1 TZS to MKD - Convert Tanzanian Shilling to Macedonian Denar

Looking at the 30-day window, the TZS/MKD pair traded in a range of 0.019300 to 0.020800. The monthly average was 0.020270 with 2.12% volatility. The relatively low volatility indicates stable trading conditions for the TZS/MKD currency pair.

The current mid-market exchange rate is 1 TZS = 0.020589 MKD, updated as of July 3, 2026, 7:29 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 Macedonian Denar Exchange Rate

The TZS/MKD exchange rate tells you how many Macedonian Denar (MKD) you receive for every Tanzanian Shilling (TZS). At the current mid-market rate of 1 TZS = 0.020589 MKD, 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 MKD Rate

Exchange rates between Tanzanian Shilling and Macedonian Denar 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/MKD rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from TZS to MKD

International money transfers from Tanzanian Shilling to Macedonian Denar 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 MKD and other currencies.

Macedonian Denar Overview

The North Macedonian Denar (MKD) is the official currency of North Macedonia, maintained at approximately 61.5 per euro through central bank management. North Macedonia is an EU candidate. The MKD exchange rate against TZS reflects relative economic conditions between the two currency areas.