Samoan tālā
Currency of Samoa / From Wikipedia, the free encyclopedia
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The tālā is the currency of Samoa. It is divided into 100 sene. The terms tālā and sene are the equivalents of the English words dollar and cent in the Samoan language. Its symbol is $, or WS$ to distinguish it from other currencies named dollar.
Sāmoa tālā (Samoan) | |
---|---|
ISO 4217 | |
Code | WST (numeric: 882) |
Subunit | 0.01 |
Unit | |
Symbol | $ (sometimes WST, SAT, ST or T) |
Denominations | |
Subunit | |
1⁄100 | sene |
Banknotes | $5, $10, $20, $50, $60, $100 |
Coins | 10, 20, 50 sene, $1 and $2[1] |
Demographics | |
Date of introduction | 10 July 1967 |
Replaced | Western Samoan pound |
User(s) | Samoa |
Issuance | |
Central bank | Central Bank of Samoa |
Website | www |
Valuation | |
Inflation | 1.3% |
Source | The World Factbook, 2017 |
The word 'tala' is also derived from the German word 'Thaler', and pronounced the same.
The tālā was introduced on 10 July 1967, following the country's political independence from New Zealand in 1962. Until that time, Samoa had used the pound, with coins from New Zealand and its own banknotes. The tālā replaced the pound at a rate of 2 tālā = 1 pound and was, therefore, equal to the New Zealand dollar. The tālā remained equal to the New Zealand dollar until 1975.
The symbol WS$ is still used for the tālā,[2] 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,[3] ST[4] and T[5] appear to be in use as well.
Sometimes figures are written with the dollar sign in front, followed by "tālā". e.g. $100 tālā.[3][6]
The Samoan currency is issued and regulated by the Central Bank of Samoa.[3][6]