Today's USD to TZS Price Update

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Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Tanzanian Shilling (TZS), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Tanzanian Shilling (TZS) is the official currency of Tanzania. The exchange rate between them reflects market conditions in East African forex markets and investor confidence in currency stability.

Today’s Price

  • 1 USD = 2,463.75 TZS
  • 24h High: 2,474.60 TZS
  • 24h Low: 2,450.44 TZS
  • Current Rate: 2,471.27 TZS

Market Analysis

The USD/TZS pair is displaying moderate volatility within the current trading session, with the exchange rate fluctuating across a range of approximately 24.16 basis points between the 24-hour high and low levels.

  • Technical levels: Key support at 2,450.44 TZS, resistance at 2,474.60 TZS
  • Risk note: Traders should monitor for potential breakouts beyond established daily ranges
  • Trading opportunities: Watch for consolidation patterns within the 2,450–2,475 TZS zone for potential entry and exit points

Conclusion

Continue to monitor the USD/TZS pair closely, integrating technical levels with market sentiment. Traders should remain alert to intraday volatility and adjust positions accordingly based on support and resistance dynamics.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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