Send money overseas with Bancoli to take advantage of bank-beating exchange rates

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

Tanzania
Guam
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 Guam. 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Tanzania to Guam.

The best rate to send US Dollar from Tanzanian Shilling to your loved ones in Guam is currently offered by Verto; 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 Guam 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 do Tanzania to Guam money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Tanzania to Guam. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Tanzanian Shilling to USD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send TZS to USD in Guam. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Guam from Tanzania. We provide you with maximum choices to send money to Guam by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Guam from Tanzania?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Guam from Tanzania.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your TZS to United States Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for TZS to USD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Guam from Tanzania?

One of the most important things to watch out for is hidden fees when sending money to Guam 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 Guam 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 Guam 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 Guam from Tanzania.


Should I use my bank to send money from Tanzania to Guam?

Bank transfers have been a traditionally popular way to send money overseas from Tanzania to Guam. 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 TZS to USD 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 Tanzania bank for your Guam 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 Tanzania to Guam 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 Guam 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 Guam 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 Guam bank transfer.


Which are the best money transfer companies to send money to Guam from Tanzania?

The first step in selecting the best money transfer operators for Tanzania to Guam remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Tanzanian Shilling to United States Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Guam.


Step by step guide to transfer money to Guam from Tanzania

There are many important aspects of Tanzania to Guam 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 - Tanzania 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 USD 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 Tanzanian Shilling amount you want to send from Tanzania.
  • 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 Guam to validate that they get the money once the transaction clears.