What Currency Is Used in Zanzibar?

Zanzibar is a beautiful island in Tanzania. If you’re planning to visit Zanzibar, it’s important to know what kind of money you’ll need for your trip. In this blog, we will tell you all about the currency used in Zanzibar and give you some tips on how to handle money while you are there. By the end of this blog, you’ll know everything you need to plan your trip to Zanzibar with confidence!

The Official Currency of Zanzibar

Zanzibar uses the Tanzanian Shilling (TZS) as its official currency. The Tanzanian Shilling is the same currency used in mainland Tanzania. So, if you are traveling from the mainland to Zanzibar, you don’t need to worry about changing your money. The Tanzanian Shilling is often written as “TSh” or “TZS.”

You’ll find Tanzanian Shilling coins and banknotes in different amounts. The coins come in 5, 10, 20, 50, 100, and 200 shillings. The banknotes come in 1,000, 2,000, 5,000, and 10,000 shillings. The 10,000-shilling note is the highest one and is often used for larger purchases.

Is the US Dollar Accepted in Zanzibar?

Yes, many places in Zanzibar do accept US dollars, especially hotels, tour companies, and some shops. However, the exchange rate may not be as good as using the local currency. It’s always a good idea to use Tanzanian Shillings if you can, as this will often give you a better deal. Some businesses may give you change in Tanzanian Shillings, even if you pay with US dollars.

Many tourists like to bring US dollars because they are easy to exchange and widely accepted. However, it’s important to note that not all places will accept them, especially smaller shops or local markets. If you’re traveling to Zanzibar, it’s best to bring some Tanzanian Shillings with you.

Currency Exchange in Zanzibar

You might be wondering, “How do I get Tanzanian Shillings when I’m in Zanzibar?” Well, there are a few different ways to exchange your money.

Currency Exchange Bureaus: There are exchange bureaus located in different parts of Zanzibar, especially in Stone Town. They offer competitive exchange rates and can help you convert your currency to Tanzanian Shillings. Always check the exchange rate before you change your money to make sure you’re getting a fair deal.
ATMs: Another option is to use an ATM to withdraw Tanzanian Shillings. You can find ATMs in places like Stone Town, Nungwi, and other popular tourist spots. Just make sure your bank card is accepted internationally, and check with your bank about any fees for withdrawing money abroad. Keep in mind that not all ATMs may accept foreign cards, so it’s a good idea to ask locals or your hotel for guidance.
Banks: You can also visit a local bank to exchange money. Banks in Zanzibar, like the National Bank of Commerce or CRDB Bank, offer currency exchange services. However, they may not always have the best rates, and you might need to wait in line.
Hotels: Some hotels in Zanzibar offer currency exchange services for their guests. The rates may not be as good as those at currency exchange bureaus, but it can be a convenient option if you’re staying at a hotel.

Tips for Handling Money in Zanzibar

When traveling in Zanzibar, here are some useful tips to help you handle your money safely and avoid any confusion.

Carry small amounts: While Zanzibar is a safe place to visit, it’s always best to carry only small amounts of money with you at a time. This helps reduce the risk of losing large sums of cash.
Use local currency: Whenever possible, try to use Tanzanian Shillings for smaller purchases. While US dollars are accepted in some places, you’ll get a better value for your money by paying in local currency.
Be careful with ATM withdrawals: When withdrawing cash from an ATM, be mindful of the fees your bank may charge. Also, make sure to check the ATM for any signs of tampering to protect your personal information.
Avoid exchanging money at the airport: While it’s possible to exchange money at the airport, the rates are usually not as favorable as in other locations. It’s better to wait until you’re in Stone Town or another main area to find a good exchange rate.
Keep receipts: If you’re exchanging large amounts of money, it’s a good idea to keep your receipts in case you need to change your currency back before you leave Zanzibar.

Can I Use Credit Cards in Zanzibar?

Yes, many hotels, larger restaurants, and shops in Zanzibar accept credit cards. The most commonly accepted cards are Visa and MasterCard. However, keep in mind that some smaller businesses may only accept cash, so it’s always good to have some Tanzanian Shillings on hand for small purchases.

If you plan to use your credit card, make sure to let your bank know about your travel plans to avoid your card being blocked for security reasons. You should also be aware that some places may charge extra fees for credit card payments.

Tipping in Zanzibar

Tipping is a common practice in Zanzibar, especially in the tourism industry. When you receive good service, it’s polite to show appreciation by leaving a tip. Here are some general guidelines for tipping in Zanzibar:

Hotel staff: It’s common to tip hotel staff such as porters, housekeepers, and bellboys. A small tip of around 1,000 to 2,000 Tanzanian Shillings is usually sufficient.
Safari guides: If you go on a safari or a guided tour in Zanzibar, it’s customary to tip your guide. The amount depends on the length of the tour and the level of service, but a typical tip is between 5,000 to 10,000 Tanzanian Shillings per day.
Restaurants: In restaurants, a tip of 10% is usually appreciated if the service charge is not already included in your bill. If service is exceptional, feel free to leave more.

Is Zanzibar Expensive?

Zanzibar can be as affordable or as expensive as you want it to be. If you’re on a tight budget, you can find affordable local restaurants and accommodation options. On the other hand, if you’re looking for luxury, there are high-end resorts and fine dining establishments as well.

It’s always a good idea to plan your budget before you arrive and decide how much you’re comfortable spending on things like food, activities, and souvenirs. This will help you make the most of your trip while keeping your spending under control.

Conclusion

Zanzibar is a beautiful destination with lots to offer. When it comes to currency, the Tanzanian Shilling (TZS) is the local money used on the island. While US dollars are accepted in some places, it’s always best to use Tanzanian Shillings for everyday purchases. You can exchange money at currency exchange bureaus, ATMs, and banks in Zanzibar, and don’t forget to carry some cash with you, as not all places accept credit cards.

If you’re planning a visit to Zanzibar and want to make the most of your experience, you can also consider creating a custom safari with SEKO Tours. We can help you plan your perfect trip to Zanzibar and other destinations in Tanzania.