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EUR/TZS - Live Chart & Exchange Rate

1 EUR = 2,990.14 TZS

Indicative rate, updated 22 hours ago. Not a live dealing rate - confirm with your broker before trading.

EUR/TZS Sentiment Gauge

A live technical-analysis reading for EUR/TZS, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

EUR/TZS tracks the Euro against the Tanzanian Shilling. For anyone in Tanzania who earns, saves, imports or trades in Shillings, it shows how much Euro your money can buy. It is driven mainly by gold prices on the Tanzanian side and ecb interest-rate policy on the EUR side.

Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.

EUR/TZS Key Statistics

Latest

2,990.14

1 Oct 2026

Highest since Mar 2024

3,098.47

25 Jun 2025

Lowest since Mar 2024

2,486.96

1 Jan 2025

12-month average

2,985.19

2,814.14 – 3,089.51

30 days: -3.22% 90 days: -0.13% 1 year: +3.85%

Over the past year EUR/TZS has risen 3.85%, meaning the EUR has strengthened against the TZS. In the last 30 days it has moved down 3.22%. Across the last 12 months it traded between 2,814.14 and 3,089.51. Its highest level in the data window (since March 2024) was 3,098.47 on 25 Jun 2025, and its lowest was 2,486.96 on 1 Jan 2025.

Based on weekly data from 6 Mar 2024 to 1 Oct 2026. Source: weekly rate snapshots (currency-api). A rising rate means the EUR is strengthening against the TZS. Past performance does not predict future results.

What Moves EUR/TZS

A pair's price is one currency's value measured against another, so the economy behind each side matters.

Euro (EUR)

Eurozone (20 EU countries) · European Central Bank (ECB) · Free float

The Euro is the world's second most traded and held reserve currency, shared by twenty European Union countries with a single monetary policy.

Major contributors to the economy

  • Advanced manufacturing and cars (Germany)
  • Services and finance
  • Tourism
  • Chemicals and pharmaceuticals
  • Agriculture and food

Key factors

  • ECB interest-rate policy. ECB decisions and guidance on rates and bond buying are the main driver of the Euro.
  • Eurozone inflation and growth. Flash inflation figures and business surveys (PMIs) shift rate expectations.
  • Energy prices. Europe imports most of its energy, so high gas and oil prices weigh on the Euro.
  • Political and debt risk. Elections and bond-spread stress in members such as Italy can hurt the currency.

Tanzanian Shilling (TZS)

Tanzania · Bank of Tanzania (BoT) · Floating (managed by the Bank of Tanzania)

The Tanzanian Shilling is the currency of East Africa's second-largest economy. Gold, tourism and agricultural exports are its main sources of foreign currency.

Major contributors to the economy

  • Gold mining
  • Tourism (Serengeti, Kilimanjaro, Zanzibar)
  • Agriculture (cashews, coffee, tobacco)
  • Transport and logistics (Dar es Salaam port)
  • Construction

Key factors

  • Gold prices. Gold is Tanzania's largest export, so higher gold prices support the Shilling.
  • Tourism earnings. Visitor numbers affect the supply of Dollars, with seasonal swings.
  • Bank of Tanzania policy. The central bank rate and FX interventions influence the Shilling.
  • Import demand. Fuel and capital-goods imports create demand for Dollars.

How EUR and TZS Interact

The Tanzanian Shilling is an emerging or frontier-market currency. Compared with a major reserve currency, its market is thinner, so shifts in global risk appetite, Dollar liquidity and capital flows can move it faster and further than fundamentals alone would suggest.

Central-bank policy matters on both sides: the European Central Bank (ECB) and the Bank of Tanzania (BoT). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • German 10-year Bund yield EUR

    Higher yields tend to support the Euro

  • European natural gas prices EUR

    Spikes usually weigh on the Euro

  • Gold TZS

    Higher prices support Tanzania's export earnings

  • Brent crude oil TZS

    Higher fuel import bills increase Dollar demand

Events & Data to Follow

  • EUR ECB monetary policy meetings
  • EUR Eurozone flash CPI
  • EUR German Ifo and ZEW surveys
  • EUR Eurozone PMIs
  • TZS Bank of Tanzania MPC meetings
  • TZS Tanzanian inflation data (NBS)
  • TZS Bank of Tanzania monthly economic review

Historical Milestones

  1. 1992 TZS

    Tanzania licensed private bureaux de change, beginning the liberalisation of its foreign-exchange market.

  2. 1999 EUR

    The Euro launched as an accounting currency, with notes and coins following in 2002.

  3. 2010-12 EUR

    The Eurozone debt crisis pushed the Euro lower until the ECB pledged to do "whatever it takes".

  4. 2022 EUR

    The energy shock after Russia's invasion of Ukraine pushed EUR/USD below parity for the first time in 20 years.

  5. 2024 TZS

    The Bank of Tanzania introduced the Central Bank Rate as its main policy tool.

Why EUR/TZS Matters to Tanzanian Traders

EUR/TZS directly affects prices, school fees, imports and savings in Tanzania. Importers, exporters, travellers and anyone holding EUR watch it closely, and it is the clearest measure of the Shilling's strength against the Euro.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Energy supply shocks. (EUR)
  • Political tensions between member states. (EUR)
  • Limited liquidity and wide spreads at brokers. (TZS)
  • Seasonal Dollar shortages. (TZS)

Most active: London and Frankfurt session • Dar es Salaam business hours and the London session

EUR/TZS FAQ

What is the current EUR/TZS exchange rate?

1 EUR is worth about 2,990.14 TZS (indicative, updated 22 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of EUR/TZS?

In the data we track (since 6 Mar 2024), EUR/TZS peaked at 3,098.47 on 25 Jun 2025 and bottomed at 2,486.96 on 1 Jan 2025.

What moves the EUR/TZS exchange rate?

EUR/TZS is influenced by the relative strength of the Euro and the Tanzanian Shilling. Key factors include: ECB interest-rate policy, Eurozone inflation and growth, Gold prices, Tourism earnings. See the sections above for the full list.

When is the best time to trade EUR/TZS?

Activity and liquidity are typically highest during: London and Frankfurt session • Dar es Salaam business hours and the London session. Spreads are usually tighter when the relevant markets are open.

Is EUR/TZS good for beginners?

EUR/TZS can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair such as EUR/USD.

This page is educational. Rates, statistics and commentary are indicative and may contain errors or be out of date.

Other Currency Pairs

USD/TZS GBP/TZS ZAR/TZS CNY/TZS All pairs →

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