TZS to BYR

TZS - Tanzanian Shilling (TSh)
BYR - Belarusian Ruble (p.)
1 TZS1 BYR

Currency conversion rates from TZS to BYR

TZSBYR
1 TZS1 BYR
5 TZS5 BYR
10 TZS10 BYR
20 TZS20 BYR
50 TZS50 BYR
100 TZS100 BYR
250 TZS250 BYR
500 TZS500 BYR
1000 TZS1000 BYR
2000 TZS2000 BYR
5000 TZS5000 BYR
10000 TZS10000 BYR
BYRTZS
1 BYR1 TZS
5 BYR5 TZS
10 BYR10 TZS
20 BYR20 TZS
50 BYR50 TZS
100 BYR100 TZS
250 BYR250 TZS
500 BYR500 TZS
1000 BYR1000 TZS
2000 BYR2000 TZS
5000 BYR5000 TZS
10000 BYR10000 TZS

BYR - Belarusian Ruble (2000–2016) (p.)

Belarusian Ruble (2000–2016)

The official currency of Belarus is the Belarusian Ruble (BYR). The symbol used for the Belarusian Ruble is Br. Two ruble series editions were introduced. In 2008, the Belarusian Ruble was tied to the US Dollar rather than to the Russian Ruble, though it is not an official peg.

The Old Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYR can be written BR. The exchange rate for the Old Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYR conversion factor has 3 significant digits.

Economy

  • The Belarus economy shows a stable economic growth of 9%.
  • The main industries are radios, textiles, refrigerators, televisions, trucks, tractors, earthmovers, radios, metal cutting, motorcycles, and machine tools.
  • Agriculture accounts for 11% of the total GDP.
  • Peat is the main mineral resource; it is used for fertilizer and in the chemical industry.
  • The economy is still dependent on Russia.
  • Inflation is estimated at 10% and the unemployment rate is estimated at 8%.
  • 80% of the industry-based economy is controlled by the state.
  • The educational level in Belarus is high, and the country has a large agricultural base.
  • In 1991, companies started the privatization process; however, most of the privatization has been re-nationalized.
  • Belarus is changing from a state-run economy to a free-market system.
  • The country imports oil and gas from Russia.

History

  • The first Belarusian Ruble was introduced in 1992, because Belarus did not have a license to print Soviet Union banknotes.
  • In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. Only banknotes and commemorative coins were issued.
  • Only banknotes were issued in 2000.
  • In 2009, the Central Bank of Belarus reduced the exchange rate by +/- 20%.
  • In 2011, the Central Bank of Belarus again reduced the exchange rate by +/- 56%.

More information about BYR - Belarusian Ruble (2000–2016) (p.)


TZS - Tanzanian Shilling (tzs)

Tanzanian Shilling

The Shilling is the official currency of Tanzania, although the use of US Dollars is widely accepted. The Shilling is subdivided into 100 cents. The Tanzanian Shilling replaced the East African Shilling at par in 1966.

The Tanzanian Shilling is the currency in Tanzania (United Republic of Tanzania, TZ, TZA). The symbol for TZS can be written TSh. The Tanzanian Shilling is divided into 100 cents. The exchange rate for the Tanzanian Shilling was last updated on May 24, 2019 from Yahoo Finance. The TZS conversion factor has 5 significant digits.

Economy

  • Tanzania has embarked on a major restructuring of state-owned enterprises. The program has so far divested 335 out of some 425 parastatal entities.
  • Overall real economic growth has averaged about 4% a year, much better than in the previous 20 years, but not enough to improve the lives of average Tanzanians. The economy is heavily dependent on aid.
  • Tanzania has an external debt of $7.9 billion. The servicing of this debt absorbs about 40% of total government expenditures.
  • Tanzania has qualified for debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) initiative. Debts worth over $6 billion were canceled following implementation of the Paris Club 7 Agreement.

History

  • In 1966, coins were introduced in denominations of 5, 20, and 50 cents and 1 shilling. The 5-cent coin was struck in bronze, the 20-cent in nickel-brass, and the 50-cent and 1 shilling in cupro-nickel.
  • Cupro-nickel 5-shilling coins were introduced in 1972, followed by scalloped, nickel-brass 10-cent coins in 1977. This First Series coins set, in circulation from 1966 to 1984, was designed by Christopher Ironside OBE.
  • In 1987, nickel-clad steel replaced cupro-nickel in the 50-cent and 1-shilling coins, and cupro-nickel 5- and 10-shilling coins were introduced; the 5-shilling was octagonal.
  • In 1990, nickel-clad-steel 5, 10, and 20 shilling coins were introduced, followed by brass 100-shilling coins in 1994, 50-shilling coins in 1996, and 200- shilling coins in 1998. The coins presently in circulation are the 50, 100, and 200 shillings.

More information about TZS - Tanzanian Shilling (tzs)