The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Canada can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Canada bank accounts or pay a Canadian dollar invoice.
TZS to CAD Market Data
Tanzanian shilling (TZS) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell TZS →
Buy CAD
1 TZS = 0.000524 CAD
▲+0.2% since yesterday
60d-highs
TZS to CAD is at 60-day highs near 0.000524, just above its 3-month average, having traded in a relatively stable 7.5% range from 0.000509 to 0.000547
Is the TZS to CAD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Tanzanian shilling against the Canadian dollar is to review how the TZS/CAD rate has changed over time.
The table below shows the percentage change in the TZS to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
TZS/CAD
Period
31 May 2025
0.000510
2 Week
16 Mar 2025
0.000541
3 Month
14 Jun 2024
0.000528
1 Year
15 Jun 2020
0.000585
5 Year
17 Jun 2015
0.000550
10 Year
19 Jun 2005
0.001091
20 Year
TZS/CAD historic rates
TZS to CAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Tanzanian shilling are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different TZS amounts at today’s rate * :
What is the
best Send Money conversion rate for TZS to CAD?
The best TZS to CAD exchange rate is 0.0005 from WorldRemit. This is -4.6% compared to the mid-market rate 0.000524.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Tanzanian shilling (TZS) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Shilling to Loonie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest TZS-CAD mid-rate and the possible savings of using various providers.
How do TZS-CAD rates compare between providers?
Looking at the
full comparison table
the best TZS to CAD exchange rate is 0.0005 from WorldRemit, -4.6% from the mid-market rate 0.000524.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.