One article to understand what KAS coins are and which country KAS coins are from

KAS coins, introduced in 1962, are the official currency of Samoa and depict Samoan culture, history, and national symbols.

Oct 02, 2024 at 10:30 pm

Understanding KAS Coins: An Overview

KAS coins, officially known as Samoan Tala, are the official currency of Samoa, an independent state in the South Pacific. Here's a comprehensive guide to KAS coins, their history, and their role in the Samoan economy:

1. History of KAS Coins

KAS coins were first introduced in 1962, replacing the Western Samoan Pound. The name "Tala" means "dollar" in Samoan. Since its introduction, the KAS has been pegged to and follows the exchange rate of the New Zealand Dollar (NZD).

2. Coin Denominations

KAS coins are minted in the following denominations:

1 sene
2 sene
5 sene
10 sene
20 sene
50 sene
$1
$2

The sene (plural: sene) is the subunit of the Tala, with 100 sene equal to 1 Tala.

3. Design and Features

KAS coins feature a variety of unique designs and themes that reflect Samoan culture and history. The current series of coins, introduced in 2011, includes the following designs:

1 sene: Canoe
2 sene: Turtle
5 sene: Fish
10 sene: Breadfruit
20 sene: Coconut
50 sene: Samoa Flag
$1: Samoa fale (traditional house)
$2: Independence Monument

The coins also feature the Samoan coat of arms and the text "Malo Si Samoa" (God Save Samoa), the national motto.

4. Exchange Rate and Monetary Policy

As mentioned earlier, the KAS is pegged to and follows the exchange rate of the New Zealand Dollar. This ensures stability and consistency in the value of the Samoan currency. The Central Bank of Samoa is responsible for managing the monetary policy of the country and maintaining the peg to the NZD.

5. Role in the Samoan Economy

KAS coins play a crucial role in the Samoan economy, facilitating trade, transactions, and investments. They are widely accepted as payment throughout the country. The stability of the currency has contributed to the economic growth and prosperity of Samoa.

6. Conclusion

KAS coins are the official currency of Samoa, with a rich history and unique designs. Their peg to the New Zealand Dollar provides stability and facilitates trade, while their widespread acceptance contributes to the economic well-being of the Samoan people.

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