"Maltese currency: Euro" Top 5 Page for this destination Marsaxlokk Local Custom Tip by HORSCHECK

Malta is a member of the European Union since May 2004. On the 1st of January 2008 Malta adopted the Euro as official currency, which makes travels for people coming from the Eurozone much easier.

The Euro replaced the Maltese Lira (MTL), which was in circulation since 1972. The fixed exchange rate between the two currencies is 0,429300 EUR/MTL.

The backside of the Maltese Euro coins carry three different designs: The Maltese cross on the 1 and 2 Euro coins; the Maltese coat of arms on the 10, 20 and 50 Cent coins and the Mnajdra temples on the 1, 2, and 5 Cent coins.