The currency in Malta is the euro. Each euro is divided into 100 cents. When you're buying currency for Malta, look out for the currency code EUR. And once you're in Malta, you'll see the symbol € used to show prices. You'll find Euro banknotes in denominations of 5, 10, 20, 50, 100, 200, and 500 - although the 200 and 500 EUR notes. 4.5 (3366) Powered by GetYourGuide. Become a partner. The most commonly used banknotes in Malta are the €5, €10, €20 and €50. All the coins are used very frequently. The Institution of the European Union uses the Euro (€) (code EUR) as its official currency.
Malta Currency
Currency exchange in Malta. Foreign currency can easily be exchanged to Euro in various locations across Malta, mostly through bank branches and financial services providers. Although GBP and USD are the most popularly exchanged currencies, in some places you'll be able to exchange AUD, CAD, CHF as well. These are a few options in some of the. 0.29 519137 Maltese Liri. 1 MTL = 3.38763 CAD. MTL replaced by EUR. We use the mid-market rate for our Converter. This is for informational purposes only. You won't receive this rate when sending money. Login to view send rates. Canadian Dollar to Maltese Lira conversion — Last updated Sep 13, 2023, 20:26 UTC. 2 Cents - copper. 5 Cents - copper. 10 Cents - gold. 20 Cents - gold. 50 Cents - gold. 1 Euro - silver, gold. 2 Euro - gold, silver. The issue of euro coins is a national competence. In Malta coins are issued by the Central Bank of Malta on behalf of the Maltese Government. 2.54 61151 US Dollars. 1 USD = 0.392755 MTL. MTL replaced by EUR. We use the mid-market rate for our Converter. This is for informational purposes only. You won't receive this rate when sending money. Login to view send rates. Maltese Lira to US Dollar conversion — Last updated Jan 5, 2024, 06:25 UTC.
All About the Maltese Currency & a Converter
The currency in Malta is the euro. As the official legal tender in Malta, the euro is officially recognized by the Maltese government, meaning you can use it to settle all financial obligations in the country, including paying for goods, services, taxes, and debts. 4.7/5, 41.5k ratings. CAD to MTL currency chart. XE's free live currency conversion chart for Canadian Dollar to Maltese Lira allows you to pair exchange rate history for up to 10 years. The USD/EUR exchange rate, meanwhile, has traded at both 0.67 and 0.96 over the last decade - a movement of 29 cents. These graphs show that the GBP/EUR exchange rate is slightly weaker now than it was in 2011 (meaning you'd get fewer Euros for your Pounds) while the USD/EUR exchange rate has strengthened over the last decade. Currency in Malta. Prior to 2008, Malta used the Maltese Lira. However, these days, the official currency of Malta is the euro. Because Malta welcomes tourists from all over the world, you'll find that some large hotels and tourist attractions will accept payments in other international currencies. However, the rates are likely to be poor.
5 Pounds banknote (Government of Malta) Exchange yours for cash
What Currency is Used in Malta. Up until 2008, Malta used the Maltese lira as its official currency. This was replaced with the euro - the European Union monetary unit - on 1 January 2008. Malta joins 18 other EU members that have adopted the euro as legal tender, making up an economic region called the eurozone. 0.38 741328 Maltese Liri. 1 MTL = 2.58122 USD. MTL replaced by EUR. We use the mid-market rate for our Converter. This is for informational purposes only. You won't receive this rate when sending money. Login to view send rates. US Dollar to Maltese Lira conversion — Last updated Dec 28, 2023, 16:22 UTC.
Currency & Banks On 1st January 2008 Malta adopted the euro as its currency. On 1st February 2008 the euro became the only legal tender currency in Malta and Gozo. Banks are normally open until early afternoon from Monday to Friday, and until midday on Saturday. Some banks/branches work longer hours. Summer and winter opening […] 31.8041. Non-cash buying. 33.4351. Revaluation. 32.6196. Rates shown here are indicative only and are subject to change without notice. The final exchange rate offered by the bank /applied to your transaction may vary from the rate indicated here.
What is the Currency of Malta? WorldAtlas
Malta adopted the Euro on 1st January, 2008, 9 years after the foundation of the Eurozone. Before that date, the Maltese currency had been the Maltese Lira. The Euro is issued by the European Central Bank, and used by 20 countries within Europe in total. The collection of countries using the Euro is commonly referred to as the 'Eurozone'. Currency guide to Malta and Euro (EUR) rates and money saving tips - Travel Money & Transfers. USD to EUR at 0.9060 is 2.5% below its 3-month average of 0.9291, having traded in a relatively stable 6.1% range from 0.9004 to 0.9554 90-DAY LOW 1-DAY -0.8%
