Send money from Europe to Tanzania (EUR to TZS)

Compare today's live EUR → TZS exchange rates and fees across every major provider. We show the hidden markup baked into each quote, so you can find the cheapest way to send money from Europe to Tanzania — to mobile money (M-Pesa, Tigo Pesa, Airtel) or a bank account.

Quick answer: the cheapest way to send EUR to TZS (Tanzania) right now is NALA, about 2966.82 TZS per 1 with no transfer fee, ranked by how much actually arrives in TZS, not by the headline fee.

Mid-market rate: 2973.9264 TZS per 1 EUR· updated Jun 28, 2026, 1:27 PM UTC

New to this corridor? Read our guide: The fastest way to send money to Tanzania (2026)

EUR to TZS comparison — sending 500

Ranked by how much actually arrives, grouped by how your recipient gets paid. Mobile money is how most people receive money in Tanzania.

Best rate right now

The best-value way to send money to Tanzania right now is NALA: send 500 and your recipient gets 1,483,410.00 TZS — an effective 2966.82 TZS per 1, with no transfer fee. Updated Jun 28, 2026, 1:27 PM UTC.

Mobile money payouts

Most used in Tanzania

Pay out to mobile wallets in Tanzania, usually within minutes.

5 providers
Provider
Rate
Fee
True cost
You receive
NALABest value
Mobile money · In minutes
2966.82
Free
€1.19 (0.24%)
1,483,410.00 TZS
NALABest valueMobile money · In minutes
Recipient gets
1,483,410.00TZS
Rate2966.82
FeeFree
True cost€1.19 (0.24%)
Sendwave
Mobile money · In minutes
2948.10
Free
€4.34 (0.87%)
1,474,047.68 TZS
SendwaveMobile money · In minutes
Recipient gets
1,474,047.68TZS
Rate2948.10
FeeFree
True cost€4.34 (0.87%)
Wise
Bank deposit · by Monday
2986.88
€10.22
€10.22 (1.61%)
1,462,914.09 TZS
WiseBank deposit · by Monday
Recipient gets
1,462,914.09TZS
Rate2986.88
Fee€10.22
True cost€10.22 (1.61%)
WorldRemit
Mobile money · Within 5 minutes
2934.11
€1.99
€8.68 (1.74%)
1,461,215.72 TZS
WorldRemitMobile money · Within 5 minutes
Recipient gets
1,461,215.72TZS
Rate2934.11
Fee€1.99
True cost€8.68 (1.74%)
Western Union
Mobile money · In minutes
2865.72
€3.99
€22.18 (4.44%)
1,421,425.76 TZS
Western UnionMobile money · In minutes
Recipient gets
1,421,425.76TZS
Rate2865.72
Fee€3.99
True cost€22.18 (4.44%)

Bank payouts

Direct deposit to a bank account in Tanzania.

2 providers
Provider
Rate
Fee
True cost
You receive
XoomBest rate
Mobile money · Varies
2887.73
€2.99
€17.48 (3.50%)
1,435,232.58 TZS
XoomBest rateMobile money · Varies
Recipient gets
1,435,232.58TZS
Rate2887.73
Fee€2.99
True cost€17.48 (3.50%)
OFX
Mobile money · Varies
2838.82
€10.00
€32.72 (6.54%)
1,391,022.39 TZS
OFXMobile money · Varies
Recipient gets
1,391,022.39TZS
Rate2838.82
Fee€10.00
True cost€32.72 (6.54%)

Rates are indicative and last updated Jun 28, 2026, 1:27 PM UTC. Fees assume the cheapest standard bank funding; some providers add a small pay-in fee that varies by how you pay. First-transfer bonuses apply to new customers' first send only. Always verify the final exchange rate on the provider's payment page before making a transfer. See our methodology and advertiser disclosure.

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Sending money from Europe to Tanzania

In Tanzania, mobile-money wallets such as M-Pesa, Tigo Pesa and Airtel Money are the usual way to receive funds, alongside bank deposits in shillings (TZS).

When you send Euro (EUR) to Tanzania, most of the cost is the exchange-rate markup baked into the rate, not the upfront fee. RemitBeat compares the live EUR → TZS rate across Wise, Remitly, Sendwave, WorldRemit, Western Union and more, benchmarks each against the mid-market rate, and ranks them by the amount that actually arrives in TZS — so you can see the genuinely cheapest option rather than the one with the flashiest headline fee.

Sending money EUR to TZS — your questions

What is the best rate to send money from Europe to Tanzania today?+
As of the latest update, the best value provider for EUR to TZS is NALA, with an effective rate of 2966.82 TZS per EUR and no transfer fee. Rates change throughout the day, so always check the live comparison before sending.
What is the mid-market EUR/TZS exchange rate right now?+
The current mid-market (interbank) rate is about 2973.9264 TZS per EUR. This is the "real" rate before any provider markup — RemitBeat shows how far each provider's quote sits from it.
What is a hidden markup, and how much does it cost me?+
Many transfer apps advertise "$0 fee" but bake their margin into a worse exchange rate. That gap between the provider's rate and the mid-market rate is the hidden markup. RemitBeat calculates it for every quote so you can compare the true, all-in cost rather than just the headline fee.
How can I receive EUR transfers in Tanzania?+
Most providers we track deliver to mobile money (M-Pesa, Tigo Pesa, Airtel) or a bank account in Tanzania. The comparison groups providers by payout method — mobile money and bank — so you only compare options that support the way your recipient wants to be paid.
How does RemitBeat make money if comparison is free?+
When you click through to a provider we may earn a small affiliate commission. You pay exactly the same as going to the provider directly — the rate you see is the rate you get. This keeps the comparison free and unbiased.