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Tanzanian shilling
The shilling (Swahili: shilingi; abbreviation: TSh; code: TZS) is the currency of Tanzania. It is subdivided into 100 cents (senti in Swahili). The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.
Notation
Prices in the Tanzanian shilling are written in the form of x/y, where x is the amount above 1 shilling, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "" and 100 shillings as "" or "100/-". Sometimes the abbreviation TSh is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. TSh 10 million). This pattern was modelled on sterling's pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence.
Coins
In 1966, coins were introduced in denominations of, , and and , with the struck in bronze, the in nickel-brass (copper-nickel-zinc) and the -/50 and 1/= in cupro-nickel. Cupro-nickel coins were introduced in 1972, followed by scalloped, nickel-brass in 1977. This First Series coins set, in circulation from 1966 up to 1984, was designed by Christopher Ironside OBE. In 1987, nickel-plated steel replaced cupro-nickel in the and, and cupro-nickel and coins were introduced, with the decagonal in shape. In 1990, nickel-clad-steel, and were introduced, followed by brass-plated steel coins for in 1993, in 1996 and copper-nickel-zinc in 1998. Coins currently in circulation are the, , , and. The coin was issued on 8 September 2014.
Banknotes
On 14 June 1966, the Benki Kuu Ya Tanzania (Bank of Tanzania) introduced notes for, , and. The note was replaced by a coin in 1972. notes were introduced in 1985, followed by in 1986, in 1989 and in 1990. The, , and notes were replaced by coins in 1987, 1990, 1996 and 1994, respectively. and notes were introduced in 1995, followed by 2,000/= in 2003. A new series of notes came out in 2011. These new notes include many security features that prevent counterfeiting. Banknotes in circulation today are, , , and
Currently in Circulation
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