Currency

The official currency in Malta is the Euro (EUR, €). Like in other 'euro zone' countries, the notes come in denominations of €5, €10, €20, €50, €100, €200 and €500. The denominations of coins are: 1, 2, 5, 10, 20 and 50 cents and €1 and €2.

Currently the 'euro zone' consists of the following European countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. In addition to the above, the euro is officially used in Andorra, Kosovo, Monaco, Montenegro, San Marino and Vatican.

Foreign Currency Exchange

Foreign currency can be exchanged at banks, exchange bureaus, some hotels as well as some larger shops and restaurants. Banks usually offer best exchange rates. Many exchange bureaus are open 24 hours. Another option for foreign travelers is to use money exchange machines that are available at various locations in Malta, mostly in the main tourist areas.

ATMs

Automated Teller Machines (ATMs) are widely available in Malta. The ATMs are linked to international networks, such as Visa/Electron/Plus and MasterCard/Cirrus/Solo/Maestro, and travelers who have credit or internationally accepted debit cards with the above logos can use them to withdraw cash from their bank account or get a credit card cash advance.

Credit Cards

Credit cards, such as Visa, MasterCard, American Express or Diner’s Club (the last two on a more limited basis), are accepted by almost every business in Malta. The cards can also be used at ATMs to get a cash advance.

Traveler's Checks

Traveler's checks can be exchanged at banks.

Banking Hours

Banks are typically open from 8:30am to 5:30pm, Monday to Friday and 8:00am to 1:00pm on Saturdays.

Current Euro Rates

For other currencies or conversion amounts go to Currency Converter