded by:
Current
Retrieved from ""