๐Ÿ‡น๐Ÿ‡ฟ Tanzania

Silver Price in Tanzania Today (TZS)

Live silver rates in TZS, converted from the spot price in real time.

Silver per gram

TSh5,646.88

TZS ยท spot ยท updates every minute

Silver / Gram

TSh5,646.88

Silver / Tola

TSh65,864.07

Silver / Troy Ounce

TSh175,637.58

Silver / Kilogram

TSh5,646,879.41

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Popular silver weights in Tanzania

Silver coin melt values in Tanzania

About silver in Tanzania

Silver market in Tanzania

The silver market in Tanzania tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into TZS using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.

Taxes and import duties

Import duty and value-added tax in Tanzania vary by silver form. Investment-grade bullion (silver of 99.9% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.

Popular purities

The two dominant purities are .999 (fine silver) for bars and coins, and .925 (sterling) for jewellery and cutlery. Both should carry a stamp visible with a loupe.

Where to buy silver in Tanzania

Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Tanzania. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.

Buying tip

Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's TZS rate. A premium over spot of 3โ€“7% for coins and 1โ€“4% for bars is normal โ€” anything higher is usually the making charge.