EUR/TZS
Market Open
12 Jun, 11:19
TZS
3,088. 20
+117
+3.9378%
TZS
1 Volume
TZS 2,971.2
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EURTZS Overview
The EURTZS exchange rate shows how many Tanzanian shillings are needed to buy one euro, reflecting the value of the Euro (EUR) priced in Tanzanian Shillings (TZS). It serves as the market quote for cross-currency transactions between the euro area and Tanzania.
The euro is the common currency used by the Eurozone, comprising multiple European Union member states. Managed and issued by the European Central Bank (ECB), the euro functions as a major international currency and a key benchmark in global finance.
The Tanzanian shilling is the official currency of the United Republic of Tanzania and is issued by the Bank of Tanzania. As the country’s legal tender, the shilling underpins domestic transactions, monetary policy implementation, and regional trade settlement.
Values for EURTZS are set by market supply and demand and are sensitive to interest rate differentials, inflation dynamics, and actions taken by the ECB or the Bank of Tanzania. Economic data releases, geopolitical developments, commodity price movements, and cross-border capital flows further shape short- and long-term price trends.
Movements in EURTZS are relevant to importers, exporters, investors and currency traders — influencing trade costs, hedging needs, remittance values and opportunities for portfolio diversification or speculative strategies.
The euro is the common currency used by the Eurozone, comprising multiple European Union member states. Managed and issued by the European Central Bank (ECB), the euro functions as a major international currency and a key benchmark in global finance.
The Tanzanian shilling is the official currency of the United Republic of Tanzania and is issued by the Bank of Tanzania. As the country’s legal tender, the shilling underpins domestic transactions, monetary policy implementation, and regional trade settlement.
Values for EURTZS are set by market supply and demand and are sensitive to interest rate differentials, inflation dynamics, and actions taken by the ECB or the Bank of Tanzania. Economic data releases, geopolitical developments, commodity price movements, and cross-border capital flows further shape short- and long-term price trends.
Movements in EURTZS are relevant to importers, exporters, investors and currency traders — influencing trade costs, hedging needs, remittance values and opportunities for portfolio diversification or speculative strategies.
EURTZS Chart
EURTZS FAQ
What is the current EUR/TZS price?
The current rate is TZS3,088.200000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/TZS rate changed today?
The rate has changed by +117 (+3.9378%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was TZS2,971.200000, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is EUR/TZS moving up or down?
Movements in EUR/TZS are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+3.9378%) is based on the difference between the current rate and the previous closing rate.
Is EUR/TZS trending up or down right now?
If the current rate (TZS3,088.200000) is above the previous close (TZS2,971.200000), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for EUR/TZS directly on this page.
