Tanzanian shilling
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The shilling ( Swahili: ''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 communicati ...
: TZS) is the
currency A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general ...
of
Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands ...
. 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 The equals sign (British English, Unicode) or equal sign (American English), also known as the equality sign, is the mathematical symbol , which is used to indicate equality in some well-defined sense. In an equation, it is placed between tw ...
or
hyphen The hyphen is a punctuation mark used to join words and to separate syllables of a single word. The use of hyphens is called hyphenation. ''Son-in-law'' is an example of a hyphenated word. The hyphen is sometimes confused with dashes ( figure ...
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 The denarius (, dēnāriī ) was the standard Roman silver coin from its introduction in the Second Punic War to the reign of Gordian III (AD 238–244), when it was gradually replaced by the antoninianus. It continued to be minted in very ...
). 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 suc ...
, the in nickel-brass (copper-nickel-zinc) and the -/50 and 1/= in
cupro-nickel Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a min ...
. 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 an ...
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 The Bank of Tanzania ( sw, Benki Kuu ya Tanzania) is the central bank of the United Republic of Tanzania. It is responsible for issuing the national currency, the Tanzanian shilling. The bank was established under the Bank of Tanzania Act 196 ...
) 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 thes ...
* Ugandan shilling *
Kenyan shilling The shilling ( sw, shilingi; abbreviation: KSh; ISO code: KES) is the currency of Kenya. It is divided into 100 cents. Notation Prices in the Kenyan shilling are written in the form of , where x is the amount in shillings, while y is the ...


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