Bank of Tanzania
BALANCE OF PAYMENTS
PRODUCTION & NATIONAL CURRENCY
Currency
Official currency is the Tanzania Shilling (TZS). The monthly average exchange rate was 1 US dollar to 1,580.5 Tanzanian Shillings (November 2012)
Major Production
TANZANIA IN BRIEF
Tanzania, officially the United Republic of Tanzania is the country that was formed by the union of Tanganyika (current referred as Tanzania Mainland) and Zanzibar (Unguja and Pemba) in 1964. It is located in East Africa, bordered by Kenya and Uganda to the north; Rwanda, Burundi and the Democratic Republic of the Congo to the west; and Zambia, Malawi and Mozambique to the south. The country's eastern border lies on the Indian Ocean. The official capital of Tanzania is Dodoma, where the country's parliament and some government offices are located.
LOCATION, AREA, CLIMATE & POPULATION
Geographic coordinates: Tanzania lies mostly between latitudes 1° and 12°S, and longitudes 29° and 41°E (The most Northerly point is Bukoba at 1°S and Mtalika at 12⁰ S is the most Southerly point. Kigoma at 29⁰ East of Greenwich is the most westerly point and Mtwara is the most easterly point along 41⁰ East of Greenwich).
Area: Tanzania has the surface area of 947,300 sq. km, out of which 885,800 sq. km is the land area and 61,500 sq. km areas under inland bodies of water and some coastal waterways.
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