Tanzania's currency is called Shillings or shilingi in Swahili. Bank notes are in denominations of 500, 1000, 2000, 5000 and 10000 Shillings. Coins are provided in denominations of 50, 100, 200 and 500 Shillings.
Tanzanian Shilling Currency Code: TZS
"TSh" - This is the symbol you'll see alongside (some) prices / rates
Yes, the US Dollar (USD) is widely accepted by many local businesses and Accommodation Lodges in Tanzania however it's also wise to carry a sufficient amount of local Shillings for those smaller businesses who prefer or deal only with their local currency.
You will notice that most Accommodation Lodges in Tanzania quote their rates in the US Dollar currency (USD)
Travellers to Tanzania can quite easily convert the South African Rand, US dollar, British Pound and Euro currencies into Shillings at bureaux de change and banks in main towns & cities. Some hotels are authorised to offer currency conversion services but be sure to confirm this service with the hotel prior.
Major credit cards including MasterCard and foreign Visa cards are accepted by most upmarket hotels, restaurants, retail outlets & tour operators, and can be used to draw money out of ATMs throughout Tanzania's larger towns & cities. If you are travelling to a rural or remote location in Tanzania then keep in mind that some shops and fuel stations can only accept cash, and may not have any ATMS to draw money out of - therefore cash in hand is very important. Note: Diners or American Express credit cards aren't accepted by most businesses in Tanzania.
This may vary depending on the bank but operating hours are generally from:
08:30am → 3:30pm from Monday - Friday
08:30am → 1:00pm on Saturdays
*Some Bureaux de change in Zanzibar are open on Sundays.
Most hotels, lodges and tour operators in Tanzania quote in US dollars but also keep an eye out for related services quoting in Shilling because you might find yourself saving a lot of money paying in Tanzania's local currency as opposed to the monetary exchange rate loss from TZS-USD conversions.
When travelling to Tanzania via vehicle, make sure you carry a sufficient amount of cash in Tanzania's local currency for border fees because not all border posts accept credit cards nor have the facilities to do an electronic transaction as such. Most border posts accept currencies from the country you're entering from however kindly contact the border authorities directly to confirm.
TanzaniaAccommodation.co.za cannot be held liable for any change in exchange rates and information above.
empty your favourites