Tanzania Shilling

The Tanzania Shilling decreased to 1633.50 in April from 1635.50 in March of 2014. Tanzania Shilling averaged 1337.26 from 2003 until 2014, reaching an all time high of 1797.40 in October of 2011 and a record low of 1014.30 in December of 2004. The USDTZS spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the TZS. While the USDTZS spot exchange rate is quoted and exchanged in the same day, the USDTZS forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Tanzania Shilling - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1633.50 1635.50 1797.40 1014.30 1603.68 | 2014/05 2003 - 2014 Daily

TO

Tanzania Shilling
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 1633.50 2014-04-19 1635.50 1797.40 1014.30 1603.68 2014-05-31 [+]
[+]


Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Tanzanian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Tanzania accelerated to 6.1 percent in March of 2014, from 6.0 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 9.8 in March of 2013.
Tanzania Inflation Rate Unchanged in February  
Tanzania's annual inflation rate was 6.0 percent in February of 2014, unchanged from the previous month. The government targets 5.0 percent inflation by June.
Tanzania Inflation Rate Accelerates in January  
In January of 2014, Tanzania’s annual inflation rate increased to 6 percent after falling in December to a 3-year low at 5.6 percent. The rise was mainly due to higher cost of electricity and natural gas and school fees for both private primary and secondary schools.
Tanzania Inflation Rate Slows in December  
In December of 2013, Tanzanian annual inflation rate slowed to 5.6 percent from 6.2 percent in November. In contrast, monthly inflation accelerated to 1.3 percent due to higher cost of both food and non food items such as petrol and clothing.
Tanzania Inflation Rate Falls to 6.2% in November  
In November of 2013, Tanzanian inflation rate regained its downward trend and slowed to 6.2 percent, after accelerating to 6.3 percent in the previous month.
Tanzania Inflation Rate Accelerates to 6.3% in October  
In October of 2013, Tanzanian annual inflation rate increased to 6.3 percent, slightly up from 6.1 percent in the previous month. With the exception of December last year when the rate remained steady, inflation has been on a downward trend since December of 2011, as good harvest seasons led to a fall in food prices.
Tanzania Inflation Rate Decreases to 6.1% In September  
In September of 2013, Tanzanian inflation rate eased to 6.1 percent, from 6.7 percent in August, mainly due to a slowdown in housing and transport prices.
Tanzania Inflation Rate Eases to 6.7% in August  
In August of 2013, Tanzanian inflation rate eased to 6.7 percent, the lowest rate since January of 2011, mainly due to lower food prices.
Tanzania Inflation Rate Slows to 7.5% in July  
In July of 2013, Tanzanian year-on-year inflation rate eased for the seventh consecutive month to 7.5 percent, from 7.6 percent recorded in June, mainly due to lower energy cost.
Tanzanian Inflation Rate Down to 28-Month Low in June  
In June of 2013, Tanzanian year-on-year inflation rate eased for the sixth month in a row to 7.6 percent, the lowest rate since February of 2011. All food and non-food prices decelerated in June, except for education which remained unchanged from May's figure.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News