1 TZS to BMD - Convert Tanzanian Shilling to Bermudian Dollar

Looking at the 30-day window, the TZS/BMD pair traded in a range of 0.000383 to 0.000400. The monthly average was 0.000399 with 0.75% volatility. This downward movement of 4.3% suggests significant momentum in the TZS/BMD exchange rate.

The current mid-market exchange rate is 1 TZS = 0.000381 BMD, updated as of July 3, 2026, 8:49 AM 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.

Tanzanian Shilling to Bermudian Dollar Exchange Rate

The TZS/BMD exchange rate tells you how many Bermudian Dollar (BMD) you receive for every Tanzanian Shilling (TZS). At the current mid-market rate of 1 TZS = 0.000381 BMD, 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.

What Affects the TZS to BMD Rate

Exchange rates between Tanzanian Shilling and Bermudian Dollar are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the TZS/BMD rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best TZS to BMD 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.

TZS/BMD for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the TZS to BMD rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Sending Money from TZS to BMD

International money transfers from Tanzanian Shilling to Bermudian Dollar can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

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. Understanding the fundamentals behind TZS helps contextualize its exchange rate movements against BMD and other currencies.