Frax Share (FXS) to Tanzanian Shilling (TZS) exchange rate
Here, you’ll find the real-time exchange rate from FXS to TZS, making it easy for you to convert your crypto to cash.
1 Frax Share = 2,032.62 Tanzanian Shilling, 1 Tanzanian Shilling = 0.00049198 Frax Share
T.Sh2,032.62
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Popular Frax Share (FXS) pairings
FXS/TZS currency info
Frax Share (FXS)
Frax Share (FXS) is the governance token of the Frax ecosystem, a unique stablecoin protocol that aims to provide a scalable and decentralized solution for digital currency stability. Unlike traditional stablecoins, Frax uses a fractional-algorithmic approach, combining collateralized and algorithmic mechanisms to maintain its value. FXS plays a crucial role in the ecosystem by allowing holders to participate in governance decisions, influencing the protocol's future developments and stability measures. This involvement empowers users to have a say in the evolution of the Frax ecosystem, making FXS an integral part of its innovative approach to stablecoin technology. As a new user, exploring FXS offers insight into how decentralized finance is reshaping the landscape of digital currencies.
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Tanzanian Shilling (TZS)
The Tanzanian Shilling (TZS) is the official fiat currency of Tanzania, introduced in 1966 to replace the East African Shilling. It is symbolized by TSh and subdivided into 100 cents. The currency is issued in various denominations, including coins and banknotes, with notes ranging from 500 to 10,000 shillings. As the primary medium of exchange in Tanzania, the Tanzanian Shilling plays a crucial role in the country's economy, facilitating trade and commerce within its borders. The Bank of Tanzania is responsible for the issuance and regulation of the currency, ensuring its stability and integrity in the financial system.
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FXS/TZS exchange tables
 |  |
|---|---|
| 1 FXS | 2,032.62 TZS |
| 5 FXS | 10,163.1 TZS |
| 10 FXS | 20,326.21 TZS |
| 20 FXS | 40,652.43 TZS |
| 50 FXS | 101,631.08 TZS |
| 100 FXS | 203,262.17 TZS |
| 1,000 FXS | 2,032,621.7 TZS |
| |
|---|---|
| 1 TZS | 0.00049198 FXS |
| 5 TZS | 0.0024599 FXS |
| 10 TZS | 0.0049198 FXS |
| 20 TZS | 0.0098395 FXS |
| 50 TZS | 0.024599 FXS |
| 100 TZS | 0.049198 FXS |
| 1,000 TZS | 0.49198 FXS |
FAQ
1 FXS is currently worth T.Sh2,032.62. This value updates each time you refresh the page.
1 TZS is currently worth 0.00049198 FXS. This value updates each time you refresh the page.
You can exchange your FXS to TZS, or vice versa, on a crypto exchange, which provides tools to quickly and securely exchange crypto to cash.
We employ multi-layered security to protect your funds and information from cybercriminals. Our security stack includes semi-offline storage, a multi-signature system, emergency backups, 2FA, anti-phishing codes, withdrawal passwords, and more.
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Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.