EUR to TZS — Euro to Tanzanian Shilling Converter
Convert Euros to Tanzanian Shillings using the latest exchange rate. Enter an amount to see the current EUR to TZS value instantly.
Today: 1 EUR = 2,958.12 TZS · updated Sun, 25 Oct 2026 00:02:31 +0000
This page converts EUR to TZS. Convert another pair →
Rates last updated: 25 Oct 2026 · 03:02 EAT
EUR to TZS at the latest rate
1 EUR = 2,958.124558 TZS, and 1 TZS = 0.000338 EUR.
- 1 EUR= 2,958.12 TZS
- 10 EUR= 29,581.25 TZS
- 100 EUR= 295,812.46 TZS
- 1,000 EUR= 2,958,124.56 TZS
Indicative mid-market rates from open.er-api.com, refreshed hourly · last updated Sun, 25 Oct 2026 00:02:31 +0000. Banks, bureaux de change and mobile-money services apply their own margin, so the rate you are offered will differ.
What you actually get
The rate above is a mid-market rate: the midpoint between what banks pay for a currency and what they sell it for. Nobody trades at it for long. A bank, a bureau de change or a mobile-money service quotes its own rate, and the gap between that and the mid-market rate is how it earns. The table below shows what the gap costs on 1,000 EUR.
| Provider margin | You receive (TZS) | Cost of the margin |
|---|---|---|
| Mid-market (0%) | 2,958,124.56 | — |
| 1% margin | 2,928,543.31 | −29,581.25 |
| 2% margin | 2,898,962.07 | −59,162.49 |
| 4% margin | 2,839,799.58 | −118,324.98 |
The margins are illustrative, not quoted rates — they show what a given margin costs, so you can judge the rate you are offered. The Bank of Tanzania publishes the official reference rates for the shilling: Bank of Tanzania exchange rates.
About these currencies
EUR — Euro. The euro is issued by the European Central Bank and used by the twenty countries of the eurozone. It is widely held as a reserve currency alongside the dollar and appears in Tanzanian trade with Europe and in tourism receipts.
TZS — Tanzanian Shilling. The Tanzanian Shilling is issued by the Bank of Tanzania and is divided into 100 cents, though cents are no longer used in practice. Banknotes run from 500 to 10,000 shillings. Prices for fuel, rent and mobile money are quoted in shillings, so a TZS rate tells you what your money is worth locally.
Frequently asked questions
How many TZS is 1 EUR?
It moves daily with the market. Use the converter above for the latest indicative rate.
Is the Euro accepted in Tanzania?
Euros are sometimes accepted at tourist hotels and operators, but Tanzanian Shillings are required for most payments.
Where can I exchange Euros in Tanzania?
Banks and forex bureaus exchange Euros; rates are usually better in major towns and tourist areas.