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

Compare today's TZS to NZD (Tanzanian Shilling to New Zealand Dollar) exchange rates

Tanzania
New Zealand
TZS
Interbank Exchange Rate: 1 TZS = 0.0007 NZD
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 TZS =
0.70 NZD
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.0007 NZD

📢 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 New Zealand Dollar money transfers

Easily compare money transfer providers in one place to send money from Tanzania to New Zealand. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to New Zealand Dollar (NZD) 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 New Zealand from Tanzania, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to New Zealand and their 1 TZS to NZD exchange rate today is 0.0007.

Were you looking to send money from New Zealand to Tanzania instead?

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.

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.


Latest TZS to NZD Conversion Rates

Here are some latest TZS to NZD (Tanzanian Shilling to New Zealand Dollar) exchange rates for popular conversion amounts*.

1 TZS0.00 NZD
5 TZS0.00 NZD
10 TZS0.01 NZD
25 TZS0.02 NZD
50 TZS0.03 NZD
100 TZS0.07 NZD
150 TZS0.11 NZD
200 TZS0.14 NZD
250 TZS0.18 NZD
300 TZS0.21 NZD
400 TZS0.28 NZD
500 TZS0.35 NZD
600 TZS0.42 NZD
700 TZS0.49 NZD
800 TZS0.56 NZD
1,000 TZS0.70 NZD
1,500 TZS1.05 NZD
2,000 TZS1.40 NZD
2,500 TZS1.75 NZD
3,000 TZS2.10 NZD
4,000 TZS2.80 NZD
5,000 TZS3.50 NZD
10,000 TZS7.00 NZD
15,000 TZS10.50 NZD
20,000 TZS14.00 NZD
30,000 TZS21.00 NZD
40,000 TZS28.00 NZD
50,000 TZS35.00 NZD
100,000 TZS70.00 NZD

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


What's the best way to transfer money from Tanzania to New Zealand?

There are many good choices when it comes to sending money from Tanzania to New Zealand. 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 NZD money transfers.

We compare different remittance companies to bring you the best options to send money to New Zealand 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 New Zealand Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Tanzania to New Zealand?

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 TZS to New Zealand Dollar 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 Tanzania to New Zealand. 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 TZS to NZD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

The final amount your recipient gets when you send TZS to NZD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Tanzania to New Zealand used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send New Zealand Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Tanzanian Shilling to New Zealand exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Tanzania to New Zealand?

Bank transfers have been a traditionally popular way to send money overseas from Tanzania to New Zealand. 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 NZD 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 New Zealand 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 to New Zealand from Tanzania fast?

It could be a stressful experience if you need to rush money quickly from Tanzania to New Zealand. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert TZS to NZD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in New Zealand Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Tanzania to New Zealand money transfers.


Which are the best money transfer companies to transfer money to New Zealand from Tanzania?

Since the Tanzanian Shilling to New Zealand Dollar 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 Tanzania that may also be able to send money to New Zealand. 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 TZS to NZD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in New Zealand gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Tanzania to New Zealand transaction.


Step by step guide to send money to New Zealand from Tanzania

With so many possible ways to transfer Tanzanian Shilling to New Zealand Dollar, 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 Tanzania to New Zealand 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 Tanzania and the receiver in New Zealand. 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 TZS to New Zealand Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.