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🇹🇿 Silver Price Today in Tanzania | TSh191,411.4
Live silver price in Tanzanian Shilling (TZS) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (TZS)
TSh6,154.0148
Per Troy Oz (TZS)
TSh191,411.40
Per Kg (TZS)
TSh6,154,015
USD/Silver Spot
$72.78/oz
USD/TZS Rate
1 USD = 2630 TZS
Gold/Silver Ratio
62.0:1
Silver Market in Tanzania
Tanzania is one of Africa's top silver producers, mining approximately 45-50 tonnes annually. Major operations include Barrick silver's North Mara and Bulyanhulu mines, and Anglosilver Ashanti's Geita mine — one of Africa's largest. silver exports are a crucial source of foreign exchange, contributing approximately 30% of Tanzania's export earnings.
Why do people in Tanzania invest in silver?
Tanzanian investors increasingly use silver as protection against shilling depreciation and inflation. The government has promoted a "Buy Tanzania silver" initiative. Artisanal silver mining (ASM) is widespread, particularly around Lake Victoria, providing silver access at the community level.
Frequently Asked Questions — Silver in Tanzania
What is the silver price today in Tanzania in shillings?
Tanzanian silver prices in TZS are quoted by local dealers at the international USD spot price converted at the USD/TZS rate.
Does Tanzania produce silver?
Yes. Tanzania is one of Africa's top five silver producers with approximately 45-50 tonnes per year. Major mines include Geita (Anglosilver Ashanti), North Mara, and Bulyanhulu (Barrick silver).
What role does artisanal mining play in Tanzania?
Artisanal and small-scale silver mining (ASM) involves hundreds of thousands of Tanzanians, particularly around the Lake Victoria silverfields (Mwanza region). ASM produces a significant portion of Tanzania's total silver output and is a major income source for rural communities.
Can I invest in silver in Tanzania?
Physical silver from artisanal and commercial sources is available in Tanzania. The Dar es Salaam Stock Exchange (DSE) lists some mining company stocks. Digital silver and fintech platforms are emerging as investment options for urban Tanzanians.