Dar es Salaam. The Tanzanian shilling has historically weakened in the run-up to general elections, often depreciating sharply against major currencies. This pattern was clear during both the 2015 and 2020 polls.
In 2015, the local unit dropped from Sh1,754.7 per US dollar in January to Sh2,180.1 in October in the Interbank Foreign Exchange Market (IFEM).
