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Compare today's USD to TZS (US Dollar to Tanzanian Shilling) exchange rates

British Indian Ocean Territory
Tanzania
USD

Interbank Exchange Rate: 1 USD = 2,581.5400 TZS
Updated about 1 hours ago

Found 4 Remittance Service Providers

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1000 USD =
2 581 456.00 TZS
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 2,581.4560 TZS

📢 B2B transfers only
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1000 USD =
2 479 223.10 TZS
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 2,479.2231 TZS
(*)(*)(*)(*)(*)
1000 USD =
2 478 903.30 TZS
Transfer Limit (USD): 1 - 1000000
Locked-In Rate1 USD = 2,478.9033 TZS
(*)(*)(*)( )( )
1000 USD =
2 461 031.10 TZS
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 2,461.0311 TZS

📢 New! Cash pickup available

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about US Dollar to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from British Indian Ocean Territory to Tanzania. Send money overseas to your loved ones by comparing US Dollar (USD) to Tanzanian Shilling (TZS) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 4 money transfer operators to get you the best FX rates to send money from British Indian Ocean Territory to Tanzania.

The best rate to send Tanzanian Shilling from US Dollar to your loved ones in Tanzania is currently offered by Verto; their 1 USD to TZS exchange rate today is 2,581.4560.

OFX offers the next most competitive US Dollar to Tanzanian Shilling exchange rate today (currently 1 USD = 2,479.2231 TZS).

Two other competitive providers for sending money from British Indian Ocean Territory to Tanzania are Wise and XE Money Transfer.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from British Indian Ocean Territory.

Were you looking to send money from Tanzania to British Indian Ocean Territory instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest USD to TZS Conversion Rates

Here are some latest USD to TZS (US Dollar to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 USD2,581.54 TZS
5 USD12,907.70 TZS
10 USD25,815.40 TZS
25 USD64,538.50 TZS
50 USD129,077.00 TZS
100 USD258,154.00 TZS
150 USD387,231.00 TZS
200 USD516,308.00 TZS
250 USD645,385.00 TZS
300 USD774,462.00 TZS
400 USD1,032,616.00 TZS
500 USD1,290,770.00 TZS
600 USD1,548,924.00 TZS
700 USD1,807,078.00 TZS
800 USD2,065,232.00 TZS
1,000 USD2,581,540.00 TZS
1,500 USD3,872,310.00 TZS
2,000 USD5,163,080.00 TZS
2,500 USD6,453,850.00 TZS
3,000 USD7,744,620.00 TZS
4,000 USD10,326,160.00 TZS
5,000 USD12,907,700.00 TZS
10,000 USD25,815,400.00 TZS
15,000 USD38,723,100.00 TZS
20,000 USD51,630,800.00 TZS
30,000 USD77,446,200.00 TZS
40,000 USD103,261,600.00 TZS
50,000 USD129,077,000.00 TZS
100,000 USD258,154,000.00 TZS

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from British Indian Ocean Territory to Tanzania?

With the global remittance market booming, there are so many choices for United States Dollar to TZS money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Tanzania from British Indian Ocean Territory. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final TZS amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from British Indian Ocean Territory to Tanzania?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your USD to Tanzanian Shilling money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from British Indian Ocean Territory to Tanzania. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for USD to TZS remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from British Indian Ocean Territory to Tanzania?

One of the most important things to watch out for is hidden fees when sending money to Tanzania from British Indian Ocean Territory. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Tanzania using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Tanzanian Shilling foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best USD to Tanzania exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Tanzania from British Indian Ocean Territory.


How to send money from British Indian Ocean Territory to Tanzania through a bank?

Big banks in British Indian Ocean Territory are known to make a lot of money by charging high fees on Tanzania money transfers from British Indian Ocean Territory. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a USD to TZS exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Tanzania. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from British Indian Ocean Territory to Tanzania. You work hard for your money, so you should also ensure you get the maximum yield when you send TZS overseas.


How to send money to Tanzania from British Indian Ocean Territory fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from British Indian Ocean Territory to Tanzania. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert USD to TZS fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your United States Dollar amount reaching Tanzania. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Tanzanian Shilling quickly to Tanzania, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from British Indian Ocean Territory to Tanzania?

Since the United States Dollar to Tanzanian Shilling money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in British Indian Ocean Territory that may also be able to send money to Tanzania. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your USD to TZS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Tanzania gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next British Indian Ocean Territory to Tanzania transaction.


Step by step guide to do a money transfer from British Indian Ocean Territory to Tanzania

There are many important aspects of British Indian Ocean Territory to Tanzania remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - British Indian Ocean Territory bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include TZS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much United States Dollar amount you want to send from British Indian Ocean Territory.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Tanzania to validate that they get the money once the transaction clears.