Convert Danish Krone to Tanzanian Shilling
Convert Danish Krone (DKK) to Tanzanian Shilling (TZS) using daily updated exchange rates.
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Exchange Rate
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About Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, Greenland, and the Faroe Islands. First introduced in 1875 as part of the Scandinavian Monetary Union alongside Sweden and Norway, it has been Denmark's sole official currency since 1914. Denmark is an EU member but has a formal opt-out from adopting the Euro, and the krone has been pegged to the Euro within a narrow band of plus or minus 2.25% since 1999 (previously pegged to the Deutsche Mark since 1982). Danmarks Nationalbank manages the peg primarily through interest rate policy.
About Tanzanian Shilling
The Tanzanian Shilling (TZS) has been the official currency of Tanzania since 1966, replacing the East African shilling. The Bank of Tanzania manages monetary policy. Tanzania is one of Africa's largest and fastest growing economies, with significant revenues from tourism (safari - Serengeti, Ngorongoro Crater; Kilimanjaro; Zanzibar), gold mining, coffee, tea, cotton, and increasingly extractable natural gas reserves. The country hosts the Serengeti, one of the world's greatest wildlife spectacles, and is home to Mount Kilimanjaro, Africa's highest peak.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).