Convert Ugandan Shilling to Tanzanian Shilling
Convert Ugandan Shilling (UGX) to Tanzanian Shilling (TZS) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Ugandan Shilling
The Ugandan Shilling (UGX) has been the official currency of Uganda since 1987 - a reissued version replacing the old shilling following monetary reform. The Bank of Uganda manages monetary policy with a floating exchange rate and inflation-targeting framework. Uganda is an East African nation with a growing economy based on coffee (one of the world's top producers of the robusta variety), fisheries, tourism (mountain gorillas in Bwindi Impenetrable Forest), minerals, and oil reserves discovered in the Albertine Rift.
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).