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

Compare today's TZS to LKR (Tanzanian Shilling to Sri Lankan Rupee) exchange rates

Tanzania
Sri Lanka
TZS

Interbank Exchange Rate: 1 TZS = 0.1196 LKR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 TZS =
116.80 LKR
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.1168 LKR

📢 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 Sri Lankan Rupee money transfers

Easily compare money transfer providers in one place to send money from Tanzania to Sri Lanka. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to Sri Lankan Rupee (LKR) 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 Sri Lanka.

The best rate to send Sri Lankan Rupee from Tanzanian Shilling to your loved ones in Sri Lanka is currently offered by Verto; their 1 TZS to LKR exchange rate today is 0.1168.

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 Sri Lanka 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 LKR Conversion Rates

Here are some latest TZS to LKR (Tanzanian Shilling to Sri Lankan Rupee) exchange rates for popular conversion amounts*.

1 TZS0.12 LKR
5 TZS0.60 LKR
10 TZS1.20 LKR
25 TZS2.99 LKR
50 TZS5.98 LKR
100 TZS11.96 LKR
150 TZS17.94 LKR
200 TZS23.92 LKR
250 TZS29.90 LKR
300 TZS35.88 LKR
400 TZS47.84 LKR
500 TZS59.80 LKR
600 TZS71.76 LKR
700 TZS83.72 LKR
800 TZS95.68 LKR
1,000 TZS119.60 LKR
1,500 TZS179.40 LKR
2,000 TZS239.20 LKR
2,500 TZS299.00 LKR
3,000 TZS358.80 LKR
4,000 TZS478.40 LKR
5,000 TZS598.00 LKR
10,000 TZS1,196.00 LKR
15,000 TZS1,794.00 LKR
20,000 TZS2,392.00 LKR
30,000 TZS3,588.00 LKR
40,000 TZS4,784.00 LKR
50,000 TZS5,980.00 LKR
100,000 TZS11,960.00 LKR

*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 Sri Lanka money transfers?

There are many good choices when it comes to sending money from Tanzania to Sri Lanka. 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 LKR money transfers.

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


How to get the best rate to transfer money to Sri Lanka from Tanzania?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Sri Lanka.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Tanzania to Sri Lanka transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your TZS to Sri Lankan Rupee money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

The final amount your recipient gets when you send TZS to LKR 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 Sri Lanka 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 Sri Lankan Rupee 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 Sri Lanka 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 Sri Lanka?

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 Tanzania to Sri Lanka 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 TZS to LKR transfers.

Given this, there are umpteen additional options to send money to Sri Lanka instead of just your Tanzania 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 Tanzanian Shilling even more so that your recipient in Sri Lanka gets the maximum amount.


How to send money from Tanzania to Sri Lanka fast?

It could be a stressful experience if you need to rush money quickly from Tanzania to Sri Lanka. 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 LKR. 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 Sri Lankan Rupee. 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 Sri Lanka money transfers.


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

The first step in selecting the best money transfer operators for Tanzania to Sri Lanka 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 Sri Lankan Rupee 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 Sri Lanka.


Step by step guide to send money from Tanzania to Sri Lanka

Follow the below easy steps to send money to Sri Lanka 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 Sri Lanka).
  • 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 TZS to LKR 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.