🇪🇺 EUR to 🇹🇿 TZS — Euro to Tanzanian Shilling Rate Today
Indicative interbank rate. Interbank rate updated 19 Jul 03:00 UTC (less than 1h ago) · ExchangeRate-API (interbank)
Convert Euro to Tanzanian Shilling using the live indicative interbank rate and the converter below. Covers the cost of sending to Tanzania via the major mobile money apps.
EUR to TZS rate change
Rate tracking started 5 June 2026. Longer windows fill in as history grows.
Change in the EUR→TZS rate. + means the Tanzanian Shilling weakened against the Euro; − means it strengthened.
Currency converter
EUR → TZS conversion table
| EUR | TZS |
|---|---|
| 1 | 2,983 |
| 5 | 14,913 |
| 10 | 29,825 |
| 20 | 59,651 |
| 50 | 149,127 |
| 100 | 298,253 |
| 200 | 596,506 |
| 500 | 1,491,265 |
| 1,000 | 2,982,530 |
| 2,000 | 5,965,060 |
| 5,000 | 14,912,650 |
| 10,000 | 29,825,300 |
Table computed at the indicative rate of 1 EUR = 2,983 TZS. Real operator-side values include a 1%-4% spread.
Euro to Tanzanian Shilling exchange rate history
What moves the Tanzanian Shilling rate
The Tanzanian shilling is on a managed float under the Bank of Tanzania. Gold, tourism, agricultural exports (cashews, coffee) and the import bill — including used vehicles from Japan — shape the rate.
About the Euro
The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD. Two African monetary unions — the West African Economic and Monetary Union (UEMOA / XOF) and the Central African Economic and Monetary Community (CEMAC / XAF) — peg their CFA francs to the EUR at the fixed rate of 655.957 CFA = 1 EUR. The peg has been in continuous operation since the 1999 introduction of the Euro, and replaced the prior French franc peg. For diaspora remitters in France, Belgium, Italy, Spain, Portugal and Germany, the EUR is the dominant send currency for the WAEMU and CEMAC routes.
About the Tanzanian Shilling
The Tanzanian Shilling (TZS, TSh) is the official currency of Tanzania, issued by the Bank of Tanzania and notionally subdivided into 100 cents — though the cent denomination is no longer in circulation. Tanzania operates a managed-float regime, and the Shilling has been comparatively stable against the USD over the 2020s relative to peers, partly because of consistent gold-export revenue and a current-account balance closer to neutral. M-Pesa, Mixx by Yas (ex Tigo Pesa) and Airtel Money dominate the in-country mobile-money landscape, and the Bank of Tanzania has been progressive in enabling cross-border M-Pesa Global transfers to Kenya, Uganda, Rwanda and beyond. Tanzania scrapped the 2021 transfer levy on P2P sends from 1 October 2022 but kept a banded withdrawal levy on cash-out at a mobile-money agent, from TZS 10 up to a maximum of TZS 2,000.
How to send Euro to Tanzania
For transfers from Eurozone to Tanzania, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our Tanzania inbound transfer page.
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FAQ
What is the EUR/TZS exchange rate today?
How much is 100 EUR in TZS?
What's the best way to send Euro to Tanzania?
Is the Tanzanian Shilling a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Tanzania, see the inbound transfer comparison.