What is the current TZS to NGN exchange rate?

The current mid-market exchange rate is 1 TZS = 0.5667 NGN. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best TZS to NGN rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert TZS to NGN?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the TZS/NGN rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert TZS to NGN — live rate

Convert Tanzanian Shillings to Nigerian Nairas and compare the real cost of sending money.

You send

TZS

They receive

NGN

1 TZS = 0.5667 NGN • Mid-market rate

Updated just now

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Historical TZS/NGN exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: TZS to NGN

1 TZS → 0.57 NGN

5 TZS → 2.83 NGN

10 TZS → 5.67 NGN

50 TZS → 28.34 NGN

100 TZS → 56.67 NGN

500 TZS → 283.37 NGN

1,000 TZS → 566.75 NGN

5,000 TZS → 2,833.73 NGN

Currency snapshots

TZS — Tanzanian Shilling

ISO Code TZS

Central Bank Bank of Tanzania

Common Notes 500, 1000, 2000, 5000, 10000

Learn more about TZS

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert TZS to NGN — live rate

Historical TZS/NGN exchange rate

Quick reference: TZS to NGN

Real cost of TZS → NGN

Estimated savings

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Currency snapshots