The official currency is Tanzanian shillings but US dollars are widely used too. The conversion is around 1350 shillings to the US dollar.
Most ATMs will accept VISA and some also work with MasterCard + Cirrus. The ATMs around town are very unreliable so try to keep some cash reserves.
I didn't come across any ATMs outside of Stone Town, so take cash with you if you plan to travel around the island.
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