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ZAR/TZS - Live Chart & Exchange Rate

1 ZAR = 160.7305 TZS

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

ZAR/TZS Sentiment Gauge

A live technical-analysis reading for ZAR/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.

ZAR/TZS tracks the South African Rand against the Tanzanian Shilling. For anyone in Tanzania who earns, saves, imports or trades in Shillings, it shows how much South African Rand your money can buy. It is driven mainly by gold prices on the Tanzanian side and global risk appetite on the ZAR 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.

ZAR/TZS Key Statistics

Latest

160.7305

1 Oct 2026

Highest since Mar 2024

166.1197

26 Aug 2026

Lowest since Mar 2024

127.1280

1 Jan 2025

12-month average

155.5316

140.1150 – 166.1197

30 days: -3.24% 90 days: +0.57% 1 year: +13.15%

Over the past year ZAR/TZS has risen 13.15%, meaning the ZAR has strengthened against the TZS. In the last 30 days it has moved down 3.24%. Across the last 12 months it traded between 140.1150 and 166.1197. Its highest level in the data window (since March 2024) was 166.1197 on 26 Aug 2026, and its lowest was 127.1280 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 ZAR is strengthening against the TZS. Past performance does not predict future results.

What Moves ZAR/TZS

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

South African Rand (ZAR)

South Africa · South African Reserve Bank (SARB) · Free float

The South African Rand is Africa's most traded currency and a popular emerging-market proxy, sensitive to global risk appetite and precious metals prices.

Major contributors to the economy

  • Mining (gold, platinum, coal)
  • Financial services
  • Manufacturing and cars
  • Agriculture
  • Tourism

Key factors

  • Global risk appetite. The Rand is often sold when investors avoid risk.
  • Gold and platinum prices. Higher precious metals prices support the Rand.
  • SARB policy. Interest-rate decisions by the South African Reserve Bank.
  • Electricity supply and politics. Power cuts and political uncertainty weigh on growth and the Rand.

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 ZAR and TZS Interact

The South African Rand is an emerging-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.

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 South African Reserve Bank (SARB) 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

  • Gold and platinum ZAR

    Usually move with the Rand

  • US Treasury yields ZAR

    Rising yields can pull money out of emerging markets

  • Gold TZS

    Higher prices support Tanzania's export earnings

  • Brent crude oil TZS

    Higher fuel import bills increase Dollar demand

Events & Data to Follow

  • ZAR SARB rate decisions
  • ZAR South African CPI
  • ZAR Credit-rating reviews
  • ZAR Budget statements
  • 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. 2001 ZAR

    The Rand collapsed to record lows before rebounding strongly.

  3. 2015 ZAR

    A sudden change of finance minister triggered a sharp Rand sell-off.

  4. 2020 ZAR

    The Rand fell to record lows as the pandemic hit emerging markets.

  5. 2024 TZS

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

Why ZAR/TZS Matters to Tanzanian Traders

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

Compare brokers offering these pairs →

Risks & Trading Hours

  • Sharp moves on global risk-off days. (ZAR)
  • Domestic political and power-supply shocks. (ZAR)
  • Limited liquidity and wide spreads at brokers. (TZS)
  • Seasonal Dollar shortages. (TZS)

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

ZAR/TZS FAQ

What is the current ZAR/TZS exchange rate?

1 ZAR is worth about 160.7305 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 ZAR/TZS?

In the data we track (since 6 Mar 2024), ZAR/TZS peaked at 166.1197 on 26 Aug 2026 and bottomed at 127.1280 on 1 Jan 2025.

What moves the ZAR/TZS exchange rate?

ZAR/TZS is influenced by the relative strength of the South African Rand and the Tanzanian Shilling. Key factors include: Global risk appetite, Gold and platinum prices, Gold prices, Tourism earnings. See the sections above for the full list.

When is the best time to trade ZAR/TZS?

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

Is ZAR/TZS good for beginners?

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

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