Exchange Rate in Tanzania

Tanzania Exchange Rate | Economic News & Forecasts

Tanzania - Exchange Rate

According to recent reports from the Central Bank, the economy grew 6.7% on average in the first three quarters of 2018, and healthy private sector credit growth in the fourth quarter points to resilient economic dynamics. The construction sector accounted for the lion’s share of growth in Q1-Q3, supported by buoyant public infrastructure spending. That said, the current account deficit widened sizably in 2018: A notable drop in traditional exports was behind the contraction in foreign sales, while a surge in capital good purchases fueled by the government’s infrastructure push boosted imports. In the political arena, parliament granted the government extensive powers over political parties in late January, a move which could undermine investor confidence.

Tanzania - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)1,587  1,733  2,160  2,181  2,240  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Tanzania Exchange Rate Chart


Tanzania Exchange Rate
Note: Exchange rate, TZS per USD (eop).
Source: Thomson Reuters

Tanzania Facts

ValueChangeDate
Exchange Rate2,3450.0 %Mar 11
Stock Market0.10.0 %Mar 11

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form