Money Matters
The unit of currency is the Tanzanian Shilling (TSh). Notes are issued as TSh10,000; 5000; 1000; 500; 200 and 100. Coins are TSh100; 50; 20; 10, 5 and 1.
CURRENCY
The unit of currency is the Tanzanian shilling (Tsh). There is no limit on the amount of foreign currency that can be imported.
EXCHANGE RATE
The exchange rate is in your favour. Generally you will find that fine cuisine, wine and entertainment cost a fraction of the tariff charged by equivalent establishments elsewhere in the world. As a guide, petrol costs around TSh480 per litre.
BANKS
Banks and forex bureaux are available at the airport and in all main towns.
Banking hours:
Mon – Fri: 08:30 – 12:30
Sat: 08:30 – 13:30
A few branches in the major towns open until 16:30 on weekdays. Foreign currency in cash or traveller’s cheques may be exchanged through authorised dealers, commercial banks and at Bureau de Change at the international airports, major towns and border posts. Visitors are strongly advised against changing money on the black market. Some of the black marketers are undercover policemen, while others are likely to be con artists.
CREDIT CARDS
Visa and MasterCard are accepted by most top hotels and lodges around the country. In addition to credit cards, clients should bring US dollars cash and traveller’s cheques.
TIPPING
Service charges are included in the bill and tips are forbidden, but are still accepted as a friendly gesture. Haggling is quite acceptable in shops selling local handcrafts.
The international dialling code for Tanzania is +255. A direct international dialling service is available from the major hotels. Both local and long distance calls are metered on a time basis and you pay for every second. Satellite phones are available at certain lodges at a rate of US$10 per minute. The international exchange is very reliable outside of major towns. Mobile telephone services are also available. Telex and fax facilities are available at most hotels. E-mail and Internet facilities are also available at major international hotels, Internet use has picked up rapidly in Tanzania and there are over 100 services providers in the country.
ELECTRICITY
Electricity is available at 230/240 volts AC, 50 Hz. Plugs are square 3-pin, fused or unfused. British plugs are used.
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Money Matters
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