MMomoCalc

🇪🇺 EUR to 🇹🇿 TZS Exchange Rate

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.

1 EUR = 3,022 TZS

Updated 2026-06-03

Currency converter

You convert
🇪🇺EUR
Receives
🇹🇿302,186TZS
1 EUR = 3,022 TZS · Updated 2026-06-03 00:00
Send EUR to Tanzania →

EUR → TZS conversion table

EURTZS
13,022
515,109
1030,219
2060,437
50151,093
100302,186
200604,372
5001,510,930
1,0003,021,860
2,0006,043,720
5,00015,109,300
10,00030,218,600

Table computed at the indicative rate of 1 EUR = 3,022 TZS. Real operator-side values include a 1%-4% spread.

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 corridors.

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, Tigo Pesa (now branded Mixx by Yas) 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 abolished the 2021 mobile-money transfer levy on P2P sends but retains a tiered withdrawal levy capped at TZS 4,000 per cash-out at agent or ATM.

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 corridor page.

See the Tanzania inbound corridor comparison →

Related pairs

FAQ

What is the EUR/TZS exchange rate today?
The indicative rate is 1 EUR = 3,022 TZS, updated 2026-06-03. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 EUR in TZS?
100 EUR ≈ 302,186 TZS at the indicative rate. For 100 EUR: 302,186 TZS. Use the converter above to try other amounts.
What's the best way to send Euro to Tanzania?
For EUR to Tanzania transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and the local mobile money operators. The all-in cost depends on the amount and the receiving wallet; see our Tanzania inbound corridor comparison for current side-by-side pricing.
Is the Tanzanian Shilling a stable currency?
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.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

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 corridor comparison.