The currency of Tanzania is the Tanzanian shilling, abbreviated as TZS. The shilling is subdivided into 100 cents and has been in use since 1966, replacing the East African shilling. Tanzania's economy is diverse, encompassing agriculture, tourism, and mining, and the value of the shilling can fluctuate due to various economic factors. The Tanzanian government issues both coins and banknotes in various denominations. Visitors to Tanzania often need to exchange their currencies for shillings to facilitate local transactions and contribute to the economy.