Maltese Lira (MTL) = 100 cents = 1000 mils. Notes are in denominations of MTL20, 10, 5 and 2. Coins are in denominations of MTL1, and 50, 25, 10, 5, 2 and 1 cents. A number of gold and silver coins are also minted. Money can be changed at banks, bureaux de change, some hotels, and larger shops and restaurants. Automated foreign exchange machines are available at various locations on the islands. Exchange bureaux are often open 24-hours per day. Many hotels, larger shops and restaurants accept foreign currency. American Express, Diners Club, MasterCard and Visa are accepted. ATMs are available. Exchanged in the normal authorised institutions. The import of local currency is limited to MTL5000. The export of local currency is limited to Lm5000. The import and export of foreign currency is unlimited, subject to declaration if contemplating re-export up to amount imported. Mon-Fri 0830-1230, Sat 0830-1130. Some work longer hours and summer and winter hours may differ. | Date | Jul 06 | | £1.00= | MTL0.62 | | $1.00= | MTL0.34 |
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