Compare today's TZS to LYD (Tanzanian Shilling to Libyan Dinar) exchange rates
Interbank Exchange Rate: 1 TZS = 0.0026 LYD
Updated about an hour ago
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All you need to know about Tanzanian Shilling to Libyan Dinar money transfers
Easily compare money transfer providers in one place to send money from Tanzania to Libya. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to Libyan Dinar (LYD) 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 Tanzania.
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Latest TZS to LYD Conversion Rates
Here are some latest TZS to LYD (Tanzanian Shilling to Libyan Dinar) exchange rates for popular conversion amounts*.
| 1 TZS | 0.00 LYD |
| 5 TZS | 0.01 LYD |
| 10 TZS | 0.03 LYD |
| 25 TZS | 0.07 LYD |
| 50 TZS | 0.13 LYD |
| 100 TZS | 0.26 LYD |
| 150 TZS | 0.39 LYD |
| 200 TZS | 0.52 LYD |
| 250 TZS | 0.65 LYD |
| 300 TZS | 0.78 LYD |
| 400 TZS | 1.04 LYD |
| 500 TZS | 1.30 LYD |
| 600 TZS | 1.56 LYD |
| 700 TZS | 1.82 LYD |
| 800 TZS | 2.08 LYD |
| 1,000 TZS | 2.60 LYD |
| 1,500 TZS | 3.90 LYD |
| 2,000 TZS | 5.20 LYD |
| 2,500 TZS | 6.50 LYD |
| 3,000 TZS | 7.80 LYD |
| 4,000 TZS | 10.40 LYD |
| 5,000 TZS | 13.00 LYD |
| 10,000 TZS | 26.00 LYD |
| 15,000 TZS | 39.00 LYD |
| 20,000 TZS | 52.00 LYD |
| 30,000 TZS | 78.00 LYD |
| 40,000 TZS | 104.00 LYD |
| 50,000 TZS | 130.00 LYD |
| 100,000 TZS | 260.00 LYD |
*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 Libya?
There are many good choices when it comes to sending money from Tanzania to Libya. 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 Tanzanian Shilling to LYD money transfers.We compare different remittance companies to bring you the best options to send money to Libya from Tanzania. 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 Tanzanian Shilling to Libyan Dinar 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 Tanzania to Libya?
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 Libya from Tanzania.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your TZS to Libyan Dinar 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 LYD 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 from Tanzania to Libya?
When you want to send money to Libya from Tanzania, you obviously want the cheapest possible option to maximize the money your recipient gets in Libyan Dinar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your TZS to LYD money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Tanzania to Libya. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Tanzania to Libya exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Libyan Dinar overseas.
How to send money to Libya from Tanzania through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Tanzania to Libya. 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 LYD 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 Libya 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 Libya fast?
If you need to convert TZS to LYD 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 Tanzania to Libya 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 Tanzanian Shilling to Libyan Dinar 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 Libya.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Tanzania to Libya. 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 to Libya from Tanzania?
The first step in selecting the best money transfer operators for Tanzania to Libya 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 Libyan Dinar 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 Libya.
Step by step guide to send money from Tanzania to Libya
Follow the below easy steps to send money to Libya from Tanzania.- 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 Tanzania bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Libya).
- 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.
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.