The Tanzanian Shilling (TSh) is the official currency of Tanzania. The Tanzanian Shilling comes in notes of TSh500, TSh1000, TSh2000, TSh5000 and TSh10000. Coins are issued in TSh50, TSh100, TSh200 and TSh500.
US$ will be accepted at many tourist lodges and agencies. In many of these establishments prices will be displayed in US$. In these establishments it is also common practice to tip in US$ (although TSh will also be happily accepted). However, most everywhere else you will need to use Tanzanian Shillings.
Exchanging money is best done at bureau de change (airports and main towns). The best rates tend to be given for US$100 and US$50 notes. BUT, only notes issued 2006 and later are accepted!! Note they must also be in good condition – torn or marked notes will not be accepted.
Many of the lodges and hotels (and some high end shops and restaurants) will accept payment by credit or debit card, however, many levy a fee from 5%, up to as much as 15% to use the card! VISA is the most widely accepted, Mastercard less so, and do not bother with American Express or Diners.
ATM/cash point machines are available in most towns, and main airports. We recommend only using Barclay’s machines or Standard Charter if Barclay’s not available. Again, VISA cards are the best, some machines will accept Mastercard.