Updated: Nov 3
When planning a journey to Tanzania, one of the practical aspects to consider is the local currency. Understanding the currency used in Tanzania is crucial for a smooth and enjoyable trip. In this blog post, we'll dive into the details of the Tanzanian currency to help you prepare for your adventure in this East African gem.
The currency used in Tanzania is the Tanzanian Shilling, abbreviated as TZS. It's advisable to exchange some currency upon arrival in Tanzania, and major currencies like the US Dollar and Euro are often accepted in larger establishments, especially in tourist areas. However, it's essential to have some Tanzanian Shillings for transactions in local markets and smaller businesses. Credit cards are also widely accepted in hotels, restaurants, and shops in urban areas, but it's a good idea to carry some cash for places that may not accept cards.
The Tanzanian Shilling (TZS).
The official currency of Tanzania is the Tanzanian Shilling, abbreviated as TZS. It's the primary means of exchange for goods and services throughout the country. The exchange rate fluctuates, but the Tanzanian Shilling generally offers favorable rates for travelers.
Navigating Currency Exchange:
While the Tanzanian Shilling is the official currency, you might wonder about the practicalities of currency exchange. Here's what you need to know:
Exchange at Airports: Upon your arrival at major Tanzanian airports, you'll find currency exchange desks and ATMs where you can convert your foreign currency into Tanzanian Shillings. This is a convenient option, but keep in mind that airport exchange rates can be less favorable.
Local Banks: Local banks and exchange bureaus are prevalent in major cities and tourist areas. They typically offer competitive exchange rates, and it's advisable to exchange some currency here during your trip.
ATMs: ATMs are widely available in urban areas, and most accept major credit and debit cards. You can withdraw Tanzanian Shillings directly from ATMs, which can be a convenient way to access cash. However, be aware that ATM accessibility may be limited in more remote areas.
US Dollars: While the Tanzanian Shilling is the official currency, US Dollars are often accepted, especially in the tourism sector. It's a good idea to carry some US Dollars in small denominations for emergency situations or when traveling to more remote regions.
Credit Cards and Payments:
Credit cards are accepted in many hotels, lodges, and larger establishments in urban areas. However, when venturing into more remote locations or markets, it's advisable to carry cash in Tanzanian Shillings or US Dollars.
Currency Tips for Travelers:
Notify your bank: Inform your bank of your travel plans to ensure your credit/debit cards work seamlessly in Tanzania.
Small denominations: Carry small denomination Tanzanian Shillings for everyday expenses and tips.
Exchange extra currency: Before leaving Tanzania, consider exchanging your remaining Tanzanian Shillings back into your home currency. Some airports offer currency exchange services.
Understanding the currency used in Tanzania is a key aspect of preparing for your adventure. The Tanzanian Shilling is the primary currency, and it's readily available through banks, ATMs, and exchange bureaus. While US Dollars are widely accepted, especially in the tourism sector, having local currency on hand is beneficial for a more authentic and convenient experience.
Before your trip, it's a good idea to check the most current exchange rates and inform your bank of your travel plans. With a bit of preparation, you'll be well-equipped to explore the stunning landscapes, vibrant cultures, and incredible wildlife that Tanzania has to offer. Enjoy your Tanzanian journey!