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

Tanzania
British Indian Ocean Territory
TZS

Interbank Exchange Rate: 1 TZS = 0.0004 USD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 TZS =
0.40 USD
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.0004 USD

📢 B2B transfers only

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 Tanzanian Shilling to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Tanzania to British Indian Ocean Territory. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to US Dollar (USD) 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.

When making a money transfer to British Indian Ocean Territory from Tanzania, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to British Indian Ocean Territory and their 1 TZS to USD exchange rate today is 0.0004.

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 Tanzania.

Were you looking to send money from British Indian Ocean Territory to Tanzania 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 TZS to USD Conversion Rates

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

1 TZS0.00 USD
5 TZS0.00 USD
10 TZS0.00 USD
25 TZS0.01 USD
50 TZS0.02 USD
100 TZS0.04 USD
150 TZS0.06 USD
200 TZS0.08 USD
250 TZS0.10 USD
300 TZS0.12 USD
400 TZS0.16 USD
500 TZS0.20 USD
600 TZS0.24 USD
700 TZS0.28 USD
800 TZS0.32 USD
1,000 TZS0.40 USD
1,500 TZS0.60 USD
2,000 TZS0.80 USD
2,500 TZS1.00 USD
3,000 TZS1.20 USD
4,000 TZS1.60 USD
5,000 TZS2.00 USD
10,000 TZS4.00 USD
15,000 TZS6.00 USD
20,000 TZS8.00 USD
30,000 TZS12.00 USD
40,000 TZS16.00 USD
50,000 TZS20.00 USD
100,000 TZS40.00 USD

*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 Tanzania to British Indian Ocean Territory?

Sending money internationally to British Indian Ocean Territory from Tanzania can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Tanzanian Shilling to USD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to British Indian Ocean Territory. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in United States Dollar.


How to get the best remit rate for transferring money from Tanzania to British Indian Ocean Territory?

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 Tanzania to British Indian Ocean Territory 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 TZS to United States Dollar 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 Tanzanian Shilling to United States Dollar 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 to British Indian Ocean Territory from Tanzania?

One of the most important things to watch out for is hidden fees when sending money to British Indian Ocean Territory from Tanzania. 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 British Indian Ocean Territory using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best TZS to British Indian Ocean Territory 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 British Indian Ocean Territory from Tanzania.


Should I use my bank to transfer money from Tanzania to British Indian Ocean Territory?

Big banks in Tanzania are known to make a lot of money by charging high fees on British Indian Ocean Territory money transfers from Tanzania. 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 TZS to USD 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 British Indian Ocean Territory. 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 Tanzania to British Indian Ocean Territory. You work hard for your money, so you should also ensure you get the maximum yield when you send USD overseas.


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

The speed of your Tanzanian Shilling to United States Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert TZS to USD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to British Indian Ocean Territory from Tanzania is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in British Indian Ocean Territory if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Tanzania bank to British Indian Ocean Territory bank transfer.


Which are the best money transfer companies to send money to British Indian Ocean Territory from 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 Tanzania to British Indian Ocean Territory, 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 Tanzanian Shilling to United States Dollar 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 USD money transfers to British Indian Ocean Territory. 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 British Indian Ocean Territory getting more money for every Tanzanian Shilling you send.


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

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Tanzania to British Indian Ocean Territory, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Tanzania to British Indian Ocean Territory that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in British Indian Ocean Territory where they can receive monies in United States Dollar.
  • Then, provide details of your Tanzania bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your TZS travel to another part of the globe.