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Easily convert KRW to TZS with ConvertOnline's efficient tool.
The South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for all domestic transactions within the country. It is subdivided into 100 cents and is issued by the Bank of Tanzania, which regulates its supply and value.