USD/TZS
Market Open
15 Jun, 12:41
TZS
2,630. 00
+7.51
+0.2864%
TZS
2,089 Volume
TZS 2,622.488
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USDTZS Overview
USDTZS denotes the exchange rate between Tether (USD) and the Tanzanian shilling, indicating how many Tanzanian shillings are required to buy one unit of USDT. It effectively tracks the value of a US dollar–pegged stablecoin when priced against TZS in over-the-counter and exchange markets.
Tether (USD) is a USD-pegged stablecoin issued by Tether Limited and widely used across global cryptocurrency markets as a digital proxy for the US dollar. It is a privately issued digital asset rather than a fiat currency and does not have an issuing central bank.
The Tanzanian shilling (TZS) is the sovereign currency of the United Republic of Tanzania in East Africa and is issued and regulated by the Bank of Tanzania, the country’s central bank. TZS is used for domestic transactions and official monetary policy operations within Tanzania’s economy.
Market forces determine the USDTZS rate, with supply and demand, interest rate differentials, inflation trends, central bank policies and FX interventions all influencing price discovery. Liquidity in crypto markets, capital flows, commodity prices and geopolitical developments also contribute to short- and medium-term movements.
For market participants, USDTZS is relevant for obtaining dollar-denominated liquidity, settling cross-border payments, hedging exposure to TZS volatility and pursuing speculative or arbitrage opportunities between crypto and fiat markets.
Tether (USD) is a USD-pegged stablecoin issued by Tether Limited and widely used across global cryptocurrency markets as a digital proxy for the US dollar. It is a privately issued digital asset rather than a fiat currency and does not have an issuing central bank.
The Tanzanian shilling (TZS) is the sovereign currency of the United Republic of Tanzania in East Africa and is issued and regulated by the Bank of Tanzania, the country’s central bank. TZS is used for domestic transactions and official monetary policy operations within Tanzania’s economy.
Market forces determine the USDTZS rate, with supply and demand, interest rate differentials, inflation trends, central bank policies and FX interventions all influencing price discovery. Liquidity in crypto markets, capital flows, commodity prices and geopolitical developments also contribute to short- and medium-term movements.
For market participants, USDTZS is relevant for obtaining dollar-denominated liquidity, settling cross-border payments, hedging exposure to TZS volatility and pursuing speculative or arbitrage opportunities between crypto and fiat markets.
USDTZS Chart
USDTZS FAQ
What is the current USD/TZS price?
The current rate is TZS2,629.998000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the USD/TZS rate changed today?
The rate has changed by +7.51 (+0.2864%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was TZS2,622.488000, 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 USD/TZS moving up or down?
Movements in USD/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 (+0.2864%) is based on the difference between the current rate and the previous closing rate.
Is USD/TZS trending up or down right now?
If the current rate (TZS2,629.998000) is above the previous close (TZS2,622.488000), 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 USD/TZS directly on this page.
