MALTA

(EUR) Currency News >>

CURRENCY:

Euro - EUR, Symbol €

DENOMINATIONS:

NOTE: €500, 200, 100, 50, 20, 10 and 5.

COIN: €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.

US DOLLAR ACCEPTED?

N/A

CREDIT/DEBIT CARDS AND ATMS:

Most major credit cards are widely accepted, and ATM machines are also available.

CURRENCY EXCHANGE:

There are currency exchange services via automated machines around the island, as well as at banks and bureaux de change.

TRAVELLER'S CHEQUES:

These are widely exchanged. Best in Euros and US dollars.

BANKING HOURS:

Mon-Fri 0830-1230, Saturdays until 1130. Note banking hours may vary according to season.

CURRENCY RESTRICTIONS:

N/A

COUNTRY OVERVIEW:

Malta is officially called the Republic of Malta and is an island nation in the Mediterranean Sea. The country was once a colony of Britain, but has been independent since 1964. It joined the EU in 2004. The language of Malta was once Italian, but now the official languages are Maltese and English. The capital is Valetta.

POPULATION:

Around 415,000

ECONOMY:

Malta relies on foreign trade and imports most of its freshwater and food. The main elements of the economy are tourism and manufacturing. The islands are placed in a favourable position geographically and a major natural resource is limestone.