Money Tips in Tanzania
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Tanzania’s currency is the Tanzanian Shilling. Important to know about money matters in Tanzania is don’t bring travellers cheques with you, as they are not accepted anymore.
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If you are carrying US dollars with you, then you’ll be in luck as Tanzania loves this currency. Dollars are widely accepted, sometimes even preferred over local currency. Euros are accepted but not as much as dollars.
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Paying with dollars is possible in all quality establishments, from hotels to safari lodges including safari agencies. As you will notice when doing research for Tanzania holidays, most of businesses quote prices in US dollars.
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For local shopping and smaller expenses, it’s best to carry shillings.
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Prices in dollars are oftentimes quoted higher than in Tanzanian Shillings, therefore is good to exchange the dollars to TSH.
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To exchange money in a Forex office, you will have to show your passport. Forex offices have fair exchange rates, but do not exchange money on the street.
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Having said that, the best and safest option is to have VISA with you, Mastercard is accepted on some ATMs, while withdrawals with VISA is always possible.
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Safari operators and hotels accept credit cards, but expect to pay additional surcharge with each payment, between 5-15 percent. it’s advisable to always ask if additional charges will be billed when paying with a credit card.
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If you plan to visit outlying areas in Tanzania, withdraw money in the city and have some extra amount of cash on the side.