Samoan Tala

Samoan Tala

The tālā is the currency of Samoa. It is divided into 100 sene. The terms tālā and sene are the equivalents or transliteration of the English words dollar and cent, in the Samoan language. The tālā was introduced on 10 July 1967, following the country's political independence from New Zealand in 1962. Until that time, Samoa had used the pound, with coins from New Zealand and its own banknotes. The tālā replaced the pound at a rate of 2 tālā = 1 pound, and was therefore equal to the New Zealand dollar. The tālā remained equal to the New Zealand dollar until 1975. The symbol WS$ is still used for the tālā, representing the country's previous name Western Samoa, used up to 1997, when the word Western was officially removed and the country became known as just Samoa. Therefore, the symbol SAT, ST and T appear to be in use as well. Sometimes figures are written with the dollar sign in front, followed by "tālā". e.g. $100 tālā.The Samoan currency is issued and regulated by the Central Bank of Samoa.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

2 Samoan Tala to US Dollar exchange rates chart

2 WST to USD exchange rates graph
2 WST to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 WST to USD exchange rates table

Exchange WST to USD
2 Samoan Tala = 0.770 US Dollar
4 Samoan Tala = 1.541 US Dollar
10 Samoan Tala = 3.852 US Dollar
20 Samoan Tala = 7.705 US Dollar
Exchange Samoan Tala to US Dollar
2 Samoan Tala to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

2 WST to USD exchange rates news

Entrepreneur defends bitcoins, cryptocurrency

An independent cryptocurrency entrepreneur from Zambia, Mapanza Nkwilimba, says cryptocurrency is real and is in Samoa to stay. Contrary to numerous warnings from the Government – including Prime Minister Tuilaepa Dr. Sa’ilele Malielegaoi - against any Samoan joining the scheme, Mr. Nkwilimba assured the scheme is legitimate.

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Entrepreneur defends bitcoins, cryptocurrency

An independent cryptocurrency entrepreneur from Zambia, Mapanza Nkwilimba, says cryptocurrency is real and is in Samoa to stay. Contrary to numerous warnings from the Government – including Prime Minister Tuilaepa Dr. Sa’ilele Malielegaoi - against any Samoan joining the scheme, Mr. Nkwilimba assured the scheme is legitimate.

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Sport: Japan's Iwaki City to host Samoan athletes

Iwaki City in Japan will host Samoan athletes and officials in the lead-up to 2019 Rugby World Cup and 2020 Tokyo Olympics.

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Women happy with sewing training
Women happy with sewing training

What’s it like learning a brand new skill? For some women of Maagiagi, Faleapuna, Afega, and Safotu, it was tough, but they got there. Serita Tiauli is 22, and before last month, she had never tried to make her own clothes before. “I need to get a bit more experience, but it was really fun,” she said.

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Time to hire the right people

I read in the Samoa Observer recently that eight C.E.O positions are vacant. Fine. We need them to run the country; but this time let’s get the right ones by hiring them the right way. Those who have tasted the job should not reapply.

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US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

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Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

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Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

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2 WST to USD currency converter