Convert TZS to NGN — live rate

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

TZS
NGN
1 TZS = 0.5352 NGN Mid-market rate
Updated just now
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Historical TZS/NGN exchange rate

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

Quick reference: TZS to NGN

1 TZS 0.54 NGN
5 TZS 2.68 NGN
10 TZS 5.35 NGN
50 TZS 26.76 NGN
100 TZS 53.52 NGN
500 TZS 267.62 NGN
1,000 TZS 535.23 NGN
5,000 TZS 2,676.17 NGN

Real cost of TZS → NGN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 TZS
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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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.