The Tanzanian shilling is the official currency of Tanzania, divided into 100 cents. It is issued by the Central Bank of Tanzania, with banknotes in denominations of 500, 1000, 2000, 5000, and 10,000 shillings, and coins in 50, 100, 200, and 500 shillings. History of the Tanzanian Shilling: Tanzanian shilling banknotes were introduced on June 14, 1966, with denominations of 5, 10, 20, and 100. New series of banknotes and coins are released every 10 years, but due to economic challenges, their value has decreased since 1995. Interesting Facts: The symbol of the Tanzanian shilling banknote represents x/y, where x is shillings and y is cents. The coins were designed by Christopher Ironside, who created designs for over 10 countries' currencies.