03You are here: Home > StatisticsExchange Rates > D3: Samoa Hotel/Motel Rates
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 1999, the currency basket now comprises the currencies of New Zealand, United States of America, Australia, Fiji, Japan and Euro Countries. The weightings are based on Samoa's distribution of trade, private remittances, travel transactions and debt servicing.
EXCHANGE RATES
D3: Samoa Hotel/Motel Rates
Amounts in Tala
Period : 24  - 01 Dec 2008
 TRAVELLERS CHEQUES  

RANGE (ST$)

 1 NZ DOLLAR ------------------------------>

1.53 - 1.59

 1 US DOLLAR ------------------------------> 2.84 - 2.96
 1 AUSTRALIAN DOLLAR ------------------------------> 1.79 - 1.86
 1 GBP ------------------------------> 4.21 - 3.39
 1 EURO ------------------------------> 3.49 - 3.63
 33.31 JAPANESE YEN ------------------------------> 1.00
 BANK NOTES   RANGE (ST$)
 1 NZ DOLLAR ------------------------------> 1.49 - 1.55
 1 US DOLLAR ------------------------------> 2.83 - 2.94
 1 AUSTRALIAN DOLLAR ------------------------------> 1.74 - 1.81
 1 GBP ------------------------------> 3.88 - 4.04
 1 EURO ------------------------------> 3.17 - 3.31
 1 TONGAN PAAGA ------------------------------> 1.24 - 1.29
 1 FIJI DOLLAR ------------------------------> 1.47 - 1.53
 43.03 JAPANESE YEN ------------------------------> 1.00
NOTE:
1. For conversion of guests accounts in foreign currency to SAT$, 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: 25 November, 2008
Source: Financial Markets Department