Tanzania Exchange Rate (TZS per USD, eop)

Exchange Rate in Tanzania

Softer price increases for food, transport, and housing and utilities pushed inflation down to an 11-month low of 4.3% in April (March: 4.7%). On average, inflation will be higher this year than in 2022, but will hover around the Central Bank’s 5.0% target. A more dynamic economy and a weaker shilling will push inflation up.