GET TO KNOW OUR CURRENCY MATTERS
The official currency in Tanzania is the Tanzanian shilling. The written abbreviation is either TSH OR TZS. Notes are 1,000, 2,000, 5,000, and 10,000, while coins are 50, 100, 200 and 500. Tanzanian shillings can be used to pay for most things, though U.S. dollars only are accepted by airlines, for national park entry fees, and for ferry tickets to Zanzibar and the other islands.
Currency Exchange
Currency and traveler's checks can be exchanged at the major banks, exchange bureaus, and some hotels. Airports in Dar es Salaam and Zanzibar have 24-hour exchange services. The easiest currencies to exchange are U.S. dollars, British pounds, and euros. Most banks in Tanzania have ATMs. They take four-digit PINs. However, remember that in remote regions, they are few and far between.
Credit cards are a safe alternative to cash and are widely accepted in hotels, upscale souvenir stores, and restaurants, and can be used to pay for safaris.
Best and safest option is to have VISA with you, MasterCard is accepted on some ATMs, while withdrawals with VISA are always possible.
Prior departure, usually US travelers have to inform the bank of future withdrawals in Africa. Make sure you inform the bank you intend to use ATMs in Tanzania. Otherwise bank might block your card, due to security measurements.
Whether you are going on holiday and after travel money rates or looking to carry out Tanzanian Shilling exchange, it pays to keep informed. Exchange rates fluctuate constantly and this page allows you to not only check the latest exchange rates Tanzanian Shilling today, but also the Tanzanian Shilling exchange rate history in more detail https://www.bot.go.tz
