1 CAD to TZS - Convert Canadian Dollar to Tanzanian Shilling

Looking at the 30-day window, the CAD/TZS pair traded in a range of 1,866.8830 to 1,999.5455. The monthly average was 1,931.8990 with 1.92% volatility. The relatively low volatility indicates stable trading conditions for the CAD/TZS currency pair.

The current mid-market exchange rate is 1 CAD = 1,901.8413 TZS, updated as of July 3, 2026, 10:42 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Canadian Dollar to Tanzanian Shilling Exchange Rate

The CAD/TZS exchange rate tells you how many Tanzanian Shilling (TZS) you receive for every Canadian Dollar (CAD). At the current mid-market rate of 1 CAD = 1,901.8413 TZS, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the CAD/TZS Conversion

Converting Canadian Dollar to Tanzanian Shilling involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

How to Get the Best CAD to TZS Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Tanzanian Shilling Overview

The Tanzanian Shilling (TZS) is the official currency of Tanzania. Tourism (Kilimanjaro, Serengeti, Zanzibar) and gold mining are the country's top foreign exchange sources. The TZS exchange rate against CAD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 CAD = 1,901.8413 TZS shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.