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Compare today's STD to TZS (Sao Tome and Principe Dobra to Tanzanian Shilling) exchange rates

Sao Tome and Principe
Tanzania
STD

Interbank Exchange Rate: 1 STD = 0.1161 TZS
Updated about an hour ago

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All you need to know about Sao Tome and Principe Dobra to Tanzanian Shilling money transfers

Easily compare money transfer providers in one place to send money from Sao Tome and Principe to Tanzania. Send money overseas to your loved ones by comparing Sao Tome and Principe Dobra (STD) 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.

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 Sao Tome and Principe.

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Latest STD to TZS Conversion Rates

Here are some latest STD to TZS (Sao Tome and Principe Dobra to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 STD0.12 TZS
5 STD0.58 TZS
10 STD1.16 TZS
25 STD2.90 TZS
50 STD5.81 TZS
100 STD11.61 TZS
150 STD17.42 TZS
200 STD23.22 TZS
250 STD29.03 TZS
300 STD34.83 TZS
400 STD46.44 TZS
500 STD58.05 TZS
600 STD69.66 TZS
700 STD81.27 TZS
800 STD92.88 TZS
1,000 STD116.10 TZS
1,500 STD174.15 TZS
2,000 STD232.20 TZS
2,500 STD290.25 TZS
3,000 STD348.30 TZS
4,000 STD464.40 TZS
5,000 STD580.50 TZS
10,000 STD1,161.00 TZS
15,000 STD1,741.50 TZS
20,000 STD2,322.00 TZS
30,000 STD3,483.00 TZS
40,000 STD4,644.00 TZS
50,000 STD5,805.00 TZS
100,000 STD11,610.00 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 from Sao Tome and Principe to Tanzania?

There are many good choices when it comes to sending money from Sao Tome and Principe 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 Sao Tome and Principe Dobra to TZS money transfers.

We compare different remittance companies to bring you the best options to send money to Tanzania from Sao Tome and Principe. 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 Sao Tome and Principe Dobra 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 Sao Tome and Principe to Tanzania?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Sao Tome and Principe to Tanzania transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your STD to Tanzanian Shilling international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Sao Tome and Principe Dobra to Tanzanian Shilling exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Sao Tome and Principe to Tanzania?

One of the most important things to watch out for is hidden fees when sending money to Tanzania from Sao Tome and Principe. 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 STD 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 Sao Tome and Principe.


How to send money from Sao Tome and Principe to Tanzania through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Sao Tome and Principe to Tanzania money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like STD to TZS transfers.

Given this, there are umpteen additional options to send money to Tanzania instead of just your Sao Tome and Principe bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Sao Tome and Principe Dobra even more so that your recipient in Tanzania gets the maximum amount.


How to send money to Tanzania from Sao Tome and Principe fast?

If you need to convert STD to TZS as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Sao Tome and Principe to Tanzania could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Sao Tome and Principe Dobra to Tanzanian Shilling funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Tanzania.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Sao Tome and Principe to Tanzania. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Sao Tome and Principe to Tanzania?

Since the Sao Tome and Principe Dobra 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 Sao Tome and Principe 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 STD 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 Sao Tome and Principe to Tanzania transaction.


Step by step guide to do a money transfer from Sao Tome and Principe to Tanzania

Follow the below easy steps to send money to Tanzania from Sao Tome and Principe.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Sao Tome and Principe bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Tanzania).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your STD to TZS remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.