1 ZMW to TZS - Convert Zambian Kwacha to Tanzanian Shilling

Looking at the 30-day window, the ZMW/TZS pair traded in a range of 134.0647 to 143.4580. The monthly average was 138.9532 with 1.9% volatility. This downward movement of 2.4% suggests significant momentum in the ZMW/TZS exchange rate.

The current mid-market exchange rate is 1 ZMW = 144.3004 TZS, updated as of July 3, 2026, 6:30 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.

Zambian Kwacha to Tanzanian Shilling Exchange Rate

The ZMW/TZS exchange rate tells you how many Tanzanian Shilling (TZS) you receive for every Zambian Kwacha (ZMW). At the current mid-market rate of 1 ZMW = 144.3004 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.

What Affects the ZMW to TZS Rate

Exchange rates between Zambian Kwacha and Tanzanian Shilling 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 ZMW/TZS rate fluctuates throughout trading sessions and over longer time periods.

Historical ZMW/TZS Trends

The ZMW/TZS exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Using the ZMW/TZS Calculator

The free calculator at the top of this page converts any amount between Zambian Kwacha and Tanzanian Shilling instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse TZS/ZMW rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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 ZMW reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 ZMW = 144.3004 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.