Welcome to the Central Bank of Samoa

The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as a bank to the Government and the commercial banks.

CYG coin
Five coins

What's New

Further Relaxation of Exchange Control Policies

Following the Annual Review of Exchange Control Policies, the Central Bank of Samoa (CBS) wishes to advise of further relaxation in exchange controls effective from 1st August 2018. The changes include new and increased delegations of authority to the commercial banks and money transfer operators. The easing of exchange controls is consistent with current economic conditions and the positive outlook for Samoa’s economy and foreign reserves.

Media Release on Money Laundering Prevention Amendment Act 2018

We wish to inform the public and our respective stakeholders that the Money Laundering Prevention Amendment Act 2018 has been passed by Parliament, and assented to by the Head of State on Friday 22 June 2018.

CBS Blocks All Onecoin Cryptocurrency Transactions

The Central Bank of Samoa (CBS) has issued a directive to all financial institutions (predominantly Commercial Banks and Money Transfer Operators) to block all foreign exchange transactions related to Onecoin/ Onelife cryptocurrency promotion.

key statistics

June 2018

Official Interest Rate 0.17%
Commercial Banks Lending rates 8.89%
Commercial Banks Deposit rates 2.70%
Headline Inflation Rate 3.7%
Official International Resv SAT$422.59M
Import Cover (Good only) 6.1 months

Real GDP
2013/14 SAT$1,691M (+1.2%)
2014/15 SAT$1,719M (+1.6%)
2015/16 SAT$1,841M (+7.1%)
2016/17 SAT$1,887M (+2.5%)
Nominal GDP
2013/14 SAT$1,866M (+1.5%)
2014/15 SAT$1,949M (+4.4%)
2015/16 SAT$2,055M (+5.5%)
2016/17 SAT$2,133M (+3.8%)
Nominal GDP Per Capita
2013/14 SAT$9,754 per person
2014/15 SAT$10,111 per person
2015/16 SAT$10,556 per person
2016/17 SAT$10,876 per person

Daily Exchange Rates

Monday 20 August 2018

Midrate:
SAT/USD - 0.38246 PerSAT$1

Comm Banks Outer Limit T/T per SAT$1
SAT/USD:
Sell - 0.37396 Buy - 0.39096

Daily Rate