The Maltese lira (LM)Since 1.1.2008 the Euro is the currency in use in Malta.
From that date there is a fixed exchange rate of LM 0.4293 per 1 EUR.
The local currency till 31.12.2007 was the lira (LM); Each lira was divided into 100 cents and each cent into 10 Mils::
Metal Coins: 50, 25, 10, 5, 2, 1 cents and a coin of LM 1
Paper Bills: The lira appeared in denominations of LM 2, 5, 10 and 20
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
Please read our terms of service before entering this site.