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Compare today's ISK to TZS (Icelandic Krona to Tanzanian Shilling) exchange rates

Iceland
Tanzania
ISK

Interbank Exchange Rate: 1 ISK = 20.9556 TZS
Updated about an hour ago

Found 1 Remittance Service Providers

PROFEE
Read more about Profee
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 ISK =
21 056.70 TZS
Transfer Limit (ISK): No Limits
Indicative Rate1 ISK = 21.0567 TZS
Refer a friend: earn EUR 25, they earn EUR 10
Get 0 fee on first transfer

📢 Get promotional rate on your first transfer

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 Icelandic Krona to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Iceland to Tanzania. Send money overseas to your loved ones by comparing Icelandic Krona (ISK) 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 1 money transfer operators to get you the best FX rates to send money from Iceland to Tanzania.

The best rate to send Tanzanian Shilling from Icelandic Krona to your loved ones in Tanzania is currently offered by Profee; their 1 ISK to TZS exchange rate today is 21.0567.

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 Iceland.

Were you looking to send money from Tanzania to Iceland 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 ISK to TZS Conversion Rates

Here are some latest ISK to TZS (Icelandic Krona to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 ISK20.96 TZS
5 ISK104.78 TZS
10 ISK209.56 TZS
25 ISK523.89 TZS
50 ISK1,047.78 TZS
100 ISK2,095.56 TZS
150 ISK3,143.34 TZS
200 ISK4,191.12 TZS
250 ISK5,238.90 TZS
300 ISK6,286.68 TZS
400 ISK8,382.24 TZS
500 ISK10,477.80 TZS
600 ISK12,573.36 TZS
700 ISK14,668.92 TZS
800 ISK16,764.48 TZS
1,000 ISK20,955.60 TZS
1,500 ISK31,433.40 TZS
2,000 ISK41,911.20 TZS
2,500 ISK52,389.00 TZS
3,000 ISK62,866.80 TZS
4,000 ISK83,822.40 TZS
5,000 ISK104,778.00 TZS
10,000 ISK209,556.00 TZS
15,000 ISK314,334.00 TZS
20,000 ISK419,112.00 TZS
30,000 ISK628,668.00 TZS
40,000 ISK838,224.00 TZS
50,000 ISK1,047,780.00 TZS
100,000 ISK2,095,560.00 TZS

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


What's the best way to send money to Tanzania from Iceland?

There are many good choices when it comes to sending money from Iceland to Tanzania. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Icelandic Krona to TZS money transfers.

We compare different remittance companies to bring you the best options to send money to Tanzania from Iceland. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Icelandic Krona to Tanzanian Shilling money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Iceland 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 ISK 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 Iceland 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 ISK 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 for transferring money to Tanzania from Iceland?

Finding the cheapest way to send money from Iceland to Tanzania might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ISK to TZS via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Iceland to Tanzania exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Tanzania from Iceland through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Iceland to Tanzania. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ISK to TZS exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Iceland bank for your Tanzania money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Iceland to Tanzania fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Iceland 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 ISK 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 Icelandic Krona 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 Iceland to Tanzania?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Iceland to Tanzania, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Icelandic Krona to Tanzanian Shilling exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your TZS money transfers to Tanzania. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Tanzania getting more money for every Icelandic Krona you send.


Step by step guide to send money to Tanzania from Iceland

With so many possible ways to transfer Icelandic Krona to Tanzanian Shilling, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Iceland to Tanzania remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Iceland and the receiver in Tanzania. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your ISK to Tanzanian Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.