Malta - Money
Currency & Money
Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.
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 a day. Some hotels, larger shops and restaurants accept foreign currency. The best rates of exchange will always be found at the banks.
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