TZS to MXV

TZS - Tanzanian Shilling (TSh)
MXV - Mexican Investment Unit (MXV)
1 TZS1 MXV

Currency conversion rates from TZS to MXV

TZSMXV
1 TZS1 MXV
5 TZS5 MXV
10 TZS10 MXV
20 TZS20 MXV
50 TZS50 MXV
100 TZS100 MXV
250 TZS250 MXV
500 TZS500 MXV
1000 TZS1000 MXV
2000 TZS2000 MXV
5000 TZS5000 MXV
10000 TZS10000 MXV
MXVTZS
1 MXV1 TZS
5 MXV5 TZS
10 MXV10 TZS
20 MXV20 TZS
50 MXV50 TZS
100 MXV100 TZS
250 MXV250 TZS
500 MXV500 TZS
1000 MXV1000 TZS
2000 MXV2000 TZS
5000 MXV5000 TZS
10000 MXV10000 TZS

MXV - ()

The Mexican Unidad De Inversion is the currency in Mexico (MX, MEX). The symbol for MXV can be written UDI. The exchange rate for the Mexican Unidad De Inversion was last updated on Today from the Central Bank of Mexico. The MXV conversion factor has 7 significant digits. The Unidad de Inversion (literally unit of investment) is an index of funds controlled by the Mexican government and used in the Mexican credit industry.

More information about MXV - ()


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)