US dollars and Euros can be easily exchanged to local currency - Tanzanian shilling - at banks and exchange offices. Traveler's checks (preferably in US dollars or Euros) can be exchanged at banks. Most places require showing of original purchase receipt before exchanging traveler's checks; banks also charge commissions on cashing the checks (starting from about 0.5%).
Cash in Tanzanian shillings can be also withdrawn at ATMs,
which are widely available in major cities like Dar es Salaam, Zanzibar Stone Town, Arusha and Moshi. The most useful card for ATM withdrawals is Visa, although some banks also accept MasterCard. Note that there may be prolonged periods when ATMs (or networks) are out of service; also, ATMs are not available in national parks and game reserves.
Usual banking hours are: Mon - Fri 8:30 am - 12:30 pm; Sat 8:30 am - 1:00 pm. Exchange offices have longer hours and may be also open on Sundays.
Tanzania has a 20% value-added tax (VAT). It is usually included in quoted prices and it's not refundable.
Tipping in Tanzania is expected practice only in tourist areas (by adding about 10% to a bill or rounding it) or on safaris. Safari drivers, guides or cooks are expected to get a tip. Some national parks and tour/safari operators have their tipping guidelines available.
Current Tanzanian Shilling Rates
For other currencies or conversion amounts go to Currency Converter