GIP to TZS

Convert Gibraltar Pound to Tanzanian Shilling

N/A

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Exchange rate data is not available for the provided currencies.

How to convert Gibraltar Pound to Tanzanian Shilling

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert GIP to TZS

The cost of converting GIP to TZS depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Gibraltar Pound to Tanzanian Shillings conversion rates

Invalid currencies provided. Invalid currencies provided.

Top Currency Pairings for Gibraltar Pound


TZS to GIP

GIP to USD

GIP to EUR

GIP to GBP

GIP to JPY

GIP to AUD

GIP to CAD

GIP to CHF

GIP to CNY

GIP to SEK

GIP to NZD

GIP to MXN
Looking for another GIP currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

GIP, also known as the Gibraltar Pound, is the official currency of Gibraltar, a British Overseas Territory located on the southern coast of Spain. It is issued and regulated by the Government of Gibraltar. The GIP is only used as legal tender within Gibraltar and is not widely accepted outside of the territory.

The TZS, or Tanzanian Shilling, is the official currency of Tanzania. It is recognized as legal tender only within Tanzania.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Gibraltar€#N/A€#N/A
Tanzania€50€20
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.