EUR to TZS Exchange Rate
Real-time Euro to Tanzanian Shilling rates for import/export businesses.
Save 87% vs traditional banks.
Bank vs Unicorn Currencies
See exactly how much you save on a £100,000 transaction
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| Transaction Size | £100,000 | £100,000 |
| FX Spread | 4% | 0.5% |
| Payment Fee | £25-40 | £5 |
| Total Cost | £4,030 | £505 |
| YOUR SAVINGS | — | £3,525 (87%) |
| Settlement Speed | 2-3 days | T+0 (2.3s avg) |
Enterprise Transaction Examples
Savings vs traditional banks on typical enterprise transaction sizes
Volume-Based Pricing
| Annual FX Volume | Unicorn Spread | Annual Savings |
|---|---|---|
| £1M - £5M | 0.50% | £20,000+ |
| £5M - £10M | 0.45% | £102,500+ |
| £10M - £25M | 0.40% | £262,500+ |
| £25M+ | Custom | Contact us |
Minimum: £1M annual FX volume
Common Use Cases for EUR/TZS
What Businesses Use This Corridor
Pay Africa suppliers in Tanzanian Shilling. Agriculture, Mining sectors.
- Agriculture
- Mining
- Tourism
- Telecommunications
Typical Monthly Volume: £50k-£500k
Local Payment Rails in TZS
Avoid SWIFT fees by using local payment systems:
- TISS (Tanzania Interbank Settlement System) - Faster settlement, lower fees
Traditional banks use SWIFT (3-4% fees). We use local rails where possible for T+0 (2.3s avg) settlement.
Why Choose Unicorn for EUR/TZS
Real-Time FX Exposure Tracking
Upload supplier invoices in TZS. See live P/L as EUR/TZS rates move. Know exactly what waiting costs you.
15-Second Rate Locks
Lock the EUR/TZS rate for 15 seconds. Time to calculate margins, check inventory, and confirm with your team before committing.
87% Lower Costs
Save £3,525 on every £100,000 transaction. On £50k-£500k monthly: save £17,625-£176,250 annually.
Frequently Asked Questions
What is the current EUR to TZS exchange rate?
The current Euro to Tanzanian Shilling exchange rate is 1 EUR = 2858.7000 TZS. This rate is fetched from our treasury system in real-time when you load the page during market hours (Monday-Friday).
How much does it cost to convert EUR to TZS?
Unicorn Currencies charges a 0.5% FX spread plus a £5 payment fee. On a £100,000 transaction, you save £3,525 (87%) compared to traditional banks which charge 4% spread plus £25-40 fees.
How fast can I send money from EUR to TZS?
Payments settle in T+0 (2.3s avg). We use local payment rails (TISS (Tanzania Interbank Settlement System)) instead of SWIFT, which is why we're 10-50x faster than traditional banks.
Who uses EUR to TZS exchange services?
This currency corridor is popular with Agriculture, Mining, Tourism, Telecommunications. Pay Africa suppliers in Tanzanian Shilling. Agriculture, Mining sectors.. Typical monthly volume ranges from £50k-£500k.
$1M+ in EUR/TZS Payments? Save 87%
Enterprise treasury platform for import/export businesses with $1M+ annual FX volume
Unicorn Currencies works exclusively with businesses doing $1M+ annual FX volume.