The Tanzanian Shilling (TZS) is the official currency of the United Republic of Tanzania. It is subdivided into 100 cents and is symbolized by "TSh." The currency is issued by the Bank of Tanzania, which is responsible for maintaining its stability and managing monetary policy. The Tanzanian Shilling has undergone various changes since its introduction in 1966, replacing the East African Shilling. The currency is used for everyday transactions in Tanzania, including buying goods and services. Exchange rates can fluctuate, so it's important for travelers and businesses to stay informed about current values against other currencies.