Exchange Rate in Tanzania

Tanzania Exchange Rate (aop) | Economic News & Forecasts

Tanzania - Exchange Rate (average of period)

The economy seemed to remain resilient in Q1, following a strong 2018. In the first three months of the year, credit growth was robust. Moreover, in the year ending March, exports increased, albeit slightly, on the back of rising foreign sales of gold and higher travel and transport receipts. The current account deficit widened, however, as imports outstripped exports due to the government’s infrastructure push. Meanwhile, in mid-April, the government blocked the IMF from publishing its Article IV Consultation report. According to press sources, the report criticized the government for undermining the investment climate, via unpredictable economic policies, and it also questioned the reliability of official statistics.

Tanzania - Exchange Rate (aop) Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD, aop)1,617  1,665  2,011  2,186  2,237  

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Tanzania Exchange Rate (aop) Chart

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

Tanzania Facts

Bond Yield15.380.0 %Jun 14
Exchange Rate2,3000.0 %Jun 14
Stock Market1.10.0 %Jun 11

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