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D3: Samoa Hotel/Motel Rates
The Exchange Rate of the Tala is determined on the basis of a trade-weighted basket of currencies. The currency basket is reviewed periodically to reflect changes in trade and payment patterns between Samoa and its major trading partners. As a result of the last review carried out in March 2009, the currency basket now comprises the currencies of United States of America, New Zealand, Australia and the Euro Countries. The weightings are based on Samoa's distribution of trade and travel transactions.
EXCHANGE RATES
D3: Samoa Hotel/Motel Rates
Amounts in Tala
Period :  30 January - 06 Feb 2012
 TRAVELLERS CHEQUES  

RANGE (ST$)
 1 NZ DOLLAR ------------------------------>

1.72- 1.79
 1 US DOLLAR ------------------------------> 2.12 - 2.21
 1 AUSTRALIAN DOLLAR ------------------------------> 2.23 - 2.32
 1 GBP ------------------------------> 3.30 - 3.44
 1 EURO ------------------------------> 2.60 - 2.71
 36.50 JAPANESE YEN ------------------------------> 1.00
 BANK NOTES   RANGE (ST$)
 1 NZ DOLLAR ------------------------------> 1.69- 1.76
 1 US DOLLAR ------------------------------> 2.11 - 2.20
 1 AUSTRALIAN DOLLAR ------------------------------> 2.21 - 2.30
 1 GBP ------------------------------> 3.01 - 3.14
 1 EURO ------------------------------> 2.51 - 2.62
 1 TONGAN PAAGA ------------------------------> 1.23 - 1.28
 1 FIJI DOLLAR ------------------------------> 1.15 - 1.19
 46.53 JAPANESE YEN ------------------------------> 1.00
NOTE:
1. For conversion of guests accounts in foreign currency to SAT$, please use the mid-rate (average of the TT Buying and Selling rates of banks) or any rate (less than the mid-rate) appropriate and acceptable to the Hotel and its guests
2. Hotels to set their rates within the ranges provided above

Disclaimer: While every effort is made to ensure that information published on the Central Bank's website is accurate, no liability is accepted for errors or omissions. Please contact us at centralbank@cbs.gov.ws before acting on the basis of the information provided.

Last Updated: 29 January, 2012
Source: Financial Markets Department
 
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