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The shilling (
Swahili Swahili may refer to: * Swahili language, a Bantu language official in Kenya, Tanzania and Uganda and widely spoken in the African Great Lakes * Swahili people, an ethnic group in East Africa * Swahili culture Swahili culture is the culture of ...
: ''shilingi''; abbreviation: TSh;
code In communications and information processing, code is a system of rules to convert information—such as a letter, word, sound, image, or gesture—into another form, sometimes shortened or secret, for communication through a communication ...
: TZS) is the currency of Tanzania. It is subdivided into 100 ''cents'' (''senti'' in Swahili). The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.


Notation

Prices in the Tanzanian shilling are written in the form of , where x is the amount above 1 shilling, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "" and 100 shillings as "" or "100/-". Sometimes the abbreviation ''TSh'' is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. TSh 10 million). This pattern was modelled on sterling's pre-decimal notation, in which 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.


Coins

In 1966, coins were introduced in denominations of , and and , with the struck in
bronze Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals, such as phosphorus, or metalloids such ...
, the in
nickel-brass Nickel silver, Maillechort, German silver, Argentan, new silver, nickel brass, albata, alpacca, is a copper alloy with nickel and often zinc. The usual formulation is 60% copper, 20% nickel and 20% zinc. Nickel silver does not contain the eleme ...
(copper-nickel-zinc) and the -/50 and 1/= in cupro-nickel. Cupro-nickel coins were introduced in 1972, followed by scalloped, nickel-brass in 1977. This First Series coins set, in circulation from 1966 up to 1984, was designed by
Christopher Ironside Christopher Ironside OBE, FRBS (11 July 1913, London – 13 July 1992, Winchester, Hampshire) was an English painter and coin designer, particularly known for the reverse sides of the new British coins issued on decimalisation in 1971. Life ...
OBE. In 1987,
nickel-plated steel Nickel plating may refer to: *Nickel electroplating, a technique of electroplating a thin layer of nickel onto a metal object *Electroless nickel plating Electroless nickel-phosphorus plating is a chemical process that deposits an even layer of ...
replaced cupro-nickel in the and , and cupro-nickel and coins were introduced, with the decagonal in shape. In 1990, nickel-clad-steel , and were introduced, followed by brass-plated steel coins for in 1993, in 1996 and copper-nickel-zinc in 1998. Coins currently in circulation are the , , , and . The coin was issued on 8 September 2014.


Banknotes

On 14 June 1966, the Benki Kuu Ya Tanzania ( Bank of Tanzania) introduced notes for , , and . The note was replaced by a coin in 1972. notes were introduced in 1985, followed by in 1986, in 1989 and in 1990. The , , and notes were replaced by coins in 1987, 1990, 1996 and 1994, respectively. and notes were introduced in 1995, followed by 2,000/= in 2003. A new series of notes came out in 2011. These new notes include many security features that prevent counterfeiting.
''The Citizen''. Retrieved 2011-10-22. Banknotes in circulation today are , , , and


Currently in Circulation


See also

*
Economy of Tanzania The economy of Tanzania is a lower-middle income economy that is overwhelmingly dependent on agriculture. Tanzania's economy has been transitioning from a command economy to a market economy since 1985. Although total GDP has increased since the ...
* Ugandan shilling * Kenyan shilling


References

Notes Sources * *


External links


Bank of Tanzania page on circulating banknotes




{{Portal bar, Africa, Money, Numismatics, Tanzania Circulating currencies Currencies of the Commonwealth of Nations Currencies of Tanzania Currencies introduced in 1966