The TZS, or Tanzanian Shilling, is the official currency of Tanzania. It is abbreviated as TZS and is subdivided into 100 cents. The currency is issued by the Bank of Tanzania, which is responsible for maintaining its value and stability in the economy. The Tanzanian Shilling is used for everyday transactions in Tanzania, including buying goods and services. The symbol for the shilling is often represented as "TSh." The exchange rate of TZS can fluctuate against other currencies, reflecting the economic conditions of the country.