Argentine Peso in Samoan Tala

ARS Argentine Peso

Country of application:
Argentina

Coin denominations in circulation:
10, 20, 50, 100, 200, 500, 1000 pesos.

Denominations of banknotes in circulation:
1, 2, 5, 10 pesos.

History reference:
Currency abbreviation or currency symbol for the Argentine nuevo peso (ARS), the currency for Argentina. The Argentine song Nuevo was first seen in 1992 when it replaced the australium in the convers...ion of 1 peso to 10,000 australia. Other names for the currency include peso convertible and nuevo peso convertible. The Argentine Nuevo Peso was pegged to the US dollar from 1 peso to one dollar form from 1992 to 2001. In 2002, the peso floated and devalued by about 75%, helping to improve export competitiveness. The export boom led to a massive influx of US dollars into the Argentine economy, which led to the stabilization of the national currency. Some time later, the Central Bank announced support for a strategy to keep the exchange rate between 2.90 and 3.10 pesos to the US dollar in order to maintain export competitiveness. When necessary, the Central Bank prints pesos and buys dollars on the free market (sometimes in large quantities, in the order of 10 to 100 million US dollars a day) to protect the peso from inflation, 27,000 million US dollars have accumulated in the vaults of the Central Bank, despite spending $9,810 million in payment to the IMF in January 2006.

WST Samoan Tala

Country of application:
Samoa

Coin denominations in circulation:
10, 20, 50 seine, 1 and 2 hoists.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 hoists.

History reference:
The tala is the currency of Samoa. During the German rule, the German mark was in circulation on the islands, which was replaced after the end of the First World War by the Samoan pound. Control over... the circulation of the Samoan pound was carried out by a special financial department of New Zealand. After the declaration of independence by Western Samoa, the formed Central Bank of Samoa issued the national currency, the Samoan tala, into circulation, which gradually replaced the pound, which was exchanged at a ratio of 1 pound to 2 tals. Coins for Western Samoa were not issued, until 1933 British coins were used, and after - New Zealand coins. On July 10, 1967, as a result of the monetary reform, the Samoan pound was replaced by the Samoan tali at a ratio of 1 pound = 2 tals. The names "tala" and "sene" are Samoan equivalents of the words "dollar" and "cent". 2008 Samoan tala banknotes are made of plastic.