Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 90.9% of Spain to Tanzania searches, and was the top rated company out of 6 that support EUR to TZS.
So for a great mix of cost, speed & features, make your Spain to Tanzania transfer using Wise.
How to get the best deal on your Spain to Tanzania transfer
Important things to consider before sending money from Spain to Tanzania
Don't settle for the first option. Always compare ways to send money from Spain to Tanzania to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between Spain and Tanzania.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Tanzania.
Cheapest way to send money to Tanzania from Spain: Instarem
Data collected over the past six months shows that Instarem is 0.9% cheaper than the second-best option.
The €1.43 transfer cost represents the most common fee for EUR to TZS international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Tanzania transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to EUR-TZS by Instarem, based on data from the past six months.
Fastest way to send money from Spain to Tanzania: TransferGo
Our data shows that TransferGo came up as the fastest way to send money from Spain to Tanzania in 50% of searches. This makes them well suited to urgent EUR to TZS money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to Tanzania - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, TransferGo is your best choice at the moment. This service emerged as the quickest way to send money to Tanzania from Spain in 50% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Tanzania, it’s the provider that will keep you safe and relaxed while your money moves into TZS.
Understanding the costs involved when moving money from Spain to Tanzania
When calculating the costs of money transfers between Spain and Tanzania, here's what really matters:
The Mid-Market Rate: Today, the EUR-TZS mid-market rate equals to 2787.358697 TZS per Euro.
The EUR-TZS average exchange rate for the past three months has been 2752.0346 TZS per Euro, with a high of 2800.2394 and a low of 2701.0981.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to TZS.
How to find the best exchange rate for Euro to Tanzanian Shilling
Timing is essential for sending money between EUR and TZS. The exchange rate you secure impacts how much TZS you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to TZS has seen some fluctuation. On average, it stood at 2752.0346.
During this period, the highest value recorded was 2800.2394, while the lowest was 2701.0981.
Wise, which is our recommended service to send money online from Spain to Tanzania offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Tanzanian Shilling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Tanzania!
Payment methods available to fund your Spain to Tanzania transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Tanzania and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to TZS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.