AUD to WST Exchange Rate

The lowdown on the Samoan Tala

Economical Influences on the Samoan Tala Exchange Rate

If you are considering converting AUD to WST, it’s good to get a snapshot of how the economy may influence the Samoan tala.

The economy of Samoa has traditionally been reliant on development aid, tourism and fishing; with agriculture and fishing making up around 90% of Samoa's exports.¹

The service sector in Samoa is lively, employing around half of the countries labour force and making up around two thirds of overall GDP.¹

Foreign reserves are relatively healthy and the inflation of the Samoan tala remains low over the course of the last few years.²

Samoan Tala Historical Exchange Rate

The Samoan tala has performed well the last few years, particularly when compared with 2011 to 2013 when the AUD to WST exchange rate peaked at around 1 AUD to 2.56 WST on 16 April 2011.

Between 11 June 2014 and 20 December 2014 the AUD WST exchange rate improved from around 2.19 to 1.98 WST per AUD.³

By late January 2016, a year later, 1 AUD was buying around 2.02 WST and by early December of the same year that figure had stayed stable, with 1 AUD buying around 1.86 WST.³

In the past 5 years, the WST has fluctuated between 1 AUD to 2.20 WST on 12 June 2014 to 1 AUD to 1.77 WST on 16 January 2016.³

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^Sources:

<sup>1. Central Intelligence Agency - https://www.cia.gov/library/publications/the-world-factbook/geos/ws.html
2. OANDA - https://www.oanda.com/currency/iso-currency-codes/WST
3. XE - https://www.xe.com/currencycharts/?from=AUD&to=WST&view=5Y</sup>

^{*The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Terms and Conditions before deciding whether to acquire any product.}