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Currency history

Maltese pound / lira

Maltese pound / lira: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Sterling
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Where this money came from

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7 ancestors · 1 descendant. Follow a name to its history. Select a dated connection for its evidence.

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The story

Malta decimalized while retaining the pound as its unit. [1]

Turning points

Account-unit observation

Malta pound is the existing principal statutory unit; decimalization changes subdivisions and covered contract/account fractions. [2]

Currency rename

Maltese pound was renamed Maltese lira. [3]

Euro monetary substitution

1 EUR = 0.429300 MTL. Malta: euro adoption 2008-01-01; cash 2008-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [4] [5] [6]

Euro cash changeover

Malta: euro adoption 2008-01-01; cash 2008-01-01. [5]

Sources and evidence

  1. Central Bank of Malta · A Brief History of the Central Bank of Malta C871 ↗
  2. Parliament of Malta · Central Bank of Malta (Amendment No2) Act, XX of 1971 C1502 ↗
  3. Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 C872 ↗
  4. Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 C690 ↗
  5. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C691 ↗
  6. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C646 ↗

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Cite this page

“Maltese pound / lira.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000801.html

Editorial evidence supplement · Download dataset v44

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