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.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

3 Samoan Tala to British Pound exchange rates chart

3 WST to GBP exchange rates graph
3 WST to GBP 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.

3 WST to GBP exchange rates table

Exchange WST to GBP
3 Samoan Tala = 0.884 British Pound
6 Samoan Tala = 1.768 British Pound
15 Samoan Tala = 4.419 British Pound
30 Samoan Tala = 8.839 British Pound
Exchange Samoan Tala to British Pound
3 Samoan Tala to British Pound 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.

3 WST to GBP 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.

conditional positive
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.

conditional positive
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.

conditional positive
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.

conditional positive
Child protection and taking care of our vulnerable ones

It is perhaps not a coincidence that a non-government organisation recently held a workshop on child protection, as Samoa begins the countdown to White Sunday celebrations this weekend. The Wellbeing and Community Solutions (WCS) ran a workshop to introduce “child protection case management” systems.

conditional positive
Asia stocks tumble after US rout; Tokyo down 3%

SYDNEY (BLOOMBERG) - Asian stocks tumbled at the open on Tuesday (Nov 13), with Japanese benchmarks sliding more than 3 per cent, following a tech-led slump on Wall Street overnight thanks to a deteriorating outlook for iPhone sales.. Read more at straitstimes.com.

indicative positive
Currency traders betting on a Brexit deal are having a rough time
Currency traders betting on a Brexit deal are having a rough time

A buoyant U.S. dollar, helped by uncertainties in the eurozone, is weighing on the British pound and making this Monday a painful start to the week for traders who believe a Brexit deal, which would likely give sterling a massive boost, could be near.

conditional negative
Great British pound slides in value amid renewed Brexit worries
Great British pound slides in value amid renewed Brexit worries

The Great British pound has slid in value against the US dollar amid renewed worries surrounding the ongoing issue of Brexit.

conditional neutral
British Pound Jumps As Barnier Says Brexit Treaty Text "Almost Ready"

Reporting to EU27 Ministers today after late night talks, Michel Barnier, the EU’s Chief Negotiator says “the parameters of a possible agreement are very largely defined”

conditional neutral

3 WST to GBP currency converter