Western Samoan Pound - History

History

In 1914, following the New Zealand occupation of German Samoa, the pound sterling replaced the German mark as the currency of the territory. When the New Zealand pound broke its parity with the pound sterling in 1930 at the beginning of the great depression, the Samoan unit followed the same course as the New Zealand pound. There were no special issues of sterling coinage issued for Western Samoa. The circulating coinage was originally United Kingdom coinage and from 1934 it became predominantly the new New Zealand coinage. When New Zealand decimalized its currency in 1967, the Western Samoan pound was replaced by the tala, at a rate of 1 pound = 2 tala.

For a more general view of history in the wider region, see The Pound Sterling in Australia, New Zealand, and Oceania.

Read more about this topic:  Western Samoan Pound

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