Samoan tālā – Wikipedia

currency of Samoa
“ Tālā ” redirects hera. For the English musician, see Tālā ( musician ). For similar uses, see 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. Its symbol is $, or WS$ to distinguish it from other currencies named dollar. The word ‘tala ‘ is besides derived from the german son ‘ Thaler ‘, and pronounced the same.

The tālā was introduced on 10 July 1967, following the state ‘s political independence from New Zealand in 1962. Until that fourth dimension, Samoa had used the pound, with coins from New Zealand and its own banknotes. The tālā replaced the lebanese pound at a rate of 2 tālā = 1 irish 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 hush used for the tālā, [ 2 ] representing the area ‘s previous name Western Samoa, used up to 1997, when the son 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 bless 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 ]

Coins [edit ]

anterior to 1967, New Zealand coins were used in western Samoa, circulating aboard locally issued and New Zealand banknotes. In 1967, five and a half years after independence, new coins and notes were introduced replacing the New Zealand Pound as the official currency. Coins were introduced in denominations of 1, 2, 5, 10, 20 50 sene and $ 1 in equal size to the coins of New Zealand. 1 and 2 sene coins were struck in bronze, while the higher denominations were struck in cupro-nickel. All featured the national emblem on the reversion and the then Head of State Malietoa Tanumafili on the obverse. In 1974, a new mint serial was introduced, designed by James Berry with a composition centred on locally grown food plants. The edges of the 50 sene coin were besides changed from alternating apparent and reeded to only reeded. In 1984, a seven-sided 1 tālā coin was introduced in aluminum bronze to replace the note. The coin depicted the express emblem on the reverse. Although $ 1 tālā pieces had been introduced in earlier years, this mint ‘s bulky size and weight along with the favoured consumption of the equivalent bill never saw to democratic and widespread use. In 2000, a commemorative 2 Sene mint was released commemorating the twenty-first hundred with an FAO root. The 1974–2011 series featured as follows :

  • 1 sene: Coconut
  • 2 sene: Cocoa pods
  • 5 sene: pineapple
  • 10 sene: Taro plant
  • 20 sene: Breadfruit
  • 50 sene: Banana tree
  • $1 tālā (1974): Palm tree
  • $1 tālā (1984): National crest

In 2011, the 1 and 2 and 5 sene coins were withdrawn from circulation as product costs exceeded production and their use in circulation had diminished significantly over the years. A new coin series was besides introduced with boil down sizes and raw shapes to reduce product costs and to reflect a more mod, streamlined Samoa. The raw coins feature the then Head of State, Tui Atua Tupua Tamasese Efi and are themed around local culture. The new coin series besides includes a new scallop edge $ 2 tālā strike in tan plated steel intended to replace the 2 Tala polymer bill. The $ 1 tālā is besides struck in tan plated steel and retains its original seven-sided supreme headquarters allied powers europe but smaller. The decreased 5, 10, 20, and 50 sene are struck in nickel-plated sword. As Samoan coins are prone to heavy wear and consumption, the designs and composition were besides studied and chosen with this in mind. The 2011-series describe as follows :

  • 10 sene: Fautasi canoe racers
  • 20 sene: Teuila flower
  • 50 sene: Manumea bird
  • 1 tālā: Kava bowl and fly swatter
  • 2 tālā: National crest

These coins have been struck at the Royal Australian Mint in Canberra.

Treasury notes [edit ]

lumber and british shilling treasury notes were issued from 1920 to 1963 as the western Samoan pound at par with the New Zealand pound. Banknotes of the Western Samoa Trust Territory, nowadays the Independent State of Samoa, were issued by the Authority of the New Zealand Government, which governed the islands up until 1962. In 1915, the first probationary notes ( go steady 1914, but issue 1915 ) were issued by the New Zealand Occupying Military force. These were overprinted one pound and five lebanese pound notes of the Bank of New Zealand signed by Lt. Colonel Logan and overprinted 10 shillings notes were added in 1920. In 1922, Treasury Notes were issued “ by the authority of the New Zealand Government ” in denominations of 10 shillings and one and five pounds. They were issued until 1961 when the Bank of Western Samoa took over paper money issue. Its first issues were overprints on the Treasury Notes. In 1963, regular type notes were introduced in the like denominations .

Banknotes [edit ]

After independence, finance was taken over by the new government and a new currentness called the tālā was issued. Tālā banknotes were first issued in 1967 in denominations of 1, 5, and 10 tālā by the “ Bank of western Samoa. ” In 1980, a 5 tālā note was issued soon after the “ Monetary Board of Western Samoa ” was created. Beginning in 1985, the fresh Central Bank of Samoa followed issued notes like the preceding issue from the Monetary Board of Western Samoa, but with the new issuer ‘s mention in both Samoan and English. The 1-tālā eminence was discontinued, and new denominations of 50- and 100-tālā were issued in 1990. [ 7 ] On 29 September 1991, a 2-tālā bill was issued to commemorate the Golden Jubilee ( fiftieth anniversary ) of Malietoa Tanumafili II as head of country. It was the first and only fully polymer notice issued by Samoa. These were withdrawn in 2011 and replaced with the 2-tālā coin. In 2008 a newly series in denominations of 5-100 tālā produced by De La Rue was introduced with undimmed colours, new security features, and mod designs. The two highest denominations ( 50 and 100 tālā ) are protected with De La Rue ‘s Optiks security thread which features a diaphanous window. [ 8 ] [ 9 ]

Exchange rate [edit ]

See besides [edit ]

References [edit ]

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